Consider the following statements about Sinking Fund : 1. It is a method of repayment of public debt. 2. It is created by the government out of budgetary revenues every year. Which of the statements given above is/are correct ?

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Q: 93 (CDS-II/2011)
Consider the following statements about Sinking Fund :
1. It is a method of repayment of public debt.
2. It is created by the government out of budgetary revenues every year.
Which of the statements given above is/are correct ?
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question_subject: 

Economics

question_exam: 

CDS-II

stats: 

0,68,80,43,25,68,12

keywords: 

{'sinking fund': [0, 0, 0, 1], 'budgetary revenues': [0, 0, 0, 1], 'repayment': [0, 0, 0, 5], 'public debt': [0, 0, 0, 6]}