| Q.149 | Amortisation is nothing but: | |
| Ans | A. the accumulation of sinking fund at compound interest for payment of debt | |
| B. the capital sum required to be invested in order to receive a net annual income as an annuity of ₹1 at certain rate of interest | ||
| C. the loss of property due to its use, life wear and tear | ||
| D. the net instalment of annual or periodical payment for repayment of the capital amount invested in a property for a specific period |
Correct Ans: A
