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Question :  ------------------ is the fund, the use of which is restricted either by the management or by the donor for a specific purpose.

Option 1: Restricted Fund

Option 2: General fund

Option 3: Capital Fund

Option 4: None of the above


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: Restricted Fund


Solution : Restricted Funds are the funds which have been constituted for some specific purpose. The use of such funds is restricted either by the management or by the donor for some specified purpose.
Hence, the correct option is 1.

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