IBPS RRBs Officer Scale II and III Sep 2013 Paper

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Question : 112 of 200

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What does the term Depreciation mean as used in finance/banking operations?

Closure of a plant due to lock out
Reduction in the value/ loss of equipment/plant over a time due to wear and tear
Loss incurred during a year due to plant breakdown
Unusually high repair expenses incurred on the plant during the year
None of these

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