What is meant by Reserve Fund..??
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Science is the pursuit and application of knowledge and understanding of the natural and social world following a systematic methodology based on evidence. Scientific methodology includes the following: ... Evidence. Experiment and/or observation as benchmarks for testing hypotheses
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A reserve fund is a savings account or other highly liquid asset that a person or company has set aside to cover any potential costs or financial obligations, especially those that occur unexpectedly. Unless the fund is formed to cover the cost of planned improvements, less liquid assets can be used.
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