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प्रश्न
A public deposit is a deposit made by public in the nationalised banks.
विकल्प
True
False
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उत्तर
This statement is False.
Explanation:
Public deposits are a source of financing for companies, where the general public is invited to deposit their money directly with the company for a fixed period and at a predetermined interest rate. This is different from bank deposits.
APPEARS IN
संबंधित प्रश्न
Write a word, term, or phrase that can substitute for
the following statement:
The authority which has power to accept deposits.
State, with reasons, whether the following statements are True
or False (Any THREE) :
A company can accept deposits repayable on demand.
Select the proper option from the option given below and rewrite the sentences:
Company can accept deposits from public, maximum for _____ months.
Write notes on (Any Three)
Repayment of Deposits.
Draft a letter to a depositor informing him about payment of interest.
What are the provision and rules of companies Act1956 with respect to the Invitation of Public deposits?
Multiple Choice Question:
Public deposits are deposits that are raised directly from
State the merits and demerits of public deposits and retained earnings as methods of business finance.
What are public deposits?
Describe the disadvantages of public deposits.
