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Answer in one sentence.What is Deposit Repayment Reserve Account ? - Secretarial Practice

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प्रश्न

Answer in one sentence.
What is Deposit Repayment Reserve Account?

एक पंक्ति में उत्तर
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उत्तर

Deposit Repayment Reserve Account is an account opened by company only for repayment of deposit money

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Terms and Conditions for Acceptance of Deposits
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अध्याय 5: Deposits - Exercises [पृष्ठ ९१]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 5 Deposits
Exercises | Q 1. H) 8. | पृष्ठ ९१

संबंधित प्रश्न

Write a word or a term or a phrase which can substitute the following statement.
Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves.


Write a word or a term or a phrase which can substitute the following statement.
Minimum tenure of a deposit.


Write a word or a term or a phrase which can substitute the following statement.

Agreement between company and Deposit Trustee.


Write a word or a term or a phrase which can substitute the following statement.
Time within which company has to issue deposit Receipt


Write a word or a term or a phrase which can substitute the following statement.
Book which contains details of deposits accepted or renewed.


Government company can collect deposits from its members.


State whether the following statement is true or false.

A private company can collect deposits from public.


State whether the following statement is true or false.

Deposit can be accepted for a maximum of 36 months.


State whether the following statement is true or false.

For secured deposits, company has to create a charge on its tangible assets.


State whether the following statement is true or false.
Company appoints Credit Rating Agency to protect the interest of depositors.


Select the correct option from the bracket.

Group 'A'

Group 'B'

a) Government Company

1) ___________________

b) ___________________

2) Deposits from members

c) 36 months

3) ___________________

d) ___________________

4) Charge on tangible assets

e) Return of deposit

5)   __________________

(File on or before 30th June, Private Company, Secured deposits, Deposits from public, Maximum tenure of deposits.)


Correct the underlined word and rewrite the following sentence.
Company appoints Credit Rating Agency to protect the interest of Depositors.


Arrange in proper order.
a. Appoint Deposit Trustee.
b. Hold General Meeting.
c. Create charge on assets.


Explain the following term/concept.
Deposit Insurance


Explain the following term/concept.
Credit Rating


Justify the following statement
While issuing secured deposits, company has to appoint Deposit Trustee.


Give one word or phrase for the following sentence:

Type of company that can accept deposits only from its members or directors.


Study the following case/situation and express your opinion.

CC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.
  1. Can the company accept deposits in joint names?
  2. Can the company accept deposits from its members?
  3. Can the company issue secure deposits?

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