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प्रश्न
Explain the following term/concept.
Deposit
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उत्तर
Deposit is a short term source of finance for the company and it is used to meet the short term working capital requirements of the company. The company cannot accept deposits for a period of less than 6 months or more than 36 months. The company is liable to pay regular interest on the deposits at a fixed rate along with the principal amount on maturity.
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संबंधित प्रश्न
Depositors are ______ of a company.
A Company cannot accept deposit for more than ______ months.
Select the correct answer from the options given below and rewrite the statement.
A company cannot accept deposit for less than ______ months.
Select the correct answer from the options given below and rewrite the statement.
Rate of interest on deposits is ______.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| a) Depositors | 1) Fixed |
| b) Rate of Interest on Deposits | 2) Evidence of ownership |
| c) Deposit Receipt | 3) Debtors |
| 4) Creditors | |
| 5) Evidence of deposit | |
| 6) Fluctuating |
Write a word or a term or a phrase which can substitute the following statement.
Return of deposits on maturity date.
Write a word or a term or a phrase which can substitute the following statement.
Maximum period of deposits.
State whether the following statement is true or false.
Deposits are invited by the company without issuing statutory advertisement.
State whether the following statement is true or false.
Fixed Deposit holders are entitled to receive dividend.
State whether the following statement is true or false.
A Private Company cannot accept the deposits from the general public.
Complete the sentence.
Depositors are the ______ of the company.
Complete the sentence.
The ______ must be cautious and careful while writing letters to the depositors.
Correct the underlined word and rewrite the following sentence.
Depositors are owners of the company.
Correct the underlined word and rewrite the following sentence.
Depositors are entitled to receive dividend.
Arrange in proper order
- Renewal of Deposit
- Acceptance of Deposits
- Deposit Receipt
Explain the following term/concept.
Interest on Deposit
Answer in brief.
What precautions are to be borne in mind by the Secretary, while corresponding with Depositors.
State whether the following statements are true or false.
A Private Company can accept the deposits from the general public.
