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Explain the following term/concept. Deposit - Secretarial Practice

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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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Precautions to Be Taken by the Secretary While Corresponding with Depositors
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Correspondence with Depositors - Exercises [पृष्ठ १२५]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 8 Correspondence with Depositors
Exercises | Q 2.2 | पृष्ठ १२५

संबंधित प्रश्न

Depositors are ______ of a company.


Select the correct answer from the options given below and rewrite the statement.

Depositors provide ______ Capital to the 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.

Public Deposits are accepted to meet the requirement of ______ Capital.


Select the correct answer from the options given below and rewrite the statement.

The return or income for the investment of money on deposits is called ______.


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.


Complete the sentence.

The ______ must be cautious and careful while writing letters to the depositors.


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Depositor 1) ____________
b) Return on Deposits 2) ____________
c) ______________ 3) Maximum Period of Deposits
d) Minimum Period of Deposits 4) ____________

(Interest, Creditor of the company, 36 months, 6 months)


Arrange in proper order

  1. Renewal of Deposit
  2. Acceptance of Deposits
  3. Deposit Receipt

Explain the following term/concept.

Depositor


Explain the following term/concept.

Interest on Deposit


Explain the following term/concept.

Deposit Receipt


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.


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