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Explain the following term/concept. Depositor - Secretarial Practice

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प्रश्न

Explain the following term/concept.

Depositor

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उत्तर

A depositor is a person who places or invests money in a company in the form of a deposit. By doing so, the depositor becomes a creditor of the company. In return for the money deposited, the company pays the depositor interest at a prescribed rate. Depositors do not receive ownership rights but only the right to get back their money with interest.

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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 2.1 | पृष्ठ १२५

संबंधित प्रश्न

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

Depositors provide ______ Capital to the company.


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.

Deposits are ______ loans of the company.


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.

______ has the power to invite deposits from the Public.


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

Rate of interest on deposits is ______.


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.

An acknowledgement of the fixed deposit accepted by a company.


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

Return of deposits on maturity date.


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.

A Private Company cannot accept the deposits from the general public.


Answer in one sentence.

What is the return on deposit?


Correct the underlined word and rewrite the following sentence.

Deposit is a long term source of capital.


Correct the underlined word and rewrite the following sentence.

Depositors are entitled to receive dividend.


Arrange in proper order

  1. Payment of Interest
  2. Deposit Receipt
  3. Acceptance of Deposits

Explain the following term/concept.

Deposit Receipt


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