हिंदी

Government company can collect deposits from its members.

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प्रश्न

Government company can collect deposits from its members.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

This statement is False.

Explanation:

Government Company can accept deposits from public not exceeding 35% of the paid up share capital and free reserves of the company.

shaalaa.com
Terms and Conditions for Acceptance of Deposits
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Deposits - Exercises [पृष्ठ ९०]

संबंधित प्रश्न

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


Select the correct answer from the options given below and rewrite the statement:
Deposit is a type of ______________________.


Select the correct answer from the options given below and rewrite the statement:
For premature repayment of deposit, company deducts __________ % of interest.


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.
Maximum 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.


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.
Company appoints Credit Rating Agency to protect the interest of depositors.


State whether the following statement is true or false.
Deposit Trust Deed is an agreement between company and Deposit Trustee


Find the odd one.


Complete the sentence:
Agency which gives ratings of the deposits of a company is called ______________.


Correct the underlined word and rewrite the following sentence.
Charge on assets is created when company issues unsecured deposit.


Explain the following term/concept.
Eligible Public Company


Explain the following term/concept.
Tenure of Deposit


Explain the following term/concept.
Charge on tangible assets


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


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Retained earnings 1 ______
b)  ______ 2 Written communication
c) 36 months 3 ______
d) ______ 4 Charge on assets
e) Cash sales 5 ______

(Less working capital, Correspondence, Secured debentures, Internal source of finance, Maximum tenure of deposits.)


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