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HSC Commerce (English Medium) १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions

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Select the correct answer from the options given below and rewrite the statement:
A __________ Company can accept deposits from public not exceeding 35% of its paid-up share Capital and free reserves..

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Deposit can be accepted for a minimum of 6 months and a maximum for ______ months.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

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Company has to appoint ______ to protect the interest of depositors.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Select the correct answer from the options given below and rewrite the statement:
Deposit Receipt is issued within ______________ days of receipt of deposit

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Match the pairs.

Group 'A'

Group 'B'

a) Private Company

10% of aggregate of paid-up share Capital + free reserves

b) Deposit Trust Deed

Signed at least 7 days before issuing advertisement

c) Secured Deposit

Maximum 30 months

d) Tenure of deposit

Charge on tangible assets

e) Return of Deposit

100% aggregate of paid-up share capital + free reserves

 

File on or before 31st March every year

 

Signed 21 days after issuing advertisement

 

Maximum 36 months

 

Charge on intangible assets

 

File on or before 30th June every year

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Find the odd one.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Complete the sentence:
A Government company can accept deposits from public not exceeding ____________.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Complete the sentence:
Deposits can be accepted or renewed for a period not less than 6 months and not more than ___________.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Complete the sentence:
Company cannot accept or renew deposits repayable on _____________.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Correct the underlined word and rewrite the following sentence.
Government Company can accept deposit from members.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Arrange in proper order:

(a) File Return of deposit

(b) Issue Deposit Receipt

(c) Issue advertisement.

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Apple Company Ltd. plans to raise funds through Public Deposits. Its net worth is ₹10 Crores.
  1. Can they accept deposits from the public?
  2. Can they accept deposits that mature after 4 years?
  3. Within what period should the company issue deposit Receipts to its depositors?
[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Study the following case/situation and express your opinion.
ABC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.
Can the company accept deposits in joint names?

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Study the following case/situation and express your opinion.
ABC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.
Can the company accept deposits from it’s members?

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

ABC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.

Can the company issue secured deposits?

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advice its Board on the following.

Does the company need to get shareholders approval for accepting deposits?

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

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

The dividend is to be paid to the shareholders within ______ days from the date of declaration.

[6] Correspondence with Members
Chapter: [6] Correspondence with Members
Concept: undefined >> undefined

Study the following case/situation and express your opinion.
Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advice its Board on the following. 
Does the company have to appoint a Debenture Trustee?

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Study the following case/situation and express your opinion.
Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advice its Board on the following. 
Within what period should the company create a charge on it’s assets?

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined

Study the following case/situation and express your opinion.
SUN Pvt. Ltd. company wants to raise funds through deposits.
Can the company accept deposits from the public?

[5] Deposits
Chapter: [5] Deposits
Concept: undefined >> undefined
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