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प्रश्न
A public deposit is a deposit made by public in the nationalised banks.
पर्याय
True
False
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उत्तर
This statement is False.
Explanation:
Public deposits are a source of financing for companies, where the general public is invited to deposit their money directly with the company for a fixed period and at a predetermined interest rate. This is different from bank deposits.
APPEARS IN
संबंधित प्रश्न
Draft a Letter to the depositor informing him/her about payment of interest.
Write notes on (Any Three)
Repayment of Deposits.
State, with reason, whether the following statement is True or False.
A public company can receive deposits from the public to any extent.
What are the provision and rules of companies Act1956 with respect to the Invitation of Public deposits?
Explain the features/ Advantages of deposits or Public Deposits.
Multiple Choice Question:
Public deposits are deposits that are raised directly from
Public deposits are deposits made by the public in nationalised banks.
What are public deposits?
Explain the pros and cons of public deposits as a source of business finance.
Public deposits are a source of long-term finance.
