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प्रश्न
Public deposits are a source of long-term finance.
पर्याय
True
False
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उत्तर
This statement is False.
Explanation:
Public deposits are generally a source of short-term or medium-term finance. Companies use them to raise funds from the public for a fixed period, usually up to 3 years, making them unsuitable for long-term financing.
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संबंधित प्रश्न
Write a word, term, or phrase that can substitute for
the following statement:
The authority which has power to accept deposits.
Write notes on (Any Three)
Repayment of Deposits.
What are the provision and rules of companies Act1956 with respect to Acceptance of Public Deposits?
OR
What are the provision and rules of companies Act1956 with respect to the Invitation of Public deposits?
With reference to business finance, explain the following:
Public Deposits
Public deposits are deposits made by the public in nationalised banks.
A public deposit is a deposit made by public in the nationalised banks.
What are public deposits?
Discuss the importance of public deposits as sources of medium and short-term finance.
Explain the pros and cons of public deposits as a source of business finance.
