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Select the correct answer from the options given below and rewrite the statement:
Company can issue circular or advertisement for inviting deposits after _________ days of filing it with Registrar of Companies.
Concept: undefined >> undefined
Select the correct answer from the options given below and rewrite the statement:
Charge on assets is to be created when a company issues ______________.
Concept: undefined >> undefined
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Write a word or a term or a phrase which can substitute the following statement.
Account that can be used only for repaying deposits
Concept: undefined >> undefined
Complete the sentence:
Deposit is a type of _____________ term loan.
Concept: undefined >> undefined
Complete the sentence:
Eligible Public company and Govt. Company can accept deposits from ______________.
Concept: undefined >> undefined
Complete the sentence:
To collect deposits from public, Eligible public company must have a net worth of not less than ___________
Concept: undefined >> undefined
Complete the sentence:
Premature repayment of deposits can be done by a company but not before _____________.
Concept: undefined >> undefined
Correct the underlined word and rewrite the following sentence.
Deposit Receipt is issued within seven days from date of receipt of deposits
Concept: undefined >> undefined
Correct the underlined word and rewrite the following sentence.
Register of deposits is to be filed with the Registrar of companies on or before 30th June every year.
Concept: undefined >> undefined
Explain the following term/concept.
Deposit Receipt
Concept: undefined >> undefined
Explain the following term/concept.
Return of Deposit
Concept: undefined >> undefined
Justify the following statement:
All companies cannot accept deposits from the public.
Concept: undefined >> undefined
Justify the following statement.
The company issuing the deposit must open Deposit Repayment Reserve Account.
Concept: undefined >> undefined
______ is a return paid to creditors by the company.
Concept: undefined >> undefined
Write a word or a term or a phrase which can substitute the following statement.
The return paid to the creditors by the company.
Concept: undefined >> undefined
State whether the following statement is true or false.
Interest is a liability for company.
Concept: undefined >> undefined
State whether the following statement is true or false.
Interest is paid to shareholders of company.
Concept: undefined >> undefined
Complete the sentence.
The obligatory payment made by company to its creditors is called as ______.
Concept: undefined >> undefined
Select the suitable option for the following.
Interest ____________.
Concept: undefined >> undefined
