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Question
Answer in one sentence.
What is Interest Warrant?
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Solution
Interest Warrant is an instrument issued by the company for payment of interest on a deposit.
RELATED QUESTIONS
A Company cannot accept deposit for more than ______ months.
Select the correct answer from the options given below and rewrite the statement.
The return or income for the investment of money on deposits is called ______.
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Deposits are invited by the company without issuing statutory advertisement.
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Fixed Deposit holders are entitled to receive dividend.
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The ______ must be cautious and careful while writing letters to the depositors.
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Deposit is a ______ term source of finance of the company.
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A company can accept deposits for the minimum period of ______ months.
Answer in one sentence.
Who is depositor?
Correct the underlined word and rewrite the following sentence.
Depositors are owners of the company.
Correct the underlined word and rewrite the following sentence.
Depositors are entitled to receive dividend.
Arrange in proper order
- Payment of Interest
- Deposit Receipt
- Acceptance of Deposits
Explain the following term/concept.
Depositor
Explain the following term/concept.
Interest on Deposit
Justify the following statement.
The Company Secretary should take certain precautions while corresponding with depositors.
State whether the following statements are true or false.
A Private Company can accept the deposits from the general public.
