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Question
Answer in one sentence.
What is the return on deposit?
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Solution
A fixed rate of interest is the return on deposit.
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Instrument for payment of interest on deposit.
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Depositors are entitled to receive ______ at fixed rate.
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| Group ‘A’ | Group ‘B’ |
| a) Depositor | 1) ____________ |
| b) Return on Deposits | 2) ____________ |
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| d) Minimum Period of Deposits | 4) ____________ |
(Interest, Creditor of the company, 36 months, 6 months)
Correct the underlined word and rewrite the following sentence.
Deposit is a long term source of capital.
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
Explain the following term/concept.
Deposit Receipt
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.
