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Answer in one sentence. What is the return on deposit? - Secretarial Practice

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Question

Answer in one sentence.

What is the return on deposit?

One Line Answer
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Solution

A fixed rate of interest is the return on deposit.

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Precautions to Be Taken by the Secretary While Corresponding with Depositors
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Chapter 8: Correspondence with Depositors - Exercises [Page 125]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 8 Correspondence with Depositors
Exercises | Q 1 H) 2. | Page 125
SCERT Maharashtra Secretarial Practice [English] 12 Standard HSC
Chapter 8 Correspondence with Depositors
Answer in one sentence | Q 1

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Depositors are ______ of a company.


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Deposits are ______ loans of the company.


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The return or income for the investment of money on deposits is called ______.


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Group ‘A’ Group ‘B’
a) Depositors 1) Fixed
b) Rate of Interest on Deposits 2) Evidence of ownership
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  5) Evidence of deposit
  6) Fluctuating

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Instrument for payment of interest on deposit.


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Fixed Deposit holder is creditor of the company.


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Fixed Deposit holders are entitled to receive dividend.


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Explain the following term/concept.

Depositor


Explain the following term/concept.

Interest on Deposit


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