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Question
Answer in one sentence.
Who is depositor?
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Solution
A depositor is a person who subscribes to the deposits of a company.
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Depositors are ______ of a company.
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| Group ‘A’ | Group ‘B’ |
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| b) Return on Deposits | 2) ____________ |
| c) ______________ | 3) Maximum Period of Deposits |
| d) Minimum Period of Deposits | 4) ____________ |
(Interest, Creditor of the company, 36 months, 6 months)
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Depositors are owners of the company.
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Deposits are the internal source of financing.
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Depositors are entitled to receive dividend.
Arrange in proper order
- Payment of Interest
- Deposit Receipt
- Acceptance of Deposits
Explain the following term/concept.
Depositor
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Interest on Deposit
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The Company Secretary should take certain precautions while corresponding with depositors.
