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Arrange in proper order Renewal of Deposit Acceptance of Deposits Deposit Receipt

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Question

Arrange in proper order

  1. Renewal of Deposit
  2. Acceptance of Deposits
  3. Deposit Receipt
Short/Brief Note
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Solution

  1. Acceptance of Deposit
  2. Deposit Receipt
  3. Renewal of 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 J) 1. | Page 125

RELATED QUESTIONS

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
c) Deposit Receipt 3) Debtors
  4) Creditors
  5) Evidence of deposit
  6) Fluctuating

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Return on investment on deposit.


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Return of deposits on maturity date.


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Fixed Deposit holder is creditor of the company.


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Depositors are owners of the company.


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Deposits are the internal source of financing.


Arrange in proper order

  1. Payment of Interest
  2. Deposit Receipt
  3. Acceptance of Deposits

Explain the following term/concept.

Deposit Receipt


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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.


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