Arrange in proper order.a. Obtain Credit Rating. b. Entries in Register of Deposits. c. Issue Deposit Receipt. - Secretarial Practice

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Short Note

Arrange in proper order.
a. Obtain Credit Rating.
b. Entries in Register of Deposits.
c. Issue Deposit Receipt.

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Solution

(a) Obtain Credit Rating.
(c) Issue Deposit Receipt.
(b) Entries in Register of Deposits.

Concept: Terms and Conditions for Acceptance of Deposits
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Chapter 5: Deposits - Exercises [Page 91]

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Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 5 Deposits
Exercises | Q 1. J) 3. | Page 91

RELATED QUESTIONS

Answer in one sentence.
When does a company create charge on it’s tangible assets?


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Deposit is a type of ______________________.


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A company which can accept deposits from its members, directors, or their relatives not exceeding 100% of aggregate of paid up share capital and free reserves.


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Minimum tenure of a deposit.


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A private company can collect deposits from public.


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For secured deposits, company has to create a charge on its tangible assets.


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Deposit Receipt is issued within 21 days of receipt of deposits.


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Company appoints Credit Rating Agency to protect the interest of depositors.


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Deposit Trust Deed is an agreement between company and Deposit Trustee


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Company issues advertisement to invite its members for subscribing to its deposits


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Company appoints Credit Rating Agency to protect the interest of Depositors.


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Company has to fulfill certain provisions related to issue of circular or advertisement.


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While issuing secured deposits, company has to appoint Deposit Trustee.


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