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Complete the sentence:Account which is used only for repaying deposits is called _________________. - Secretarial Practice

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Question

Select the correct option from the bracket.

Group 'A'

Group 'B'

a) Government Company

1) ___________________

b) ___________________

2) Deposits from members

c) 36 months

3) ___________________

d) ___________________

4) Charge on tangible assets

e) Return of deposit

5)   __________________

(File on or before 30th June, Private Company, Secured deposits, Deposits from public, Maximum tenure of deposits.)

Match the Columns
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Solution


Group 'A'

Group 'B'

a) Government Company

1) Deposit from public

b) Private Company

2) Deposits from members

c) 36 months

3) Maximum tenure of Deposit

d) Secured Deposit

4) Charge on tangible assets

e) Return of deposit

5) File on or before 30th June

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Terms and Conditions for Acceptance of Deposits
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Chapter 5: Deposits - Exercises [Page 90]

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Complete the sentence:
Account which is used only for repaying deposits is called ______.


Explain the following term/concept.
Eligible Public Company


Explain the following term/concept.
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Explain the following term/concept.
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Answer in brief.
State the contents of circular or Advertisement for Deposit


State any four terms and conditions regarding acceptance of deposit.


Find the odd one.


Give one word or phrase for the following sentence:

Type of company that can accept deposits only from its members or directors.


Arrange in Proper Order:

(a) Payment of Deposits

(b) Deposit Receipt

(c) Acceptance of Deposit


Study the following case/situation and express your opinion.

CC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits.
  1. Can the company accept deposits in joint names?
  2. Can the company accept deposits from its members?
  3. Can the company issue secure deposits?

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