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Question
Correct the underlined word and rewrite the following sentence.
Depositors are owners of the company.
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Solution
Depositors are creditors of the company.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Depositors provide ______ Capital to the company.
A Company cannot accept deposit for more than ______ months.
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Rate of interest on deposits is ______.
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The return or income for the investment of money on deposits is called ______.
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Instrument for payment of interest on deposit.
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An acknowledgement of the fixed deposit accepted by a company.
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Maximum period of deposits.
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Fixed Deposit holder is creditor of the company.
State whether the following statement is true or false.
A Private Company cannot accept the deposits from the general public.
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ |
| a) Depositor | 1) ____________ |
| 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)
Answer in one sentence.
Who is depositor?
Answer in one sentence.
What is the return on deposit?
Correct the underlined word and rewrite the following sentence.
Depositors are entitled to receive dividend.
Arrange in proper order
- Payment of Interest
- Deposit Receipt
- Acceptance of Deposits
Explain the following term/concept.
Deposit
Answer in brief.
What precautions are to be borne in mind by the Secretary, while corresponding with Depositors.
State whether the following statements are true or false.
A Private Company can accept the deposits from the general public.
