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Question
Find the odd one
Options
Appointment of Deposit Trustee
Appointment of Registrar of companies
Appointment of Credit Rating Agency
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Solution
Appointment of Registrar of companies
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RELATED QUESTIONS
Answer in one sentence.
When does a company create charge on it’s tangible assets?
Return of deposit must be filed every year on or before ______.
Write a word or a term or a phrase which can substitute the following statement.
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.
Write a word or a term or a phrase which can substitute the following statement.
Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves.
Return of deposit must be filed every year on or before 31st March.
State whether the following statement is true or false.
Deposit can be accepted for a maximum of 36 months.
State whether the following statement is true or false.
Deposit Trust Deed is an agreement between company and Deposit Trustee
Find the odd one.
Complete the sentence:
Agency which gives ratings of the deposits of a company is called ______________.
Complete the sentence:
Account which is used only for repaying deposits is called ______.
Correct the underlined word and rewrite the following sentence.
Company issues advertisement to invite its members for subscribing to its deposits
Arrange in proper order.
a. Obtain Credit Rating.
b. Entries in Register of Deposits.
c. Issue Deposit Receipt.
Explain the following term/concept.
Deposit Trustee
Explain the following term/concept.
Charge on tangible assets
Explain the following term/concept.
Deposit Repayment Reserve Account.
Explain the following term/concept.
Credit Rating
Answer in brief.
State the provisions regarding appointment of Deposit Trustee.
State any four terms and conditions regarding acceptance of deposit.
