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Find the odd one. Appointment of Deposit Trustee, Appointment of Registrar of companies, Appointment of Credit Rating Agency

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Question

Find the odd one

Options

  • Appointment of Deposit Trustee

  • Appointment of Registrar of companies

  • Appointment of Credit Rating Agency

MCQ
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Solution

Appointment of Registrar of companies

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

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RELATED QUESTIONS

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.
Document issued by a company to invite its members to subscribe for its Deposits.


Write a word or a term or a phrase which can substitute the following statement.
Book which contains details of deposits accepted or renewed.


Government company can collect deposits from its members.


State whether the following statement is true or false.

A private company can collect deposits from public.


State whether the following statement is true or false.
Company appoints Credit Rating Agency to protect the interest of depositors.


Find the odd one.


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.)


Correct the underlined word and rewrite the following sentence.
Company issues advertisement to invite its members for subscribing to its deposits


Correct the underlined word and rewrite the following sentence.
Company appoints Credit Rating Agency to protect the interest of Depositors.


Correct the underlined word and rewrite the following sentence.
Charge on assets is created when company issues unsecured deposit.


Correct the underlined word and rewrite the following sentence.
Minimum tenure of deposit is 36 months.


Arrange in proper order.
a. Appoint Deposit Trustee.
b. Hold General Meeting.
c. Create charge on assets.


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


Explain the following term/concept.
Deposit Insurance


Explain the following term/concept.
Credit Rating


Justify the following statement
While issuing secured deposits, company has to appoint Deposit Trustee.


Answer the following question:
Explain the provisions related to circular or advertisement for inviting deposits.


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