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Question
Find the odd one.
Options
Private company
Non-Eligible public company
Government company
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Solution
Government company
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RELATED QUESTIONS
Answer in one sentence.
What is Deposit Repayment Reserve Account?
Select the correct answer from the options given below and rewrite the statement:
For premature repayment of deposit, company deducts __________ % of interest.
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.
Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves.
Write a word or a term or a phrase which can substitute the following statement.
Maximum tenure of a deposit
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.
Time within which company has to issue deposit Receipt
State whether the following statement is true or false.
Eligible public company can collect deposits from its members.
Find the odd one.
Complete the sentence:
Account which is used only for repaying deposits is called ______.
Explain the following term/concept.
Deposit Trustee
Explain the following term/concept.
Charge on tangible assets
Explain the following term/concept.
Deposit Insurance
Explain the following term/concept.
Deposit Repayment Reserve Account.
Answer in brief.
State the contents of circular or Advertisement for Deposit
State any four terms and conditions regarding acceptance of deposit.
Justify the following statement.
Companies have to create a charge on their tangible assets while issuing secured deposits.
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ | ||
| a) | Retained earnings | 1 | ______ |
| b) | ______ | 2 | Written communication |
| c) | 36 months | 3 | ______ |
| d) | ______ | 4 | Charge on assets |
| e) | Cash sales | 5 | ______ |
(Less working capital, Correspondence, Secured debentures, Internal source of finance, Maximum tenure of deposits.)
Arrange in Proper Order:
(a) Payment of Deposits
(b) Deposit Receipt
(c) Acceptance of Deposit
