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Question
Public deposits are deposits made by the public in nationalised banks.
Options
True
False
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Solution
This statement is False.
Explanation:
Due to unsecured deposits made by the public in enterprises rather than nationalised institutions.
RELATED QUESTIONS
Write a word, term, or phrase that can substitute for
the following statement:
The authority which has power to accept deposits.
Select the proper option from the option given below and rewrite the sentences:
Company can accept deposits from public, maximum for _____ months.
Write notes on (Any Three)
Repayment of Deposits.
State, with reason, whether the following statement is True or False.
A public company can receive deposits from the public to any extent.
Draft a letter to a depositor informing him about payment of interest.
Explain the features/ Advantages of deposits or Public Deposits.
Multiple Choice Question:
Public deposits are deposits that are raised directly from
What are public deposits?
Discuss the importance of public deposits as sources of medium and short-term finance.
Describe the disadvantages of public deposits.
