Advertisements
Advertisements
Question
Select the proper option from the option given below and rewrite the sentences:
Company can accept deposits from public, maximum for _____ months.
Options
1) 12
2) 24
3) 36
Advertisements
Solution
3) 36
APPEARS IN
RELATED QUESTIONS
Draft a Letter to the depositor informing him/her about payment of interest.
Write a word, term, or phrase that can substitute for
the following statement:
The authority which has power to accept deposits.
State, with reasons, whether the following statements are True
or False (Any THREE) :
A company can accept deposits repayable on demand.
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.
What are the provision and rules of companies Act1956 with respect to Acceptance of Public Deposits?
OR
What are the provision and rules of companies Act1956 with respect to the Invitation of Public deposits?
Multiple Choice Question:
Public deposits are deposits that are raised directly from
State the merits and demerits of public deposits and retained earnings as methods of business finance.
What are public deposits?
Discuss the importance of public deposits as sources of medium and short-term finance.
Public deposits are a source of long-term finance.
Describe the disadvantages of public deposits.
