Advertisements
Advertisements
Question
Select the correct answer from the options given below and rewrite the statement.
______ has the power to invite deposits from the Public.
Options
Shareholders
Auditors
Board of Directors
Advertisements
Solution
The Board of Directors has the power to invite deposits from the Public.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Depositors provide ______ Capital to the company.
A Company cannot accept deposit for more than ______ months.
Select the correct answer from the options given below and rewrite the statement.
The return or income for the investment of money on deposits is called ______.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| a) Depositors | 1) Fixed |
| b) Rate of Interest on Deposits | 2) Evidence of ownership |
| c) Deposit Receipt | 3) Debtors |
| 4) Creditors | |
| 5) Evidence of deposit | |
| 6) Fluctuating |
Write a word or a term or a phrase which can substitute the following statement.
Instrument for payment of interest on deposit.
Write a word or a term or a phrase which can substitute the following statement.
Return of deposits on maturity date.
Write a word or a term or a phrase which can substitute the following statement.
Maximum period of deposits.
State whether the following statement is true or false.
A Private Company cannot accept the deposits from the general public.
Complete the sentence.
Deposit is a ______ term source of finance of the company.
Complete the sentence.
Depositors are entitled to receive ______ at fixed rate.
Answer in one sentence.
Who is depositor?
Answer in one sentence.
What is the return on deposit?
Answer in one sentence.
What is Interest Warrant?
Correct the underlined word and rewrite the following sentence.
Depositors are owners of the company.
Correct the underlined word and rewrite the following sentence.
Depositors are entitled to receive dividend.
Explain the following term/concept.
Depositor
Explain the following term/concept.
Interest on Deposit
Explain the following term/concept.
Deposit Receipt
