English

Select the correct answer from the options given below and rewrite the statement. ______ has the power to invite deposits from the Public. - Secretarial Practice

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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

MCQ
Fill in the Blanks
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Solution

The Board of Directors has the power to invite deposits from the Public.

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Precautions to Be Taken by the Secretary While Corresponding with Depositors
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Chapter 8: Correspondence with Depositors - Exercises [Page 123]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 8 Correspondence with Depositors
Exercises | Q 1 A) 7. | Page 123

RELATED QUESTIONS

Depositors are ______ of a company.


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.

Public Deposits are accepted to meet the requirement of ______ Capital.


Write a word or a term or a phrase which can substitute the following statement.

An acknowledgement of the fixed deposit accepted by a company.


State whether the following statement is true or false.

Fixed Deposit holders are entitled to receive dividend.


Complete the sentence.

The ______ must be cautious and careful while writing letters to the depositors.


Complete the sentence.

Deposit is a ______ term source of finance of the company.


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Depositor 1) ____________
b) Return on Deposits 2) ____________
c) ______________ 3) Maximum Period of Deposits
d) Minimum Period of Deposits 4) ____________

(Interest, Creditor of the company, 36 months, 6 months)


Answer in one sentence.

Who is depositor?


Correct the underlined word and rewrite the following sentence.

Depositors are owners of the company.


Correct the underlined word and rewrite the following sentence.

Deposit is a long term source of capital.


Arrange in proper order

  1. Renewal of Deposit
  2. Acceptance of Deposits
  3. Deposit Receipt

Arrange in proper order

  1. Payment of Interest
  2. Deposit Receipt
  3. Acceptance of Deposits

Explain the following term/concept.

Interest on Deposit


Justify the following statement.

The Company Secretary should take certain precautions while corresponding with depositors.


State whether the following statements are true or false.

A Private Company can accept the deposits from the general public.


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