Maharashtra State BoardHSC Commerce 12th Board Exam
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Select the correct answer from the options given below and rewrite the statement:Eligible public company and Government Company can collect deposits from _____________. - Secretarial Practice

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MCQ
Fill in the Blanks

Select the correct answer from the options given below and rewrite the statement:
Private company can accept deposits from its member or Directors upto not more than ___________ % of its aggregate of paid-up share Capital and free reserves.

Options

  • 100

  • 35

  • 25

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Solution

Private company can accept deposits from its member or Directors upto not more than 100 % of its aggregate of paid-up share Capital and free reserves.

Concept: Procedure for Accepting Deposit from Members
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 5 Deposits
Exercises | Q 1. A) 3. | Page 88
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