Select the correct answer from the options given below and rewrite the statement:For premature repayment of deposit, company deducts __________ % of interest. - Secretarial Practice

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MCQ
Fill in the Blanks

Select the correct answer from the options given below and rewrite the statement:
For premature repayment of deposit, company deducts __________ % of interest.

Options

  • 1

  • 18

  • 20

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Solution

For premature repayment of deposit, company deducts 1 % of interest.

Concept: Terms and Conditions for Acceptance of Deposits
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Chapter 5: Deposits - Exercises [Page 89]

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Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 5 Deposits
Exercises | Q 1. A) 11. | Page 89
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