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Question
Select the correct answer from the options given below and rewrite the statement.
Public Deposits are accepted to meet the requirement of ______ Capital.
Options
fixed
working
owned
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Solution
Public Deposits are accepted to meet the requirement of working Capital.
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The return or income for the investment of money on deposits is called ______.
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| Group ‘A’ | Group ‘B’ |
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| 4) Creditors | |
| 5) Evidence of deposit | |
| 6) Fluctuating |
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Instrument for payment of interest on deposit.
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Return of deposits on maturity date.
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Fixed Deposit holders are entitled to receive dividend.
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A Private Company cannot accept the deposits from the general public.
Complete the sentence.
Depositors are the ______ of the company.
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.
Correct the underlined word and rewrite the following sentence.
Depositors are entitled to receive dividend.
Arrange in proper order
- Renewal of Deposit
- Acceptance of Deposits
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Arrange in proper order
- Payment of Interest
- Deposit Receipt
- Acceptance of Deposits
Justify the following statement.
The Company Secretary should take certain precautions while corresponding with depositors.
