English

Select the correct answer from the options given below and rewrite the statement. Rate of interest on deposits is ______.

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Question

Select the correct answer from the options given below and rewrite the statement.

Rate of interest on deposits is ______.

Options

  • fixed

  • fluctuating

  • moderate

MCQ
Fill in the Blanks
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Solution

Rate of interest on deposits is fixed.

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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) 8. | Page 123

RELATED QUESTIONS

Select the correct answer from the options given below and rewrite the statement.

Deposits are ______ loans of the company.


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Depositors are entitled to receive ______ at fixed rate.


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.

What is the return on deposit?


Answer in one sentence.

What is Interest Warrant?


Correct the underlined word and rewrite the following sentence.

Deposits are the internal source of financing.


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Deposit is a long term source of capital.


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Explain the following term/concept.

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Answer in brief.

What precautions are to be borne in mind by the Secretary, while corresponding with Depositors.


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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