English

Select the correct answer from the options given below and rewrite the statement. The return or income for the investment of money on deposits is called ______.

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Question

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

The return or income for the investment of money on deposits is called ______.

Options

  • Dividend

  • Interest

  • Discount

MCQ
Fill in the Blanks
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Solution

The return or income for the investment of money on deposits is called Interest.

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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) 9. | Page 123

RELATED QUESTIONS

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

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


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Return on investment on deposit.


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Instrument for payment of interest on deposit.


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.


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Return of deposits on maturity date.


State whether the following statement is true or false.

Fixed Deposit holder is creditor of the company.


State whether the following statement is true or false.

Deposits are invited by the company without issuing statutory advertisement.


Complete the sentence.

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)


Correct the underlined word and rewrite the following sentence.

Depositors are owners of the company.


Correct the underlined word and rewrite the following sentence.

Deposits are the internal source of financing.


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.

Depositor


Explain the following term/concept.

Deposit


Explain the following term/concept.

Interest on Deposit


Justify the following statement.

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


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