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Question
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)
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Solution
| Group ‘A’ | Group ‘B’ |
| a) Depositor | 1) Creditor of the company |
| b) Return on Deposits | 2) Interest |
| c) 36 months | 3) Maximum Period of Deposits |
| d) Minimum Period of Deposits | 4) 6 months |
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| Group ‘A’ | Group ‘B’ |
| a) Depositors | 1) Fixed |
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| 4) Creditors | |
| 5) Evidence of deposit | |
| 6) Fluctuating |
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Deposits are invited by the company without issuing statutory advertisement.
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A Private Company cannot accept the deposits from the general public.
Answer in one sentence.
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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.
Depositors are owners of the company.
Arrange in proper order
- Renewal of Deposit
- Acceptance of Deposits
- Deposit Receipt
Explain the following term/concept.
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A Private Company can accept the deposits from the general public.
