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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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RELATED QUESTIONS
Depositors are ______ of a company.
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A company cannot accept deposit for less than ______ months.
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Deposits are ______ loans of the company.
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Rate of interest on deposits is ______.
Match the pairs.
| Group ‘A’ | Group ‘B’ |
| a) Depositors | 1) Fixed |
| b) Rate of Interest on Deposits | 2) Evidence of ownership |
| c) Deposit Receipt | 3) Debtors |
| 4) Creditors | |
| 5) Evidence of deposit | |
| 6) Fluctuating |
Write a word or a term or a phrase which can substitute the following statement.
Instrument for payment of interest on deposit.
State whether the following statement is true or false.
Deposits are invited by the company without issuing statutory advertisement.
Answer in one sentence.
Who is depositor?
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
Arrange in proper order
- Payment of Interest
- Deposit Receipt
- Acceptance of Deposits
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.
