English

State whether the following statement is true or false. A Private Company cannot accept the deposits from the general public.

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Question

State whether the following statement is true or false.

A Private Company cannot accept the deposits from the general public.

Options

  • True

  • False

MCQ
True or False
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Solution

This statement is True.

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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 124]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 8 Correspondence with Depositors
Exercises | Q 1 D) 5. | Page 124

RELATED QUESTIONS

Depositors are ______ of a company.


A Company cannot accept deposit for more than ______ months.


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

A company cannot accept deposit for less than ______ months.


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

Rate of interest on deposits is ______.


Write a word or a term or a phrase which can substitute the following statement.

Return on investment 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.


Complete the sentence.

The ______ must be cautious and careful while writing letters to the depositors.


Complete the sentence.

Deposit is a ______ term source of finance of the company.


Complete the sentence.

A company can accept deposits for the minimum period of ______ months.


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)


Answer in one sentence.

What is Interest Warrant?


Correct the underlined word and rewrite the following sentence.

Deposits are the internal source of financing.


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.

Interest on Deposit


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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