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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
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Solution
This statement is True.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Depositors provide ______ Capital to the company.
Select the correct answer from the options given below and rewrite the statement.
Deposits are ______ loans of the company.
Select the correct answer from the options given below and rewrite the statement.
Public Deposits are accepted to meet the requirement of ______ Capital.
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.
Return of deposits on maturity date.
State whether the following statement is true or false.
Fixed Deposit holders are entitled to receive dividend.
Complete the sentence.
Depositors are the ______ of the company.
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.
Answer in one sentence.
Who is depositor?
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.
Correct the underlined word and rewrite the following sentence.
Deposit is a long term source of capital.
Explain the following term/concept.
Depositor
Explain the following term/concept.
Deposit
Explain the following term/concept.
Interest on Deposit
Explain the following term/concept.
Deposit Receipt
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.
