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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
Depositors are ______ of a company.
A Company cannot accept deposit for more than ______ months.
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A company can accept deposits for the minimum period of ______ months.
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.
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.
Depositors are owners of the company.
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
