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Question
State whether the following statement is true or false.
Deposit can be accepted for a maximum of 36 months.
Options
True
False
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Solution
True
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RELATED QUESTIONS
When should a company file Return of Deposit?
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| Group 'A' |
Group 'B' |
|
a) Government Company |
1) ___________________ |
|
b) ___________________ |
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|
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3) ___________________ |
|
d) ___________________ |
4) Charge on tangible assets |
|
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5) __________________ |
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a. Obtain Credit Rating.
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Secured Deposit
Explain the following term/concept.
Deposit Trustee
Explain the following term/concept.
Deposit Repayment Reserve Account.
Answer in brief.
State the provisions regarding appointment of Deposit Trustee.
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