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State whether the following statement is true or false. Deposits are invited by the company without issuing statutory advertisement. - Secretarial Practice

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Question

State whether the following statement is true or false.

Deposits are invited by the company without issuing statutory advertisement.

Options

  • True

  • False

MCQ
True or False
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Solution

This statement is False.

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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) 3. | Page 124

RELATED QUESTIONS

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 ______.


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The return or income for the investment of money on deposits is called ______.


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Return on investment on deposit.


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Instrument for payment of interest 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.


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Return of deposits on maturity date.


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

Maximum period of deposits.


State whether the following statement is true or false.

Fixed Deposit holder is creditor of the company.


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.

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)


Arrange in proper order

  1. Payment of Interest
  2. Deposit Receipt
  3. Acceptance of Deposits

Explain the following term/concept.

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.


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