English

State whether the following statement is true or false. Fixed Deposit holder is creditor of the company.

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Question

State whether the following statement is true or false.

Fixed Deposit holder is creditor of the company.

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]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 8 Correspondence with Depositors
Exercises | Q 1 D) 2. | Page 124

RELATED QUESTIONS

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.

Public Deposits are accepted to meet the requirement of ______ Capital.


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

______ has the power to invite deposits from the Public.


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

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


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 on investment on deposit.


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.

Deposits are invited by the company without issuing statutory advertisement.


State whether the following statement is true or false.

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


Complete the sentence.

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


Complete the sentence.

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)


Correct the underlined word and rewrite the following sentence.

Depositors are owners of the company.


Correct the underlined word and rewrite the following sentence.

Deposits are the internal source of financing.


Arrange in proper order

  1. Renewal of Deposit
  2. Acceptance of Deposits
  3. Deposit Receipt

Explain the following term/concept.

Depositor


Explain the following term/concept.

Deposit


Explain the following term/concept.

Deposit Receipt


Answer in brief.

What precautions are to be borne in mind by the Secretary, while corresponding with Depositors.


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