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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
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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.
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.
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.
Rate of interest on deposits is ______.
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.
Complete the sentence.
Depositors are the ______ of the company.
Complete the sentence.
The ______ must be cautious and careful while writing letters to the depositors.
Complete the sentence.
Depositors are entitled to receive ______ at fixed rate.
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.
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
Answer in brief.
What precautions are to be borne in mind by the Secretary, while corresponding with Depositors.
