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

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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]

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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.

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.


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.

An acknowledgement of the fixed deposit accepted by a company.


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.

Deposits are invited by the company without issuing statutory advertisement.


Complete the sentence.

Depositors are the ______ of the company.


Answer in one sentence.

Who is depositor?


Arrange in proper order

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

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.

Interest on Deposit


Answer in brief.

What precautions are to be borne in mind by the Secretary, 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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