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State whether the following statements are true or false. A Private Company can accept the deposits from the general public. - Secretarial Practice

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Question

State whether the following statements are true or false.

A Private Company can accept the deposits from the general public.

Options

  • True

  • False

MCQ
True or False
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Solution

A Private Company can accept the deposits from the general public- 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 - True or false

APPEARS IN

SCERT Maharashtra Secretarial Practice [English] 12 Standard HSC
Chapter 8 Correspondence with Depositors
True or false | Q 2

RELATED QUESTIONS

Depositors are ______ of a company.


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

Depositors provide ______ Capital to the company.


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.

______ 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 ______.


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.

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.


State whether the following statement is true or false.

Fixed Deposit holders are entitled to receive dividend.


Complete the sentence.

Deposit is a ______ term source of finance of the company.


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)


Answer in one sentence.

What is the return on deposit?


Correct the underlined word and rewrite the following sentence.

Depositors are owners of the company.


Correct the underlined word and rewrite the following sentence.

Deposit is a long term source of capital.


Arrange in proper order

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

Explain the following term/concept.

Interest on Deposit


Explain the following term/concept.

Deposit Receipt


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