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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
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Solution
A Private Company can accept the deposits from the general public- False
RELATED QUESTIONS
Depositors are ______ of a company.
Select the correct answer from the options given below and rewrite the statement.
A company cannot accept deposit for less than ______ months.
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.
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.
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.
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?
Arrange in proper order
- Renewal of Deposit
- Acceptance of Deposits
- Deposit Receipt
Explain the following term/concept.
Interest on 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.
