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Question
When should a company file Return of Deposit?
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Solution
Company should file Return of Deposits on or before 30th June, every year.
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RELATED QUESTIONS
Answer in one sentence.
What is Deposit Repayment Reserve Account?
Select the correct answer from the options given below and rewrite the statement:
Deposit is a type of ______________________.
Select the correct answer from the options given below and rewrite the statement:
For premature repayment of deposit, company deducts __________ % of interest.
Return of deposit must be filed every year on or before ______.
Write a word or a term or a phrase which can substitute the following statement.
Agreement between company and Deposit Trustee.
State whether the following statement is true or false.
Eligible public company can collect deposits from its members.
State whether the following statement is true or false.
Deposit Trust Deed is an agreement between company and Deposit Trustee
Complete the sentence:
Agency which gives ratings of the deposits of a company is called ______________.
Correct the underlined word and rewrite the following sentence.
Minimum tenure of deposit is 36 months.
Arrange in proper order.
a. Appoint Deposit Trustee.
b. Hold General Meeting.
c. Create charge on assets.
Arrange in proper order.
a. Obtain Credit Rating.
b. Entries in Register of Deposits.
c. Issue Deposit Receipt.
Explain the following term/concept.
Tenure of Deposit
Explain the following term/concept.
Charge on tangible assets
Explain the following term/concept.
Deposit Insurance
Answer in brief.
State the provisions regarding appointment of Deposit Trustee.
Answer the following question:
Explain the provisions related to circular or advertisement for inviting deposits.
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ | ||
| a) | Retained earnings | 1 | ______ |
| b) | ______ | 2 | Written communication |
| c) | 36 months | 3 | ______ |
| d) | ______ | 4 | Charge on assets |
| e) | Cash sales | 5 | ______ |
(Less working capital, Correspondence, Secured debentures, Internal source of finance, Maximum tenure of deposits.)
Arrange in Proper Order:
(a) Payment of Deposits
(b) Deposit Receipt
(c) Acceptance of Deposit
