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Write a word or a term or a phrase which can substitute the following statement. Agreement between company and Deposit Trustee. - Secretarial Practice

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Question

Write a word or a term or a phrase which can substitute the following statement.

Agreement between company and Deposit Trustee.

One Word/Term Answer
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Solution

Deposit Trust Deed

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Terms and Conditions for Acceptance of Deposits
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Chapter 5: Deposits - Exercises [Page 89]

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:
For premature repayment of deposit, company deducts __________ % of interest.


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Minimum tenure of a deposit.


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Maximum tenure of a deposit


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Period within which a company has to create a charge on its tangible assets


Write a word or a term or a phrase which can substitute the following statement.
Document issued by a company to invite its members to subscribe for its Deposits.


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Time within which company has to issue deposit Receipt


Write a word or a term or a phrase which can substitute the following statement.
Book which contains details of deposits accepted or renewed.


State whether the following statement is true or false.

Eligible public company can collect deposits from public not exceeding 35% of its paidup share capital and free reserves.


Find the odd one.


Complete the sentence:
Account which is used only for repaying deposits is called ______.


Correct the underlined word and rewrite the following sentence.
Company issues advertisement to invite its members for subscribing to its deposits


Correct the underlined word and rewrite the following sentence.
Company appoints Credit Rating Agency to protect the interest of Depositors.


Correct the underlined word and rewrite the following sentence.
Charge on assets is created when company issues unsecured deposit.


Explain the following term/concept.
Eligible Public Company


Explain the following term/concept.
Tenure of Deposit


Justify the following statement
While issuing secured deposits, company has to appoint Deposit Trustee.


Justify the following statement.

Companies have to create a charge on their tangible assets while issuing secured deposits.


Answer the following question:
Explain the provisions related to circular or advertisement for inviting deposits.


Arrange in Proper Order:

(a) Payment of Deposits

(b) Deposit Receipt

(c) Acceptance of Deposit


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