Advertisements
Advertisements
Question
Write a word or a term or a phrase which can substitute the following statement.
A company which can accept deposits from its members, directors, or their relatives not exceeding 100% of aggregate of paid up share capital and free reserves.
Advertisements
Solution
Private Company
APPEARS IN
RELATED QUESTIONS
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.
Write a word or a term or a phrase which can substitute the following statement.
Maximum tenure of a deposit
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.
Return of deposit must be filed every year on or before 31st March.
State whether the following statement is true or false.
Eligible public company can collect deposits from its members.
Government company can collect deposits from its members.
State whether the following statement is true or false.
Deposit can be accepted for a maximum of 36 months.
State whether the following statement is true or false.
Deposit Trust Deed is an agreement between company and Deposit Trustee
Complete the sentence:
Account which is used only for repaying deposits is called ______.
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.
Correct the underlined word and rewrite the following sentence.
Minimum tenure of deposit is 36 months.
Explain the following term/concept.
Secured Deposit
Explain the following term/concept.
Charge on tangible assets
Explain the following term/concept.
Deposit Insurance
Justify the following statement.
Company has to fulfill certain provisions related to issue of circular or advertisement.
Justify the following statement
While issuing secured deposits, company has to appoint Deposit Trustee.
