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Write a word or a term or a phrase which can substitute the following statement.Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves. - Secretarial Practice

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One Word Answer

Write a word or a term or a phrase which can substitute the following statement.
Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves.

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Solution

Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves. - Government Company

Concept: Terms and Conditions for Acceptance of Deposits
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 5 Deposits
Exercises | Q 1. C) 2. | Page 89
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