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Write a word or a term or a phrase which can substitute the following statement.Maximum tenure of a deposit - Secretarial Practice

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Question

Write a word or a term or a phrase which can substitute the following statement.
Maximum tenure of a deposit

One Word/Term Answer
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Solution

36 month

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

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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.
Time within which company has to issue deposit Receipt


State whether the following statement is true or false.

Deposit Receipt is issued within 21 days of receipt of deposits.


State whether the following statement is true or false.
Company appoints Credit Rating Agency to protect the interest of depositors.


Select the correct option from the bracket.

Group 'A'

Group 'B'

a) Government Company

1) ___________________

b) ___________________

2) Deposits from members

c) 36 months

3) ___________________

d) ___________________

4) Charge on tangible assets

e) Return of deposit

5)   __________________

(File on or before 30th June, Private Company, Secured deposits, Deposits from public, Maximum tenure of 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.
Minimum tenure of deposit is 36 months.


Arrange in proper order.
a. Obtain Credit Rating.
b. Entries in Register of Deposits.
c. Issue Deposit Receipt.


Explain the following term/concept.
Eligible Public Company


Explain the following term/concept.
Tenure of Deposit


Explain the following term/concept.

Secured Deposit


Explain the following term/concept.
Deposit Trustee


Explain the following term/concept.
Charge on tangible assets


Explain the following term/concept.
Deposit Insurance


Explain the following term/concept.

Deposit Repayment Reserve Account.


Answer in brief.
State the provisions regarding appointment of Deposit Trustee.


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


Give one word or phrase for the following sentence:

Type of company that can accept deposits only from its members or directors.


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