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HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions

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Answer in brief.

What is public deposit?

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Justify the following statement.

Public deposit is good source of short term financing.

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

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Select the correct answer from the options given below and rewrite the statement:
Company can issue circular or advertisement for inviting deposits after _________ days of filing it with Registrar of Companies.

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Select the correct answer from the options given below and rewrite the statement:
Charge on assets is to be created when a company issues ______________.

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Write a word or a term or a phrase which can substitute the following statement.
Account that can be used only for repaying deposits

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Complete the sentence:
Deposit is a type of  _____________ term loan.

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Complete the sentence:
Eligible Public company and Govt. Company can accept deposits from ______________.

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Complete the sentence:
To collect deposits from public, Eligible public company must have a net worth of not less than ___________

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Complete the sentence:
Premature repayment of deposits can be done by a company but not before _____________.

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Correct the underlined word and rewrite the following sentence.
Deposit Receipt is issued within seven days from date of receipt of deposits

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Correct the underlined word and rewrite the following sentence.
Register of deposits is to be filed with the Registrar of companies on or before 30th June every year.

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Explain the following term/concept.
Deposit Receipt

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Explain the following term/concept.
Return of Deposit

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Justify the following statement:

All companies cannot accept deposits from the public.

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

Justify the following statement.

The company issuing the deposit must open Deposit Repayment Reserve Account.

[2] Sources of Corporate Finance
Chapter: [2] Sources of Corporate Finance
Concept: undefined >> undefined

______ is a return paid to creditors by the company.

[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

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

The return paid to the creditors by the company.

[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

State whether the following statement is true or false.

Interest is a liability for company.

[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

State whether the following statement is true or false.

Interest is paid to shareholders of company.

[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined

Find the odd one.

[10] Dividend and Interest
Chapter: [10] Dividend and Interest
Concept: undefined >> undefined
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