HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Secretarial Practice

Justify the following statement:

A company has to create charge on its assets for issuing secured debentures.

Justify the following statement:

Debenture trustees are appointed by a company issuing debentures.

Answer in one sentence.
Who are Deposit Trustees?

Answer in one sentence.
What is Deposit Trust Deed?

Answer in one sentence.

What is Register of Deposit?

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

It is an acknowledgement of loan issued by company to depositor.

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

Money raised by company from public for minimum 6 months to maximum 36 months.

Answer in brief.

What is public deposit?

Justify the following statement.

Public deposit is good source of short term financing.

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.

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

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

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

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

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

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

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

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.

Explain the following term/concept.
Deposit Receipt

Explain the following term/concept.
Return of Deposit