Maharashtra State BoardHSC Commerce 12th Board Exam
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Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board chapter 8 - Correspondence with Depositors [Latest edition]

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Secretarial Practice 12th Standard HSC Maharashtra State Board - Shaalaa.com

Chapter 8: Correspondence with Depositors

Exercise
Exercise [Pages 123 - 126]

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board Chapter 8 Correspondence with Depositors Exercise [Pages 123 - 126]

Exercise | Q 1 A) 1. | Page 123

Select the correct answer from the options given below and rewrite the statement.

Depositors are ______ of a company.

  • Members

  • Creditors

  • Debtors

Exercise | Q 1 A) 2. | Page 123

Select the correct answer from the options given below and rewrite the statement.

Depositors provide ______ Capital to the company.

  • Short Term

  • Long Term

  • Medium term

Exercise | Q 1 A) 3. | Page 123

Select the correct answer from the options given below and rewrite the statement.

A Company cannot accept deposit for more than ______ months.

  • 24

  • 36

  • 45

Exercise | Q 1 A) 4. | Page 123

Select the correct answer from the options given below and rewrite the statement.

A company cannot accept deposit for less than ______ months.

  • 6

  • 3

  • 5

Exercise | Q 1 A) 5. | Page 123

Select the correct answer from the options given below and rewrite the statement.

Deposits are ______ loans of the company.

  • fixed

  • short term

  • long term

Exercise | Q 1 A) 6. | Page 123

Select the correct answer from the options given below and rewrite the statement.

Public Deposits are accepted to meet the requirement of ______ Capital.

  • fixed

  • working

  • owned

Exercise | Q 1 A) 7. | Page 123

Select the correct answer from the options given below and rewrite the statement.

______ has the power to invite deposits from Public.

  • Shareholders

  • Auditors

  • Board of Directors

Exercise | Q 1 A) 8. | Page 123

Select the correct answer from the options given below and rewrite the statement.

Rate of interest on deposits is ______.

  • fixed

  • fluctuating

  • moderate

Exercise | Q 1 A) 9. | Page 123

Select the correct answer from the options given below and rewrite the statement.

The return or income for the investment of money on deposits is called ______.

  • Dividend

  • Interest

  • Discount

Exercise | Q 1 B) | Page 124

Match the pairs.

Group ‘A’ Group ‘B’
a) Depositors 1) Fixed
b) Rate of Interest on Deposits 2) Evidence of ownership
c) Deposit Receipt 3) Debtors
  4) Creditors
  5) Evidence of deposit
  6) Fluctuating
Exercise | Q 1 C) 1. | Page 124

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

Return on investment on deposit.

Exercise | Q 1 C) 2. | Page 124

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

Instrument for payment of interest on deposit.

Exercise | Q 1 C) 3. | Page 124

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

An acknowledgement of the fixed deposit accepted by a company.

Exercise | Q 1 C) 4. | Page 124

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

Return of deposits on maturity date.

Exercise | Q 1 C) 5. | Page 124

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

Maximum period of deposits.

Exercise | Q 1 D) 1. | Page 124

State whether the following statement is true or false.

Fixed deposit is a short term source of finance for the company.

  • True

  • False

Exercise | Q 1 D) 2. | Page 124

State whether the following statement is true or false.

Fixed Deposit holder is creditor of the company.

  • True

  • False

Exercise | Q 1 D) 3. | Page 124

State whether the following statement is true or false.

Deposits are invited by the company without issuing statutory advertisement.

  • True

  • False

Exercise | Q 1 D) 4. | Page 124

State whether the following statement is true or false.

Fixed Deposit holders are entitled to receive dividend.

  • True

  • False

Exercise | Q 1 D) 5. | Page 124

State whether the following statement is true or false.

A Private Company cannot accept the deposits from the general public.

  • True

  • False

Exercise | Q 1 D) 6. | Page 124

State whether the following statement is true or false.

Depositors are given voting rights.

  • True

  • False

Exercise | Q 1 E) 1. | Page 124

Find the odd one.

  • Dividend

  • Depositor

  • Deposit Receipt

Exercise | Q 1 E) 2. | Page 124

Find the odd one.

  • Trust Deed

  • Depository

  • Deposit Receipt

Exercise | Q 1 F) 1. | Page 124

Complete the sentence.

Depositors are the ______ of the company.

Exercise | Q 1 F) 2. | Page 124

Complete the sentence.

The ______ must be cautious and careful while writing letters to the depositors.

Exercise | Q 1 F) 3. | Page 124

Complete the sentence.

Deposit is a ______ term source of finance of the company.

Exercise | Q 1 F) 4. | Page 124

Complete the sentence.

A company can accept deposits for the minimum period of ______ months.

Exercise | Q 1 F) 5. | Page 124

Complete the sentence.

Depositors are entitled to receive ______ at fixed rate.

Exercise | Q 1 G) | Page 125

Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Depositor 1) ____________
b) Return on Deposits 2) ____________
c) ______________ 3) Maximum Period of Deposits
d) Minimum Period of Deposits 4) ____________

(Interest, Creditor of the company, 36 months, 6 months)

Exercise | Q 1 H) 1. | Page 125

Answer in one sentence.

Who is depositor?

Exercise | Q 1 H) 2. | Page 125

Answer in one sentence.

What is the return on deposit?

Exercise | Q 1 H) 3. | Page 125

Answer in one sentence.

What is Interest Warrant?

Exercise | Q 1 H) 4. | Page 125

Answer in one sentence.

What is renewal of deposit?

Exercise | Q 1 H) 5. | Page 125

Answer in one sentence.

Which document is enclosed along with the Renewal Letter?

Exercise | Q 1 H) 6. | Page 125

Answer in one sentence.

When will the company return the deposit?

Exercise | Q 1 H) 7. | Page 125

Answer in one sentence.

What is minimum and maximum period of deposit?

Exercise | Q 1 I) 1. | Page 125

Correct the underlined word and rewrite the following sentence.

Depositors are owners of the company.

Exercise | Q 1 I) 2. | Page 125

Correct the underlined word and rewrite the following sentence.

Deposits are the internal source of financing.

Exercise | Q 1 I) 3. | Page 125

Correct the underlined word and rewrite the following sentence.

Deposit is a long term source of capital.

Exercise | Q 1 I) 4. | Page 125

Correct the underlined word and rewrite the following sentence.

Depositors are entitled to receive dividend.

Exercise | Q 1 J) 1. | Page 125

Arrange in proper order

  1. Renewal of Deposit
  2. Acceptance of Deposits
  3. Deposit Receipt
Exercise | Q 1 J) 2. | Page 125

Arrange in proper order

  1. Payment of Interest
  2. Deposit Receipt
  3. Acceptance of Deposits
Exercise | Q 2.1 | Page 125

Explain the following term/concept.

Depositor

Exercise | Q 2.2 | Page 125

Explain the following term/concept.

Deposit

Exercise | Q 2.3 | Page 125

Explain the following term/concept.

Interest on Deposit

Exercise | Q 2.4 | Page 125

Explain the following term/concept.

Deposit Receipt

Exercise | Q 2.5 | Page 125

Explain the following term/concept.

Renewal of Deposit

Exercise | Q 2.6 | Page 125

Explain the following term/concept.

Repayment of Deposit

Exercise | Q 3.1 | Page 126

Answer in brief.

What precautions are to be borne in mind by the Secretary, while corresponding with Depositors.

Exercise | Q 3.2 | Page 126

Answer in brief.

What are the circumstances under which the Secretary makes correspondence with depositors?

Exercise | Q 4.1 | Page 126

Justify the following statement.

The Company Secretary should take certain precautions while corresponding with depositors.

Exercise | Q 4.2 | Page 126

Justify the following statement.

There are certain circumstances when a secretary has to correspond with Depositors.

Exercise | Q 5.1 | Page 126

Draft a letter of thanks to the depositor of a company.

Exercise | Q 5.2 | Page 126

Draft a letter of thanks to the depositor of a company.

Exercise | Q 5.3 | Page 126

Write a letter to depositor regarding renewal of his deposit.

Exercise | Q 5.4 | Page 126

Draft a letter to depositor regarding repayment of his deposit.

Exercise | Q 5.5 | Page 126

Draft a letter to depositor informing him about payment of interest electronically.

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Chapter 8: Correspondence with Depositors

Exercise
Secretarial Practice 12th Standard HSC Maharashtra State Board - Shaalaa.com

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board chapter 8 - Correspondence with Depositors

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board chapter 8 (Correspondence with Depositors) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the Maharashtra State Board Secretarial Practice 12th Standard HSC Maharashtra State Board solutions in a manner that help students grasp basic concepts better and faster.

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Concepts covered in Secretarial Practice 12th Standard HSC Maharashtra State Board chapter 8 Correspondence with Depositors are Precautions to Be Taken by the Secretary While Corresponding with Depositors, Circumstances Under Which a Secretary Has to Enter into Correspondence with Depositors, Correspondence with Depositors - Specimen Letters.

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