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प्रश्न
Public deposits are a source of long-term finance.
विकल्प
True
False
उत्तर
This statement is False.
Explanation:
Public deposits are generally a source of short-term or medium-term finance. Companies use them to raise funds from the public for a fixed period, usually up to 3 years, making them unsuitable for long-term financing.
APPEARS IN
संबंधित प्रश्न
Draft a Letter to the depositor informing him/her about payment of interest.
Write a word or terrn or phrase which can substitute each of
the following statements:
The authority which has power to accept deposits.
Select the proper option from the option given below and rewrite the sentences:
Company can accept deposits from public, maximum for _____ months.
Write notes on (Any Three)
Repayment of Deposits.
State, with reason, whether the following statement is True or False.
A public company can receive deposits from the public to any extent.
Draft a letter to a depositor informing him about payment of interest.
What are the provision and rules of companies Act1956 with respect to the Invitation of Public deposits?
State the merits and demerits of public deposits and retained earnings as methods of business finance.
What are public deposits?
Discuss the importance of public deposits as sources of medium and short-term finance.
