Advertisements
Advertisements
प्रश्न
A public deposit is a deposit made by public in the nationalised banks.
पर्याय
True
False
उत्तर
This statement is False.
Explanation:
Public deposits are a source of financing for companies, where the general public is invited to deposit their money directly with the company for a fixed period and at a predetermined interest rate. This is different from bank deposits.
APPEARS IN
संबंधित प्रश्न
Write a word or terrn or phrase which can substitute each of
the following statements:
The authority which has power to accept deposits.
State, with reasons, whether the following statements are True
or False (Any THREE) :
A company can accept deposits repayable on demand.
Select the proper option from the option given below and rewrite the sentences:
Company can accept deposits from public, maximum for _____ months.
State, with reason, whether the following statement is True or False.
A public company can receive deposits from the public to any extent.
What are the provision and rules of companies Act1956 with respect to Acceptance of Public Deposits?
OR
Explain the features/ Advantages of deposits or Public Deposits.
With reference to business finance, explain the following: Public Deposits
State the merits and demerits of public deposits and retained earnings as methods of business finance.
What are public deposits?
Describe the disadvantages of public deposits.
