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Question
Answer in one sentence.
Who is depositor?
Solution
A depositor is a person who subscribes to the deposits of a company.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
______ has the power to invite deposits from the Public.
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 |
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Instrument for payment of interest on deposit.
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An acknowledgement of the fixed deposit accepted by a company.
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Maximum period of deposits.
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Fixed Deposit holders are entitled to receive dividend.
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The ______ must be cautious and careful while writing letters to the depositors.
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Depositors are entitled to receive ______ at fixed rate.
Answer in one sentence.
What is the return on deposit?
Correct the underlined word and rewrite the following sentence.
Depositors are owners of the company.
Correct the underlined word and rewrite the following sentence.
Deposits are the internal source of financing.
Correct the underlined word and rewrite the following sentence.
Deposit is a long term source of capital.
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- Payment of Interest
- Deposit Receipt
- Acceptance of Deposits
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Interest on Deposit
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The Company Secretary should take certain precautions while corresponding with depositors.
State whether the following statements are true or false.
A Private Company can accept the deposits from the general public.
