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Correct the underlined word and rewrite the following sentence. Deposit is a long term source of capital. - Secretarial Practice

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Question

Correct the underlined word and rewrite the following sentence.

Deposit is a long term source of capital.

Correct and Rewrite

Solution

Deposit is a short term source of capital.

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Precautions to Be Taken by the Secretary While Corresponding with Depositors
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Chapter 8: Correspondence with Depositors - Exercises [Page 125]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 8 Correspondence with Depositors
Exercises | Q 1 I) 3. | Page 125

RELATED QUESTIONS

Depositors are ______ of a company.


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

A Company cannot accept deposit for more than ______ months.


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

A company cannot accept deposit for less than ______ months.


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

Deposits are ______ loans of the company.


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______ 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

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

Instrument for payment of interest on deposit.


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

Maximum period of deposits.


Complete the sentence.

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


Complete the sentence.

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


Complete the sentence.

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


Complete the sentence.

Depositors are entitled to receive ______ at fixed rate.


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)


Answer in one sentence.

Who is depositor?


Answer in one sentence.

What is Interest Warrant?


Correct the underlined word and rewrite the following sentence.

Depositors are owners of the company.


Explain the following term/concept.

Depositor


Explain the following term/concept.

Interest on Deposit


State whether the following statements are true or false.

A Private Company can accept the deposits from the general public.


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