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Question
Government company may accept deposits from public up to _______ of aggregate of its paid up capital and free reserve.
Options
(a) 35%
(b) 30%
(c) 25%
Solution
(a) 35%
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RELATED QUESTIONS
A company must give receipt for deposit to the depositor within ............................. weeks of its acceptance.
- Two
- Four
- Eight
The maximum period upto which deposits can be accepted.
A private company can accept deposits from public.
Draft a letter to depositor for renewal of his deposit.
State, with reasons, whether the following statements are True or False. (Any Three)
Public deposit is good source for long term fanancing.
Select the correct answer from the possible choices given below and rewrite the statement :
A company can accept deposits from the existing shareholders and debenture holders upto __________ of the total paid-up capital and free reserves.
Explain the procedure involved in the invitation of deposits.
Explain the procedure relating to the acceptance of deposits.
Explain the procedure involved in the renewal of deposits?
