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Question
Select the correct answer from the options given below and rewrite the statement:
Deposit is a type of ______________________.
Options
Owned capital
Short term loan
Long term loan
Solution
Deposit is a type of Short term loan.
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RELATED QUESTIONS
When should a company file Return of Deposit?
Answer in one sentence.
What is Deposit Repayment Reserve Account?
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Minimum tenure of a deposit.
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Document issued by a company to invite its members to subscribe for its Deposits.
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Time within which company has to issue deposit Receipt
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Credit Rating
Answer in brief.
State the contents of circular or Advertisement for Deposit
State any four terms and conditions regarding acceptance of Deposit.
Justify the following statement.
Company has to fulfill certain provisions related to issue of circular or advertisement.
Study the following case/situation and express your opinion.
| CC Company Ltd. is an eligible Public Company as per the Companies Act, 2013 with reference to accepting Public Deposits. |
- Can the company accept deposits in joint names?
- Can the company accept deposits from its members?
- Can the company issue secure deposits?
