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State whether the following statements are true or false. A Private Company can accept the deposits from the general public. - Secretarial Practice

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Question

State whether the following statements are true or false.

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

Options

  • True

  • False

MCQ
True or False

Solution

A Private Company can accept the deposits from the general public- False

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Precautions to Be Taken by the Secretary While Corresponding with Depositors
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Chapter 8: Correspondence with Depositors - True or false

APPEARS IN

SCERT Maharashtra Secretarial Practice [English] 12 Standard HSC
Chapter 8 Correspondence with Depositors
True or false | Q 2

RELATED QUESTIONS

Depositors are ______ of a company.


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

Depositors provide ______ Capital to the company.


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.


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

Rate of interest on deposits is ______.


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.

Return on investment on deposit.


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.

An acknowledgement of the fixed deposit accepted by a company.


State whether the following statement is true or false.

A Private Company cannot accept the deposits from the general public.


Complete the sentence.

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


Answer in one sentence.

What is the return on deposit?


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.


Arrange in proper order

  1. Renewal of Deposit
  2. Acceptance of Deposits
  3. Deposit Receipt

Explain the following term/concept.

Deposit


Explain the following term/concept.

Interest on Deposit


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