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Question
Write a word or a term or a phrase which can substitute the following statement.
Maximum tenure of a deposit
Solution
36 month
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RELATED QUESTIONS
Answer in one sentence.
When does a company create charge on it’s tangible assets?
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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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Deposit can be accepted for a maximum of 36 months.
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For secured deposits, company has to create a charge on its tangible assets.
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Deposit Trust Deed is an agreement between company and Deposit Trustee
Find the odd one
Complete the sentence:
Agency which gives ratings of the deposits of a company is called ______________.
Complete the sentence:
Account which is used only for repaying deposits is called ______.
Correct the underlined word and rewrite the following sentence.
Charge on assets is created when company issues unsecured deposit.
Correct the underlined word and rewrite the following sentence.
Minimum tenure of deposit is 36 months.
Explain the following term/concept.
Secured Deposit
Explain the following term/concept.
Deposit Insurance
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.
Justify the following statement.
Companies have to create a charge on their tangible assets while issuing secured deposits.
Answer the following question:
Explain the provisions related to circular or advertisement for inviting deposits.
Give one word or phrase for the following sentence:
Type of company that can accept deposits only from its members or directors.
