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Chapters
2: Sources of Corporate Finance
3: Issue of Shares
4: Issue of Debentures
▶ 5: Deposits
6: Correspondence with Members
7: Correspondence with Debentureholders
8: Correspondence with Depositors
9: Depository System
10: Dividend and Interest
11: Financial Market
12: Stock Exchange
![SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC chapter 5 - Deposits - Shaalaa.com](/images/secretarial-practice-english-12-standard-hsc_6:5f2b1b2038084cf381bfa42c826a928c.jpg "SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC chapter 5 - Deposits")
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Solutions for Chapter 5: Deposits
Below listed, you can find solutions for Chapter 5 of Maharashtra State Board SCERT Maharashtra for Secretarial Practice [English] 12 Standard HSC.
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Select the correct answer from the options
Deposit can be accepted for a minimum of 6 months and maximum for ____________ months.
36
3
30
Company issues ____________ to invite its members to subscribe for its deposit scheme.
Advertisement
Circular
Newspaper
Return of deposit must be filed every year on or before ______.
30th June
31st March
30th April
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Write a word or a term or a phrase
Write a word or a term or a phrase which can substitute the following statement.
Company which can accept deposits from public up to 35% of its paid-up share capital and free reserves.
Write a word or a term or a phrase which can substitute the following statement.
Minimum tenure of a deposit.
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits True or false
State whether the following statement is true or false.
Eligible public company can collect deposits from its members.
True
False
Government company can collect deposits from its members.
True
False
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Odd one
Find the odd one.
Private company
Non-Eligible public company
Government company
Find the odd one.
Deposit Trustee
Deposit Trust Deed,
Special Resolution
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Complete the sentences
Complete the sentence:
Company cannot accept or renew deposits repayable on _____________.
Complete the sentence:
Account which is used only for repaying deposits is called ______.
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Select the correct option from the bracket
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ | ||
| a) | Retained earnings | 1 | ______ |
| b) | ______ | 2 | Written communication |
| c) | 36 months | 3 | ______ |
| d) | ______ | 4 | Charge on assets |
| e) | Cash sales | 5 | ______ |
(Less working capital, Correspondence, Secured debentures, Internal source of finance, Maximum tenure of deposits.)
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Answer in one sentence
Answer in one sentence.
Which companies can accept deposits from the public?
Answer in one sentence.
What is Deposit Trust Deed?
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Correct the underlined word/s and rewrite the following sentences
Correct the underlined word and rewrite the following sentence.
Company appoints Credit Rating Agency to protect the interest of Depositors.
Correct the underlined word and rewrite the following sentence.
Deposit Receipt is issued within seven days from date of receipt of deposits
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Explain the following terms/concepts
Explain the following term/concept.
Credit Rating
Explain the following term/concept.
Eligible Public Company
Explain the following term/concept.
Secured Deposit
Explain the following term/concept.
Deposit Receipt
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Study the following case/situation and express your opinion
Study the following case/situation and express your opinion.
| ABC 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?
Study the following case/situation and express your opinion.
Apple Company Ltd. is an eligible Public Company. It plans to raise secured deposits from the public. Please advise its Board on the following.
- Does the company need to get shareholders’ approval for accepting deposits?
- Does the company have to appoint a Debenture Trustee?
- Within what period should the company create a charge on its assets?
Study the following case/situation and express your opinion.
SUN Pvt. Ltd. company wants to raise funds through deposits.
- Can the company accept deposits from the public?
- Which document should the company issue to invite deposits?
- What is the maximum period for which they can accept deposits
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Answer in brief
State the amount of deposits that different types of companies can collect by way of deposits.
Answer in brief.
State the contents of circular or Advertisement for Deposit
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC 5 Deposits Justify the following statements
Justify the following statement
All companies cannot accept deposits from public.
Justify the following statement
There is a limit or restriction on the amount that a company can collect as Deposits.
Solutions for 5: Deposits
SCERT Maharashtra solutions for Secretarial Practice [English] 12 Standard HSC chapter 5 - Deposits
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Concepts covered in Secretarial Practice [English] 12 Standard HSC chapter 5 Deposits are Acceptance of Deposits, Terms and Conditions for Acceptance of Deposits, Procedure for Accepting Deposits from Public, Procedure for Accepting Deposit from Members.
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