Public deposits - class-X
Description: public deposits | |
Number of Questions: 16 | |
Created by: Divya Kade | |
Tags: financing sources of business finance - 2 commerce sources of business finance business studies commercial studies sources of finance |
Public deposit obtained by a company means _______________.
State with reason whether the following statement is true or false:
The amount of deposit is a long term source of capital.
The merit(s) of public deposits is/are ______________________.
Limitation(s) of public deposit is/are _______.
Public deposits refer to the unsecured deposits invited by companies from the public mainly to finance working capital needs.
Renewal facility enables companies to use public deposits as medium-term finance.
Public deposits of a company cannot exceed _____ per cent of its share capital and free reserves.
Public deposits takes care of both _________ and _________-term financial requirements of a business.
Companies generally invite public deposits for a period upto ________ years.
Cost of public deposits is generally _______ than the cost of borrowings from banks and financial institutions.
The deposits that are raised by organisations directly from the public are known as __________.
Rates of interest offered on public deposits are usually _________ than that offered on bank deposits.
Collection of public deposits may prove difficult, particularly when the size of deposits required is _________.
Public investment in a company is generally in the form of_______________.