* Secured deposits are those deposits against which a charge is created within 30 days of the issue. * A company can accept secured or unsecured deposits which should be clearly mentioned in the circular or advertisement inviting deposits.

Secured Deposit

Question

Secured Deposit

✓

Answer

Secured deposits are those deposits against which a charge is created within 30 days of the issue.
A company can accept secured or unsecured deposits which should be clearly mentioned in the circular or advertisement inviting deposits.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Explain the following term/concept in detail:" from Deposits→Deposits — all question types→Secretarial Practice STD 12 Commerce / Arts question papers→Maharashtra Board STD 12 Commerce / Arts question papers→Maharashtra Board question paper generator→

Deposits — Secretarial Practice STD 12 Commerce / Arts — Question

Answer

Need a full question paper?

Explore more

Similar questions