1) Which of the following statements pertain to public deposits?
a) it is easy for the new companies to raise funds through public deposits
b) Public deposits create a charge on assets of the company
c) The depositors have voting rights
d) None of the above
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d) None of the above is the answer.
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None of the above
The deposits that are raised by associations straightforwardly from general society are known as public deposits. There is a higher danger out in the open stores. Public deposits take into account both present moment and medium-term finance necessities. The expense and acquisition of public deposits are less expensive and simpler, separately than different types of wellsprings of money. A bad mark is that news organizations will not ready to involve this as a wellspring of money. Besides, it is an inconsistent wellspring of money also.
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