explain three features of public deposits as a source of business finance
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The following are the features of public deposit:
The following are the features of public deposit:Total public deposits cannot exceed 25 per cent of the paid up capital and free reserves of the company. ADVERTISEMENTS: 2. It is an uncertain source of financing.
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The following are the features of the public deposit:
1. Total public deposit cannot exceed "25" percent of the paid up capital and free reserves of the company. ADVERTISEMENTS: 2. It is an uncertain source of financing.
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