Home › Bihar Board Class 12 (Commerce) › Business Studies › Sources of Business Finance › A company acknowledges a public deposit by issui…
A company acknowledges a public deposit by issuing what?
AShare certificate
BDebenture deed
CBank guarantee
DDeposit receipt
Answer & Solution
Correct answer: D. Deposit receipt
A deposit receipt is the acknowledgment of the debt to the depositor.
Related questions
Which is true of the choice of a source of funds?Short-term financing mostly funds which kind of asset?Besides finance, development institutions also provide what?Financial institutions mainly meet which type of requirements?Government financial institutions are also called what?Before sanctioning a loan, a commercial bank requires the borrower to do what?A bank loan does not need which formality?A merit of bank loans is that business secrecy is what?