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Quiz

The debentures which are payable on the expiry of a specified period either in lump-sum or in instalments during the life time of the company are known as:

Rohit Sharma March 31, 2023

These are the options for the Question: The debentures which are payable on the expiry of a specified period either in lump-sum or in instalments during the life time of the company are known as:

(A) Secured debentures (B) Specific coupon rate debentures (C) Redeemable debentures (D) Convertible debentures

    The correct option is: The answer is (C) Redeemable debentures. Redeemable debentures are those debentures that are issued for a specified period and are repayable on the expiry of that period. They can be paid either in lump sum or in instalments during the life time of the company.