Accountancy Part AIssue and Redemption of Debentures

The debentures which are payable on the expiry of the specific period…

The debentures which are payable on the expiry of the specific period are:

Answer & explanation

Correct answer: option 2

The correct answer is Option (2) → Redeemable Debentures

NCERT (2026-27 edition):
From the Point of view of Tenure – “Redeemable Debentures: Redeemable debentures are those which are payable on the expiry of the specific period either in lump sum or in Instalments during the life time of the company.”