Get Started
Start Free Mocks
CUETMOCK

Ace Your

CUET Preparation Today

Start Free Mocks
Home Questions 7W8W8R6RF6
Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Issue and Redemption of Debentures

Question:

Perpetual Debentures are also known as :-

Options:

Non-Convertible Debentures

Unsecured Debentures

Registered Debentures

Irredeemable Debentures

Correct Answer:

Irredeemable Debentures

Explanation:

The correct answer is Option (4) → Irredeemable Debentures

Irredeemable Debentures: Irredeemable debentures are also known as Perpetual Debentures because the company does not give any undertaking for the repayment of money borrowed by issuing such debentures. These debentures are repayable on the winding-up of a company or on the expiry of a long period.

CUET Questions