Perpetual Debentures are also known as :-
Answer & explanation
Correct answer: option 4
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.