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Home Questions 8WM27VH9GR
Target Exam

CUET

Subject

Accountancy

Chapter

Issue and Redemption of Debentures

Question:
The company does not keep any record of the.................debentures.
Options:
Specific Coupon Rate Debentures
Registered Debentures
Bearer Debentures
Zero Coupon Rate Debentures
Correct Answer:
Bearer Debentures
Explanation:
Bearer debentures are the debentures which can be transferred by way of delivery and the company does not keep any record of the debentures Interest on debentures is paid to a person who produces the interest coupon attached to such debentures.

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