Match List-I with List-II List-I List-II (A) Redeemable Debentures (I…

The correct answer is Option (1) → (A)-(II), (B)-(III), (C)-(I), (D)-(IV)

Debentures are classified by repayment (redeemable, irredeemable), by conversion (convertible, non-convertible) and by security (secured, unsecured).

(A) Redeemable Debentures — this matches (II) Which are payable on the expiry of the specific period either in lump sum or in installments during the life time of the company. They are repaid on a fixed date, at par or at a premium.

(B) Convertible Debentures — this matches (III) Which are convertible into equity shares or in any other security either at the option of the company or the debenture holders. They may be fully or partly convertible.

(C) Irredeemable Debentures — this matches (I) The company does not give any undertaking for the repayment of money borrowed by issuing such debentures. They are also called perpetual debentures and are repaid only on winding up or after a long period.

(D) Unsecured Debentures — this matches (IV) These do not have a specific charge on the assets of the company. The holder is an ordinary creditor.