Get Started
Start Free Mocks
CUETMOCK

Ace Your

CUET Preparation Today

Start Free Mocks
Home Questions BQEKJQBY7U
Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Issue and Redemption of Debentures

Question:

Match List-I with List-II

List-I

List-II

(A) These debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.

(I) Bearer Debentures

(B) These debentures are those which are payable on the expiry of the specific period either in lump sum or in installments during the lifetime of the company.

(II) Zero Coupon Rate Debentures

(C) These debentures do not carry a specific rate of interest.

(III) Redeemable Debentures

(D) These 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 the debentures that is paid to a person who produces the interest coupon attached to such debentures.

(IV) Secured Debentures

Choose the correct answer from the options given below:

Options:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)-(IV), (B)-(III), (C)-(II), (D)-(I)

(A)-(I), (B)-(II), (C)-(IV), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(IV), (B)-(III), (C)-(II), (D)-(I)

Explanation:

The correct answer is Option (3) → (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

List-I

List-II

(A) These debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.

(IV) Secured Debentures

(B) These debentures are those which are payable on the expiry of the specific period either in lump sum or in installments during the lifetime of the company.

(III) Redeemable Debentures

(C) These debentures do not carry a specific rate of interest.

(II) Zero Coupon Rate Debentures

(D) These 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 the debentures that is paid to a person who produces the interest coupon attached to such debentures.

(I) Bearer Debentures

CUET Questions