Match List – I with List – II. LIST - I LIST - II A. Secured debentur… | Accountancy Part A CUET question

Match List – I with List – II.

LIST - I	LIST - II
A. Secured debenture	I. Do not carry specific rate of interest
B. Registered debenture	II. Convertible into equity share
C. Convertible debenture	III. Charge is created on the assets of company
D. Zero coupon debenture	IV. Details of debenture holder are entered in register

Choose the correct answer from the options given below :

Answer & explanation

Correct answer: option 3

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

Each debenture is named after its security, registration, conversion or interest feature.

(A) Secured debenture — this matches (III) Charge is created on the assets of company.

(B) Registered debenture — this matches (IV) Details of debenture holder are entered in register.

(C) Convertible debenture — this matches (II) Convertible into equity share.

(D) Zero coupon debenture — this matches (I) Do not carry specific rate of interest; they are issued at a deep discount instead.

NCERT (2026-27 edition):
Secured Debentures – “… Secured 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.”

NCERT (2026-27 edition):
Registered Debentures – “… Registered debentures are those debentures in respect of which all details including names, addresses and particulars of holding of the debentureholders are entered in a register kept by the company.”

NCERT (2026-27 edition):
Convertible Debentures – “… Debentures which are convertible into equity shares or in any other security either at the option of the company or the debentureholders are called convertible debentures.”

NCERT (2026-27 edition):
Zero Coupon Rate Debentures – “… These debentures do not carry a specific rate of interest. In order to compensate the investors, such debentures are issued at substantial discount and the difference between the nominal value and the issue price is treated as the amount of interest related to the duration of the debentures.”