Perpetual Debentures are also known as:-
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Irredeemable Debentures
Perpetual debentures are those the company gives no undertaking to repay during its life; they are repaid only on winding up or after a very long period. That is why they are also known as irredeemable debentures.
NCERT (2026-27 edition):
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