Match List-I with List-II
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List-I |
List-II |
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(A) Unregistered Debentures |
(I) Perpetual Debentures |
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(B) Unsecured Debentures |
(II) Naked Debentures |
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(C) Secured Debentures |
(III) Bearer Debentures |
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(D) Irredeemable Debentures |
(IV) Mortgage Debentures |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → (A)-(III), (B)-(II), (C)-(IV), (D)-(I)
Many types of debentures carry a second name.
(A) Unregistered Debentures — this matches (III) Bearer Debentures. No register of holders is kept, and the debentures pass by mere delivery.
(B) Unsecured Debentures — this matches (II) Naked Debentures. They carry no specific charge on the company’s assets.
(C) Secured Debentures — this matches (IV) Mortgage Debentures. A charge is created on the assets of the company for repayment in case of default.
(D) Irredeemable Debentures — this matches (I) Perpetual Debentures. The company gives no undertaking to repay them during its life.
NCERT (2026-27 edition):
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