Match List-I with List-II List-

CUET Preparation Today

Start Free Mocks

Home Questions G4XEZ4ZPK7

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) Unsecured Debentures	(I) These debentures are issued with a specified rate of interest.
(B) Redeemable Debentures	(II) These debentures do not have a specific charge on the assets of the company.
(C) Specific Coupon Rate Debentures	(III) These are those which are payable on the expiry of the specific period either in lump sum or in Instalments during the life time of the company.
(D) Bearer Debentures	(IV) The debentures which can be transferred by way of delivery and the company does not keep any record of the debentures.

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

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

List-I	List-II
(A) Unsecured Debentures	(II) These debentures do not have a specific charge on the assets of the company.
(B) Redeemable Debentures	(III) These are those which are payable on the expiry of the specific period either in lump sum or in Instalments during the life time of the company.
(C) Specific Coupon Rate Debentures	(I) These debentures are issued with a specified rate of interest.
(D) Bearer Debentures	(IV) The debentures which can be transferred by way of delivery and the company does not keep any record of the debentures.