Match List I with List II
| LIST I : Basis of debenture | LIST II : Types of debenture |
| A) Tenure | I) Zero coupon rate |
| B) Interest rate point of view | II) Irreedemable |
| C) Security | III) Bearer |
| D) Registration | IV) Secured |
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → A-II, B-I, C-IV, D-III
(A) Tenure — this matches (II) Irreedemable. By tenure, debentures are redeemable or perpetual (irredeemable).
(B) Interest rate point of view — this matches (I) Zero coupon rate. By coupon rate, debentures carry a specific rate or a zero coupon rate.
(C) Security — this matches (IV) Secured. By security, debentures are secured or unsecured.
(D) Registration — this matches (III) Bearer. By registration, debentures are registered or unregistered (bearer).
NCERT (2026-27 edition):
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