Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Issue and Redemption of Debentures

Question:

Bonds are being issued by:

Options:

Semi-Government organization

Non-Government organization

Government

All of these

Correct Answer:

All of these

Explanation:

The correct answer is option 4- All of these.

Bond is also an instrument of acknowledgement of debt. Traditionally, the Government issued bonds, but these days, bonds are also being issued by semi-government and non-governmental organisations. The terms ‘debentures’ and ‘Bonds’ are now being used inter-changeably.