Accountancy Part AIssue and Redemption of Debentures

Name the debentures that do not have a specific charge on the assets…

Name the debentures that do not have a specific charge on the assets of a company.

Answer & explanation

Correct answer: option 2

The correct answer is Option (2) → Unsecured Debenture

NCERT (2026-27 edition):
Unsecured Debentures – “… Unsecured debentures do not have a specific charge on the assets of the company. However, a floating charge may be created on these debentures by default.”