Match List-I with List-II List-

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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) Redeemable Debentures	(I) the debentures which can be transferred by way of delivery and the company does not keep any record of the debentures
(B) Convertible Debentures	(II) these debentures are issued with a specified rate of interest
(C) Specific Coupon Rate Debentures	(III) which are convertible into equity shares or in any other security either at the option of the company or the debenture holders
(D) Bearer Debentures	(IV) which are payable on the expiry of the specific period either in lump sum or in Instalments during the life time of the company.

Choose the correct answer from the options given below:

Options:

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

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

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

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

Correct Answer:

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

Explanation:

The correct answer is Option (1) → (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

List-I	List-II
(A) Redeemable Debentures	(IV) which are payable on the expiry of the specific period either in lump sum or in Instalments during the life time of the company.
(B) Convertible Debentures	(III) which are convertible into equity shares or in any other security either at the option of the company or the debenture holders
(C) Specific Coupon Rate Debentures	(II) these debentures are issued with a specified rate of interest
(D) Bearer Debentures	(I) the debentures which can be transferred by way of delivery and the company does not keep any record of the debentures