Match List I with List II.

Choose the correct answer from the options given below:

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

The correct answer is Option (4) → (A)-(II), (B)-(IV), (C)-(I), (D)-(III)

* Payable on the expiry of the specific period - Reedemable Debentures: It refers to the repayment of debentures by the company to the debenture holders. In this process, debenture holders get payment for the debentures they were issued, and the repayment is made as per terms and conditions determined at the time of debenture issue. It may be redeemable at par, discount or premium.

* Do not carry a specific rate of interest- Zero Coupon Rate Debentures. These debentures do not carry a specific rate of interest. In order to compensate the investors, such debentures are issued at substantial discount and the difference between the nominal value and the issue price is treated as the amount of interest related to the duration of the debenture.

* Do not have a specific charge on the assets- 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. Normally, these kinds of debentures are not issued.

* Transferred by way of delivery and the company does not keep any record- Bearer Debentures. Bearer debentures are the debentures which can be transferred by way of delivery and the company does not keep any record of the debentures Interest on debentures is paid to a person who produces the interest coupon attached to such debentures.