CUET Preparation Today
| Which type of debenture does not have a specific charge on the assets of the company? |
Secured debenture Unsecured debenture Either option 1 or 2 Both of these |
| Unsecured debenture |
| 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. |
