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Question

___ debentures are those which are payable on the expiry of the specific period either in lump sum or in instalments.


  1. Convertible

  2. Redeemable

  3. Unsecured

  4. Secured


Solution

The correct option is B

Redeemable


Redeemable debentures are those which are payable on the expiry of the specific period either in lump sum or in instalments.

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