Question

Debentures can be_____.
a. Mortgage Debenture or Simple Debenture.
b. Registered Debenture or Bearer Debenture.
c. Redeemable Debenture or Irredeemable Debenture.
d. Convertible Debenture or Non-convertible Debenture

• A. Both (a) and (b)
• B. Both (a) and (c)
• C. Both (b) and (c)
• D. All of (a), (b), (c) and (d) above

Answer 1

Answer: (D)

All of (a), (b), (c) and (d) above

Debenture is a written instrument acknowledging a debt under the common seal of the company. There are various types of debentures: Secured and unsecured debentures, redeemable and irredeemable debentures, Convertible and non-convertible debenture, registered and bearer debentures, Specific coupon rate and zero coupon rate debentures etc.