Question

From the point of view of security, the debentures are classified as -

• A. Secured and unsecured Debentures
• B. Redeemable Debentures and Irredeemable Debentures
• C. Convertible Debentures and Non-convertible Debentures
• D. Registered Debentures and Bearer Debentures

Answer 1

The correct option is A Secured and unsecured Debentures

Debentures can be secured in nature, it may be unsecured in nature. A secured debenture is secured by the charge on some asset or set of assets which is known as secured or mortgage debenture and another when it is issued solely on the credibility of the issuer is known as the naked or unsecured debenture.