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Question

is an instrument in the Debt market which is unsecured .

A
Bond
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B
Debenture
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C
share
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Solution

The correct option is B Debenture
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Bonds and Debentures are Debt market instruments. Bonds are secured while Debentures are unsecured and issued on the basis of good faith in the company.Shares are Capital market instrument.

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