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Question
Redeemable debentures are those which are payable on the expiry of the ______ period either in lump sum or in installments during the life time of the company.
Redeemable debentures are those which are payable on the expiry of the ______ period either in lump sum or in installments during the life time of the company.
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Solution
The correct option is A Specific
There are two type of debenture which are classified from the point of view of tenure i.e. 1. Redeemable debentures and 2. Irredeemable debentures.Redeemable dentures are those which are payable on the expiry of the specific period either in lump sum or in installments during the life time of the company. Debentures can be redeemed either at par or at premium .
There are two type of debenture which are classified from the point of view of tenure i.e. 1. Redeemable debentures and 2. Irredeemable debentures.
Redeemable dentures are those which are payable on the expiry of the specific period either in lump sum or in installments during the life time of the company. Debentures can be redeemed either at par or at premium .
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