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Application of Shares

What does a B...

Question

What does a Bearer Debenture mean?

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Solution

Bearer debentures are the debentures which can be transferred by way of delivery and the company does not keep any record of the debenture holders. Interest on debentures is paid to a person who produces the interest coupon attached to such debentures.

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Q. Objective type questions.
Answer in are sentence only.

What do you mean by Bearer Debenture?

Q. 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

Q. Select most appropriate alternative from those given below :

The debentures which are converted into shares is called____________.
a) converted debentures
b) non-convertible debenture
c) bearer debentures
d) unsecured debentures

Q. Select most appropriate alternative from those given below :

____________debentures which are recorded in register of company.
a) Simple debentures
b) Registered debentures
c) Bearer debentures
d) Open debentures

Q. Give the meaning of 'Debenture'.

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