Match List-I with List-II
Choose the correct answer from the options given below:
- A\text{(A) - (I), (B) - (II), (C) - (III), (D) - (IV)}
- B\text{(A) - (I), (B) - (III), (C) - (II), (D) - (IV)}
- C\text{(A) - (II), (B) - (III), (C) - (I), (D) - (IV)}
- D\text{(A) - (III), (B) - (IV), (C) - (I), (D) - (II)}
Solution & Step-by-step Explanation
Let's analyze and match the structural classifications of debentures:(A) Redeemable Debentures: These are debentures payable on the expiry of a specific period during the lifetime of the company. (II)(B) Convertible Debentures: These can be converted into equity shares or other securities after a given tenure. (III)(C) Irredeemable Debentures: Also known as perpetual debentures, the company does not guarantee their repayment during its active lifetime except upon winding up. (I)(D) Unsecured Debentures: Debentures carrying no specific charge or security over the assets of the company. (IV)Hence, the correct matching is: (A) - (II), (B) - (III), (C) - (I), (D) - (IV).