Match List-I with List-II:List-IList-II(A) Unregistered Debentures(I) Perpetual Debentures(B) Unsecured Debentures(II) Naked Debentures(C) Secured Debentures(III) Bearer Debentures(D) Irredeemable Debentures(IV) Mortgage DebenturesChoose the correct answer from the options given below:
- A(A) - (IV), (B) - (II), (C) - (III), (D) - (I)
- B(A) - (II), (B) - (I), (C) - (III), (D) - (IV)
- C(A) - (III), (B) - (II), (C) - (IV), (D) - (I)
- D(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
Solution & Step-by-step Explanation
Let us connect each debenture variant to its common alternative financial terminology:(A) Unregistered Debentures: These are transferable by mere delivery without registration tracking, meaning they are Bearer Debentures. Maps to (III).(B) Unsecured Debentures: Bonds carrying no asset charge backing are referred to as Naked Debentures. Maps to (II).(C) Secured Debentures: Bonds protected by a specific or floating charge on assets are called Mortgage Debentures. Maps to (IV).(D) Irredeemable Debentures: Debt instruments that are not repayable during the lifetime of the company are known as Perpetual Debentures. Maps to (I).This gives the sequence: (A) - (III), (B) - (II), (C) - (IV), (D) - (I).