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easyMCQCUET Accountancy 2025 13 May Shift 12026CUET Accountancy
1 mark

Which of the following debentures do not have a specific charge on the assets of the company?

  1. A
    Redeemable debentures
  2. B
    Unsecured debentures
  3. C
    Specific coupon rate debentures
  4. D
    Zero coupon rate debentures

Solution & Step-by-step Explanation

Debentures can be classified based on security:Secured/Mortgage Debentures: Create a fixed or floating charge on corporate assets.Unsecured/Naked Debentures: Do not carry any security or charge over corporate assets.Hence, unsecured debentures do not hold any specific charge.

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Try it yourself before checking the explanation above.

Which of the following debentures do not have a specific charge on the assets of the company?
A
Redeemable debentures
B
Unsecured debentures
C
Specific coupon rate debentures
D
Zero coupon rate debentures

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