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Question : ------------------- debentures are the debentures that are not registered in the records of the company in the name of the holder. These debentures are transferable by mere delivery. Interest is paid to the person who produces coupons attached to the debenture.

Option 1: Registered debentures 

Option 2: Bearer debentures

Option 3: Secured debentures 

Option 4: Unsecured debentures


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Bearer debentures


Solution : Answer = Bearer debentures

Bearer debentures are unregistered debentures that are transferable by delivery, without the need for formal registration in the company's records. Interest payments are made to whoever holds the physical debenture certificates, as indicated by the attached coupons. These debentures offer anonymity and ease of transfer.
Hence, the correct option is 2.

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