Question :
----------------Debentures are those debentures that are repayable by the company at the end of a specified period or by installments during the existence of the company.
Option 1: Redeemable debentures
Option 2: Irredeemable debentures
Option 3: Secured debentures
Option 4: Unsecured debentures
Correct Answer: Redeemable debentures
Solution : Answer = Redeemable debentures
Redeemable debentures are those debentures that the company agrees to repay either at the end of a specified period or through instalments over the company's existence. Unlike irredeemable debentures, which have no maturity date, redeemable debentures have a fixed repayment schedule, providing clarity to investors and the company.
Hence, the correct option is 1.