Question : Secured debenture is known as
Option 1: Mortagage debenture
Option 2: Naked debenture
Option 3: Unsecured debenture
Option 4: None of the above
Correct Answer: Mortagage debenture
Solution : A secured debenture places a charge on the company's assets, thereby mortgaging such assets. A charge is placed on the assets of the corporation to support the debenture liability. A charge of this kind may be made on either floating or fixed assets.
Hence the correct answer is option 1.
Question : Perpetual debenture are also known as
Question : The money value of national product is known as _____________.
Question : The ideal liquid ratio is
Question : Debenture trustee is secured by:
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