Question : What among the following is not a preference share?
Option 1: Redeemable Preference Share
Option 2: Participating Preference share
Option 3: Irredeemable Preference Share
Option 4: Convertible Preference share

Question

Question : What among the following is not a preference share?

Option 1: Redeemable Preference Share

Option 2: Participating Preference share

Option 3: Irredeemable Preference Share

Option 4: Convertible Preference share

Team Careers360 · Accepted Answer

Correct Answer: Irredeemable Preference Share

Solution : Preference shares that cannot be redeemed by a company are known as irredeemable preference shares. Companies cannot issue irredeemable preference shares in India.

Hence the correct answer is option 3.

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Question : What among the following is not a preference share?Option 1: Redeemable Preference ShareOption 2: Participating Preference shareOption 3: Irredeemable Preference ShareOption 4: Convertible Preference share

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Question : What among the following is not a preference share?
Option 1: Redeemable Preference Share
Option 2: Participating Preference share
Option 3: Irredeemable Preference Share
Option 4: Convertible Preference share