Question :
Which of the following statements is true?
Option 1: Any other instrument will include any kind of security (document) evidencing a debt that a company may issue.
Option 2: For example, Public Deposit, it being an instrument of the company, is also termed as debenture.
Option 3: The term 'Any Other Instrument' is a wide term that includes every instrument issued by the company that evidences debt.
Option 4: All of the above
Correct Answer: All of the above
Solution : Answer = All of the above
"Any other instrument" encompasses all forms of securities representing debt that a company may issue, including public deposits, which are also considered debentures. This term is broad, covering any financial instrument that serves as evidence of a company's indebtedness.
Hence, the correct option is 4.