Recent

  • Show all results for ""

🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

Debentures Quiz
3 Questions
3 Views

Debentures Quiz

Created by
@ProdigiousWonder

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is a debenture as per the Companies Act, 2013?

  • A type of long-term borrowing instrument issued by a company (correct)
  • A type of government-issued security
  • A type of equity instrument issued by a company
  • A type of short-term borrowing instrument issued by a company

    • What is the nature of debenture holders' claim on the company's assets?

  • They have a claim on the company's assets (correct)
  • They have voting rights in the company
  • They have no claim on the company's assets
  • They have ownership rights in the company

    • What does a company promise to debenture holders?

  • To pay back a specific amount of money at a fixed interest rate with no predetermined date
  • To pay back a specific amount of money at a variable interest rate with no predetermined date
  • To pay back a specific amount of money at a fixed interest rate on a predetermined date (correct)
  • To pay back an unspecified amount of money at a variable interest rate on a predetermined date

    • More Quizzes Like This

    Companies Act 2013
    5 questions

    Companies Act 2013

    GainfulThunderstorm avatar
    GainfulThunderstorm
    Companies Act 2013 Quiz
    5 questions

    Companies Act 2013 Quiz

    PlushOceanWave avatar
    PlushOceanWave
    Companies Act 2013: Preliminary Learning Outcomes
    5 questions

    Companies Act 2013: Preliminary Learning Outcomes

    CoolAlgebra avatar
    CoolAlgebra
    Companies Act 2013: Share Capital and Debentures
    30 questions

    Companies Act 2013: Share Capital and Debentures

    DignifiedNebula avatar
    DignifiedNebula
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser