Redemption of debentures Class 12 MCQs Questions with Answers

1. The Principal amount of debentures will be repaid by the company either at the end of a specified period or by instalments during the life time of the company. Such types of debentures are called :

2. A’ Limited purchased the assets from ‘B’ Limited for ₹5,40,000. ‘A’ Limited issued 10% debentures of ₹100 each at 20% premium against the payment. The number of debentures received by ‘B’ Limited will be :

3. On liquidation of company, principal amount of debentures is returned :

4. Interest payable on debentures is :

5. Debentures represent the :

6. Debenture Application Account is in the nature of

7. ‘A’ Fimited purchased the assets from ‘B’ Limited for ₹5,40,000. ‘A’ Limited issued 10% debentures of ₹100 each at 10% discount against the payment. The number of debentures received by ‘B’ Limited will be 

8. Which of the following is not a characteristic of Bearer Debentures?

9. The debentures whose principal amount is not repayable by the company during its life time, but the payment is made only at the time of Liquidation of the company, such debentures are called :

10. Which of the following statements is false?

11. Debentures issued as collateral security will be debited to :

12. Debentures of a Company can be issued :

13. Zero Coupon Bonds are issued :

14. On issue of debentures as a collateral security, which account is credited? 

15. Which of the following statements is false :

16. Debenture holders are :

17. Premium received on issue of debentures may be utilised for

18. Discount on issue of Debentures is in the nature of

19. Which of the following statements is false?

20. A debenture holder is entitled to :