Redemption of debentures Class 12 MCQs Questions with Answers

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

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. Debenture Application Account is in the nature of

4. 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 :

5. 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 :

6. Which of the following statements is false?

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

8. Debenture holders are :

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

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

11. Debentures represent the :

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

13. Debentures of a Company can be issued :

14. ‘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 

15. Zero Coupon Bonds are issued :

16. Interest payable on debentures is :

17. A debenture holder is entitled to :

18. Which of the following statements is false :

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

20. Which of the following statements is false?