Redemption of debentures Class 12 MCQs Questions with Answers

1. Which of the following statements is false :

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. Premium received on issue of debentures may be utilised for

4. A debenture holder is entitled to :

5. Which of the following statements is false?

6. Zero Coupon Bonds are issued :

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

8. Debentures represent the :

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

10. Debentures of a Company can be issued :

11. 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 :

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

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

14. Which of the following statements is false?

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

16. Debenture holders are :

17. ‘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 

18. Debenture Application Account is in the nature of

19. 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 :

20. Interest payable on debentures is :