Redemption of debentures Class 12 MCQs Questions with Answers

1. 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 :

2. Debentures represent the :

3. ‘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 

4. Zero Coupon Bonds are issued :

5. Debentures of a Company can be issued :

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

7. Which of the following statements is false?

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

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

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

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

12. Which of the following statements is false :

13. Debenture holders are :

14. Debenture Application Account is in the nature of

15. Interest payable on debentures is :

16. A debenture holder is entitled to :

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

18. 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 :

19. 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 :

20. Which of the following statements is false?