Redemption of debentures Class 12 MCQs Questions with Answers

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

2. 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 :

3. 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 :

4. Zero Coupon Bonds are issued :

5. Which of the following statements is false :

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

7. Debenture holders are :

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

9. Debentures of a Company can be issued :

10. A debenture holder is entitled to :

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

12. Debentures represent the :

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

14. 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 :

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

16. Which of the following statements is false?

17. Interest payable on debentures is :

18. ‘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 

19. Which of the following statements is false?

20. Debenture Application Account is in the nature of