Redemption of debentures Class 12 MCQs Questions with Answers

1. Interest payable on debentures is :

2. Debenture Application Account is in the nature of

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

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

5. 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 :

6. ‘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 

7. Which of the following statements is false?

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

9. A debenture holder is entitled to :

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

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 liquidation of company, principal amount of debentures is returned :

13. Debentures of a Company can be issued :

14. Debenture holders are :

15. 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 :

16. Debentures represent the :

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

18. Which of the following statements is false :

19. Zero Coupon Bonds are issued :

20. Which of the following statements is false?