Redemption of debentures Class 12 MCQs Questions with Answers

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

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

3. Which of the following statements is false :

4. ‘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 

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. 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 :

7. Debenture Application Account is in the nature of

8. A debenture holder is entitled to :

9. Which of the following statements is false?

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

11. Interest payable on debentures is :

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

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

14. 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 :

15. Which of the following statements is false?

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

17. Debentures represent the :

18. Zero Coupon Bonds are issued :

19. Debentures of a Company can be issued :

20. Debenture holders are :