1. _____ is acknowledgment of debt under common seal of company.
a. share
b. debenture
c. cheque
d. bond
2. The issue of debenture at its
face value is called the issue __________
a. at par
b. at discount
c. at premium
d. none of these
a. at par
b. at discount
c. at premium
d. none of these
3. _________ which are recorded in
register of company.
a. Simple debentures
b. Registered debentures
c. Bearer debentures
d. Open debentures
a. Simple debentures
b. Registered debentures
c. Bearer debentures
d. Open debentures
4. The issue of debentures less than face value is called _________
a. at par
b. at premium
c. at discount
d. none of these
5. The debentures which are converted into shares is called ________
a. convertible debentures
b. non - convertible debentures
c. bearer debentures
d. unsecured debentures
6. The issue of debentures more than face value is called ________
a. at par
b. at discount
c. at premium
d. none of these
7. _______ debentures of which the amount is repaid after specific period.
a. Redeemable
b. Irredemable
c. Secured
d. Non - convertible.
8. __________ debentures which are not secured against any charge on assets of the company.
a. Secured.
b. Unsecured
c. Redeemable
d. Convertible
10. The debenture holder is __________ of the company.
a. debtor
b. creditor
c. owner
d. supplier
