Q117
Secured debentures are also called as _________.
A.
Mortgaged debentures
AnswerB.
Simple debentures
C.
Bearer debentures
D.
Registered debentures
Answer: Option A
Solution
Answer: Option A
Solution:
Secured debentures are also called as Mortgaged debentures. These debentures have some asset of the company as collateral security. Since the applicant's investment is protected against the asset of the company, it is called as a secured debenture.