Vidyalelo
Commerce · Q117

Business and Commerce

Graduate and Post Graduate · Commerce · question 117

Q117

Secured debentures are also called as _________.

A.
Mortgaged debentures
Answer
B.
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.