Q104
The debentures are given a security on assets are called as ________ debentures.
A.
Unsecured
B.
Secured
AnswerC.
Bearer
D.
Registered
Answer: Option B
Solution
Answer: Option B
Solution:
The debentures are given a security on assets are called as Secured debentures. These are debentures that are secured against an asset/assets of the company. This means a charge is created on such an asset in case of default in repayment of such debentures.