Question

Which of the following given statement is correct.

Statement 1 - "Bond and debentures are same in terms of contents and texture." 

Statement 2 - "Bond and debentures are not same in terms of contents and texture." 

पर्याय

• Only Statement 1 is correct

• Only Statement 2 is correct 

• Both the statements are incorrect

• None of these

Answer 1

Only Statement 1 is correct

Explanation:

In terms of content and texture, a bond is similar to a debenture, although they are not identical. The sole distinction is in the issuance condition; unlike deep discount bonds, bonds can be issued without a specified rate of interest.