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Question
Select most appropriate alternative from those given below :
___________debentures of which the amount is repaid written specific period.
Options
Redeemable
Irredeemable
Secured
Non convertible
Solution
Redeemable debentures of which the amount is repaid within specific period.
Explanation: Debentures, on which the amount is to be paid back after a specified period of time, as per the terms of the issue, are known as redeemable debentures. They can only be redeemed after the expiry of a specified time period.
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Answer in a sentence only.
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