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The rate of interest payable on debentures is ______. - Secretarial Practice

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Question

The rate of interest payable on debentures is ______.

Options

  • uncertain

  • floating

  • fixed

MCQ
Fill in the Blanks

Solution

The rate of interest payable on debentures is fixed.

Explanation:

The interest rate paid on a loan is fixed because the terms and conditions of the loan are fixed.

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Correspondence with Debentureholders - Specimen Letters
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Chapter 7: Correspondence with Debentureholders - EXERCISE [Page 111]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 7 Correspondence with Debentureholders
EXERCISE | Q 1 A) 10. | Page 111
SCERT Maharashtra Secretarial Practice [English] 12 Standard HSC
Chapter 7 Correspondence with Debentureholders
Select the correct answer from the options | Q 2

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