Q
What is a Debenture ?
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A
A. certificate issued by a company promising the payment of a specified amount at a fixed rate of interest after a specified period
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B
B. certificate for the investment in shares
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C
C. certificate for the preference share
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D
D. none of these
Correct Answer:
A. A. certificate issued by a company promising the payment of a specified amount at a fixed rate of interest after a specified period
