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Select most appropriate alternative from those given below :_________debentures of which the amount is repaid written specific period.OptionsRedeemableIrredeemableSecuredNon convertible |
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Answer» 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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