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Select most appropriate alternative from those given below :The debentures which are converted into shares is called_________.OptionsConverted debenturesNon-convertible debentureBearer debenturesUnsecured debentures |
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Answer» The debentures which are converted into shares is called converted debentures. Explanation: The debentures that are issued with an option of being converted into equity shares or preference shares after the expiry of a certain specified period are known as convertible debentures. |
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