CUET Accountancy - Which is not a type of Debenture :- | PYQs + Solutions

CUET Accountancy 2025 29 May Shift 2

Company Accounts

Easy

common

Non-Convertible Debenture

Un-Secured Debentures

Non-Transferable Debentures

Irredeemable Debentures

✅ Correct Option: 3

Related questions:

30 May Shift 2

Match List-I with List-II

List-I	List-II
Type of Debenture	Explanation
(A) Secured Debentures	(I) These debentures do not have a specific charge on the assets of the company.
(B) Irredeemable Debentures	(II) These debentures are those which are payable on the expiry of the specific period either in lump sum or in installments during the lifetime of the company.
(C) Unsecured Debentures	(III) It refers to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.
(D) Redeemable Debentures	(IV) These debentures are repayable on the winding-up of a company or on the expiry of a long period.

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26 May Shift 2

Match List-I with List-II

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31 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Redeemable Debentures	(I) The company does not give any undertaking for the repayment of money borrowed by issuing such debentures
(B) Convertible Debentures	(II) Which are payable on the expiry of the specific period either in lump sum or in installments during the life time of the company.
(C) Irredeemable Debentures	(III) Which are convertible into equity shares or in any other security either at the option of the company or the debenture holders.
(D) Unsecured Debentures	(IV) These do not have a specific charge on the assets of the company.

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CUET Accountancy 2025 29 May Shift 2 PYQs