Question : Which is an agreement between the company and the trustees to look after the interest of debenture holders?

Option 1: Debenture Trust Deed

Option 2: Partnership Deed

Option 3: Both 1 & 2

Option 4: None of the above

Question : Secured debenture is known as 

Option 1: Mortagage debenture

Option 2: Naked debenture

Option 3: Unsecured debenture

Option 4: None of the above

Question : Perpetual debenture are also known as

Option 1: Irredeemable Debenture

Option 2: Secured Debenture

Option 3: Unsecured Debenture

Option 4: None of the above

Question : Which of the following statements is false?

Option 1: A Company Can issue Convertible debenture

Option 2: Debenture can not be secured

Option 3: Company can issue redeemable debenture

Option 4: Debenture have no right to participate in profit over and above their fixed interest

Question : Which of the following statements is true?

Option 1: A debenture is a document given by a company as evidence of a debt to the holder usually arising out of a loan

Option 2: Most commonly secured by a charge

Option 3: Both 1 and 2

Option 4: None of these