Question : Secured debenture is known as
Option 1: Mortagage debenture
Option 2: Naked debenture
Option 3: Unsecured debenture
Option 4: None of the above
Correct Answer: Mortagage debenture
Solution : A secured debenture places a charge on the company's assets, thereby mortgaging such assets. A charge is placed on the assets of the corporation to support the debenture liability. A charge of this kind may be made on either floating or fixed assets.
Hence the correct answer is option 1.
Question : Perpetual debenture are also known as
Option 1: Irredeemable Debenture
Option 2: Secured Debenture
Option 3: Unsecured Debenture
Question : The money value of national product is known as _____________.
Option 1: Domestic income
Option 2: National income
Option 3: Factor income
Option 4: None of the above.
Question : The ideal liquid ratio is
Option 1: 2:1
Option 2: 1:1
Option 3: 3:1
Question : Debenture trustee is secured by:
Option 1: Debenture Trust Deed
Option 2: Debenture Trust File
Option 3: Debenture Trusteeship
Option 4: Debenture Trustee Document
Question : Comparison of values of one period with those of another firm for the same period is known as –
Option 1: Intra-firm comparison.
Option 2: Inter-firm comparison
Option 3: Either 1 and 2
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile