Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
1.1k views
in Accounts by (31.4k points)
closed by

Select most appropriate alternative from those given below :

The debentures which are converted into shares is called_________.

Options

  • Converted debentures
  • Non-convertible debenture
  • Bearer debentures
  • Unsecured debentures

1 Answer

+1 vote
by (30.9k points)
selected by
 
Best 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.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...