Question

Match List I with List II

Choose the correct answer from the options given below:

• A. A-I, B-II, C-III, D-IV
• B. A-IV, B-I, C-II, D-III
• C. A-III, B-IV, C-II, D-I
• D. A-II, B-I, C-III, D-IV

Hint:

In matching type questions, it's helpful to recall definitions or key features of financial instruments like debentures — secured means asset-backed, convertible means it turns into shares, and registered means recorded with the issuer.

Answer 1

The Correct Option is C

The following terms from List I are matched with their corresponding meanings from List II:

• (A) Secured debenture: These debentures are secured by a charge on the company's assets. Matches with (III).
• (B) Registered debenture: These debentures are registered in the company's register under the holder's name. Matches with (IV).
• (C) Convertible debenture: These debentures have the option to be converted into equity shares at a future date. Matches with (II).
• (D) Unsecured debenture: These debentures are not backed by assets and may have a variable interest rate. Matches with (I).

The correct matching is: A–III, B–IV, C–II, D–I.