Question

________ debentures of which the amount is repaid written specific period. (Fill in the blank by choosing correct option)
a) Redeemable
b) Irredeemable
c) Secured
d) Non convertable

Answer 1

Redeemable. Hope this answer will help you

Answer 2

Answer: Redeemable

Explanation:

Redeemable debentures are ones which are paid at the end of the written specific period.

Usually dentures are redeemable ones. It is often issued for a specific period. At the end of the expiry of the mentioned period , the company has to repay the debenture holders and release the mortgage properties or charge.

As per this form of debenture, any firm who borrows money from the market by issuing a debenture is liable to pay back the money to his holders at the end of the specific date or after a specific period of notice.

Hope this helps.