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The debentures are given a security on assets are called as...

This question belongs to Commerce Business And Commerce
Business and Commerce
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The debentures are given a security on assets are called as ________ debentures.

Answer & Solution
Correct Answer: Option B
The debentures are given a security on assets are called as Secured debentures. These are debentures that are secured against an asset/assets of the company. This means a charge is created on such an asset in case of default in repayment of such debentures.
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