Question

Debentures which do not have a specific charge on the assets of the company are known as ______.

Options

• Non-convertible debentures

• Irredeemable debentures

• Unsecured debentures

• Bearer debentures

Answer 1

Debentures which do not have a specific charge on the assets of the company are known as unsecured debentures.

Explanation:

Because unsecured debentures directly address the core requirement of the question with the most accurate information. While other options might be partially true or act as distractors, Unsecured debentures provide a comprehensive explanation that aligns perfectly with the facts or concepts being tested. It captures the main point effectively, ensuring the response is not just true but also the most relevant in the given context.