CBSE Class 12 Issue and Redemption of Debentures Multiple Choice Questions with Answers. MCQ Questions Class 12 Issue and Redemption of Debentures with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 12 Issue and Redemption of Debentures with Answers to know their preparation level.
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MCQ Questions Class 12 Issue and Redemption of Debentures with Answers - Set - 5
Question 1:Â
‘Premium on issue of debentures’ is shown in the Balance Sheet on:
(a) Assets side
(b) Liabilities side
(c) None of these
(d) All of these
Correct Answer – (B)
Question 2:Â
Premium on issue of debentures is a for Company :
(a) Revenue Receipt
(b) Profit
(c) Capital Receipt
(d) All of these
Correct Answer – (C)
Question 3:Â
Debentures carries interest at: .
(a) 12% p.a.
(b) Fixed Rate
(c) 20% p.a.
(d) 6% p.a.
Correct Answer – (B)
Question 4:Â
Debentures cannot be redeemed at:
(a) Premium
(b) Discount
(c) Par
(d) None of these
Correct Answer – (B)
Question 5:Â
On liquidation of a company, principal amount of debentures is returned:
(a) First of all
(b) Last of all
(c) Before Equity Capital
(d) None of those
Correct Answer – (A)
MCQ Questions Class 12 Issue and Redemption of Debentures With Answers
Question 6:Â
For a company discount on issue of debentures is :
(a) Capital Loss
(b) Revenue Loss
(c) General Loss
(d) None of these
Correct Answer – (A)
Question 7:Â
Generally debentures are :
(a) Secured
(b) Unsecured
(c) Partly Secured
(d) None of these
Correct Answer – (A)
Question 8:Â
Debentures represent:
(a) Director’s Share in a Company
(b) Investments by Equity Shareholders
(c) Long-term Debt of the Business
(d) None of these
Correct Answer – (C)
Question 9:Â
Interest payable on debentures is :
(a) An appropriation of profits of the company
(b) A charge against profits of the company
(c) Transfer to Sinking Fund
(d) None of the above
Correct Answer – (B)
Question 10:Â
Discount on issue of Debentures is in the nature of:
(a) Revenue Loss
(b) Capital Loss
(c) Deferred Revenue Expenditure
(d) None of there
