Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

Non-convertible debentures are

A Debt instruments which acquire equity status at the investors option
B Debt instruments which acquire equity ‘status at the issues’ option
C Debt instruments which retain their debt character and cannot equity status
D Debt instruments which acquire equity status with the permission of Registrar of Companies
E None of the above

Answer & Explanation

Answer: Option [C]

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