Select the correct answer from the options given below and rewrite the statements.

1. A company cannot issue ……………… with voting rights.
a) Equity shares b) Debentures c) Securities
Ans:- b) Debentures

2. A company can issue ……………… convertible debentures.
a) Only partly b) Only fully c) Partly or fully
Ans:- c) Partly or fully 

3. Money from ……………… Account is used for redemption of debentures
a) Capital b) Debenture Redemption Reserve c) Profit or loss
Ans:- b) Debenture Redemption Reserve

4. ……………… protects the interest of debenture holders
a) Debenture Trustees b) Debenture holders c) Redemption Reserve
Ans:- a) Debenture Trustees

5. Secured debentures must be redeemed within ……………… from the date of its issue
a) 10 days b) 10 years c) 15 years
Ans:-b) 10 years

6. A company issuing ……………… debenture must create a charge on the assets of the company.
a) Secured b) Unsecured c) Redeemable
Ans:- a) Secured

7. Debenture certificate must be issued within ……………… of allotment of debentures.
a) 3 months b) 6 months c) 60 days
Ans:- b) 6 months

8. The details of allotment of Debentures must be entered in ……………… .
a) Register of debenture b) Register of members c) Register of creditors
Ans:- a) Register of debenture

9. A company which issues prospectus or invites more than 500 persons to buy its debenture has to appoint ……………… .
a) Register of companies b) Debenture holders c) Debenture trustees
Ans:- c) Debenture trustees

10. The contract between company and Debenture trustees of companies is called as ………………
a) Debenture trust deed b) Letter of offer c) Prospectus
ans:- a) Debenture trust deed

11. Procedure for allotment of Debenture should be completed within ……………… from the date of receipt of applications.
a) 6 months   b) 3 months   c) 60 days
Ans:- c) 60 days