Q. Which of the following statements is false?
  • (A) The issue price and redemption value of debentures cannot differ.
  • (B) Debenture interest is a charge against profits.
  • (C) It is customary to prefix debentures with the agreed rate of interest.
  • (D) Debenture is a form of public borrowing.
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βœ… Correct Answer: (A) The issue price and redemption value of debentures cannot differ.

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