Banking General Awareness Money Market and Capital Market Question Bank Money Market and Capital Market

  • question_answer
    Non-convertible debentures are                                                                             [IBPS PO 2012]

    A)  debt instruments which acquire equity 'status at the issuers' option

    B)  debt instruments which acquire equity status at the investors option

    C)  debt instruments which acquire equity status with the permission of Registrar of Companies

    D)  debt instruments which acquire equity status on maturity

    E)  debt instruments which retain their debt character and cannot acquire equity status

    Correct Answer: E


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