Match List I with List II Choose the correct answer from the options given below:
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In matching type questions, it's helpful to recall definitions or key features of financial instruments like debentures — secured means asset-backed, convertible means it turns into shares, and registered means recorded with the issuer.
We match each term from List I with its correct meaning from List II:
\begin{itemize}
\item (A) Secured debenture — These are backed by a charge on the assets of the company.
\quad ⇒ Matches with (III)
\item (B) Registered debenture — These are debentures recorded in the company’s register in the name of the holder.
\quad ⇒ Matches with (IV)
\item (C) Convertible debenture — These can be converted into equity shares at a later date.
\quad ⇒ Matches with (II)
\item (D) Unsecured debenture — These are not backed by assets and may not carry a fixed interest rate.
\quad ⇒ Matches with (I)
\end{itemize}
So the correct matching is:
A–III, B–IV, C–II, D–I