Discussion :: IBPS BANK EXAM TEST 1
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Non convertible debentures are___
A.
Debt instruments which acquire equity status at the insurence 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. |
Answer : Option E
Explanation :
No Explanation
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