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Question 14 of 17

Q.Bearer debentureholders get interest through ______.

(a) Interest Warrants
(b) Refund orders
(c) Interest coupons
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2025MCQ· 1mImportance★★★★★
82% · 14/17 Questions
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Bearer debentures are unregistered and transferable by mere delivery, so interest is paid against interest coupons attached to the debenture certificate, not by name-based interest warrants.

Debentures are of two kinds for interest payment:

  • Registered debentures — the holder's name and details are entered in the Register of Debenture-holders. Interest is sent directly to the recorded holder by interest warrant (or ECS/NEFT). …
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