The correct answer is: D. a-1, b-3, c-4, d-2
List-I | List-II
——- | ——–
a. Shareholders | Joint owners of the company
b. Debenture holders | Creditors of the company
c. Redeemable Debenture | Paid at the end of a predetermined period
d. Bearer | Transferred by mere delivery
Shareholders are the joint owners of the company. They own a part of the company and are entitled to a share of the profits. Debenture holders are the creditors of the company. They have lent money to the company and are entitled to interest on their loan. Redeemable debentures are debentures that can be repaid by the company at a predetermined time. Bearer debentures are debentures that are not registered in the name of the owner. They can be transferred by mere delivery.
Here is a brief explanation of each option:
- Option A: a-2, b-3, c-1, d-4. This is incorrect because debenture holders are creditors of the company, not shareholders.
- Option B: a-3, b-1, c-2, d-4. This is incorrect because redeemable debentures are paid at the end of a predetermined period, not at the end of the company’s life.
- Option C: a-2, b-4, c-1, d-3. This is incorrect because bearer debentures are transferred by mere delivery, not by endorsement and registration.
- Option D: a-1, b-3, c-4, d-2. This is the correct answer because it matches the correct definition to each term.