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FINANCIAL MANAGEMENT — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMFINANCIAL MANAGEMENT1 Mark
MCQ
What is the base of debenture in capital structure?
  • A
    Director’s policy.
  • ✓
    Steady income.
  • C
    Government policy.
  • D
    Requirement of capital.
✓

Answer

Correct option: B.
Steady income.

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