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SSC Audit Tax Finance P-II QUESTION #6169
Question 1
Which bond type is described as 'unsecured' with no specific asset backing in the provided text?
  • Mortgage Bond
  • Debenture✔️
  • Eurobond
  • Zero Coupon Bond
Correct Answer Explanation
Lesson 02 states that Debentures are unsecured with no asset backing.