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Equity Shares are?

33. Equity Shares are?

1. Non-redeemable
2. Redeemable
3. Non-Transferrable
4. Transferrable

Answer: A) Non-redeemable

Explanation:

Equity shares securities are not redeemable. Issuing redeemable equity shares would mean the company is willing to pay back the entire amount of the money invested by the equity shareholders.