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Which of the below is not an ownership security?

35. Which of the below is not an ownership security?

  1. Debentures
  2. Fixed Deposit
  3. Preference Shares
  4. Equity Shares

Answer: A) Debentures

Explanation:

Debentures are not ownership security. A debenture is a type of debt instrument that is not secured by collateral and usually has a term greater than 10 years.

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