Which of the following statements is/are correct about Non-convertible debentures (NCDs)? 1. Non-convertible debentures (NCDs) are debt instruments that companies issue to investors to raise money for their capital requirements. 2. NCDs regularly pay interest at a fixed rate for a fixed tenure till maturity. 3. Non-banking financial companies (NBFC) and Housing finance companies (HFCs) in India have been the most frequent issuers of NCDs in the market. Select the correct answer using the codes given below: - Study24x7
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Which of the following statements is/are correct about Non-convertible debentures (NCDs)? 1. Non-convertible debentures (NCDs) are debt instruments that companies issue to investors to raise money for their capital requirements. 2. NCDs regularly pay interest at a fixed rate fo...

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A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

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