Preference shares, in case the holders of these have a right to convert their preference sharesinto equity shares at their option according to the terms of issue, such shares are called :

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Non-convertible Preference Share

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Cumulative Preference Share

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Non-cumulative Preference Share

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Convertible Preference Share

1.	Preference shares, in case the holders of these have a right to convert their preference sharesinto equity shares at their option according to the terms of issue, such shares are called :
A.	Cumulative Preference Share
B.	Non-cumulative Preference Share
C.	Convertible Preference Share
D.	Non-convertible Preference Share
Answer» D. Non-convertible Preference Share

Preference shares, in case the holders of these have a right to convert their preference sharesinto equity shares at their option according to the terms of issue, such shares are called :

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