As per the FEMA, foreign security means (i) stock certificate expressed in Indian rupee. (ii) debenture expressed in foreign currency. (iii) debenture expressed in foreign currency but redemption will...

(i) stock certificate expressed in Indian rupee.

(ii) debenture expressed in foreign currency.

(iii) debenture expressed in foreign currency but redemption will take place in Indian currency.

(iv) all of the above.