What is an Indian Depository Receipt?
Options
- An instrument in the form of deposit receipt issued by Indian depositories
- An instrument in the form of depository receipt created by an Indian Depository against underlying
equity shares of the issuing company
- A deposit account with any of Depositories in India
- A deposit account with a Public Sector Bank
CORRECT ANSWER : An instrument in the form of depository receipt created by an Indian Depository against underlying
equity shares of the issuing company
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