SSC Economics Sample Paper NCERT Sample Paper-3

  • question_answer
    Consider the following statements
    1. Indian Depository Receipt is an instrument denominated in Indian Rupees in the form of a depository receipt created by' the custodian of securities registered with the Securities and Exchange Board of India against the underlying equity of issuing company.
    2. Standard Chartered PLC became the first global company to file for an issue of Indian depository receipts in India. Which of the statements given above is/are correct?

    A)  Only 1 

    B)  Only 2

    C)  Both 1 and 2

    D)  neither 1 nor 2

    Correct Answer: C

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