A) Indian Depository Receipt (IDR)
B) European Depository Receipt (EDR)
C) Global Depository Receipt (GDR)
D) American Depository Receipt-(ADR)
E) Luxembourg Depository Receipt-(LDR)
Correct Answer: A
Solution :
An Indian Depository Receipt (IDR) is a receipt, declaring ownership of shares of a foreign company. These receipts can be listed in India and traded in rupees. The IDRs are denominated in Indian currency and are issued by a domestic depository and the underlying equity shares are secured with a custodian.You need to login to perform this action.
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