Business Studies

____ is a foreign currency denominated derivative instrument in the form of depository receipt created outside India and issued to non-resident investors.


ANSWER

GDR


SOLUTION
GDR is a foreign currency denominated derivative instrument in the form of depository receipt created outside India and issued to non-resident investors. GDR stands for Global Depository Receipt. It is a bank certificate issued in more than one country for shares in a foreign company.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 197
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Which one of the statements applies only to Preference Shareholders?
  • A. Shareholders risk the loss of investment.
  • B. Shareholders bear the risk of no dividends in the year of losses.
  • C. Shareholders usually have the right to vote.
  • D. Dividends are usually a fixed amount in every financial year.

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Subjective Medium
Explain any five types of debentures through which a company can collect borrow capital from the public.

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
Shares in the company are _________________.
  • A. restricted
  • B. freely transferable
  • C. partially transferable
  • D. none of the above

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
To guard against the dangers of excess payment arising out of double insurance or over insurance made by the insured, insurance companies provide in their agreement _________________.
  • A. Average clause
  • B. Subrogation clause
  • C. Risk clause
  • D. Indemnity clause

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
The shares of a company are________. 
  • A. non-transferable
  • B. fixed
  • C. none of the above
  • D. transferable

Asked in: Business Studies - Sources of Business Finance


1 Verified Answer | Published on 18th 08, 2020

View Answer