Which of the following is a receipt, declaring ownership of shares of a foreign company. which can be listed in India and traded in rupees? A. ADR B. GDR C. IDR D. EDR E. None of the Above

1 Answer

Answer :

C. IDR Explanation: An IDR(Indian Depository Receipts)is a receipt, declaring ownership of shares of a foreign company. These receipts can be listed in India and traded in rupees.

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