Question
Which of the following statement about Indian Depository
Receipt is correct?Solution
Indian Depository Receipt (IDR) is a financial instrument denominated in Indian Rupees in the form of a depository receipt. The IDR is a specific Indian version of the similar global depository receipts (GDR) It is created by a Domestic Depository (custodian of securities registered with the SEBI) against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities markets. The foreign company IDRs will deposit shares to an Indian depository. The depository would issue receipts to Indian investors against these shares. The benefit of the underlying shares (like bonus, dividends etc.) would accrue to the depository receipt holders in India.
Which is the Fastest train in India?
The manufacturing of steam engine in Chittaranjan Locomotive Works was stopped in:
______ implies transformation of various inputs into outpur, thereby increasing the want-satisfying capacity of inputs.
In which colour are the railway lines and telephone lines shown in the topographic map?
The passenger bogies of the Indian Railways are manufactured at which of the following places?
Which of the following Indian railways zones has launched India's longest electrified railway tunnel?
In the Eastern Corridor, an electrified double-line segment of 126 km runs between
Indian Railways launches ‘Rail Post Gati Shakti Express Cargo Service’ along with which institution?
Which railway station has received the first green Platinum rating in 2019?
Which is the Longest train in India?
