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 loan helps financial inclusion?
Which survey type is usually biased because those likely to respond have had especially positive or negative experiences with a given product, service, ...
If a bank focuses on retaining profitable customers while allowing low-value accounts to close, it is applying:
The total amount of money made in one year by a person, household, or family unit is known as:
The components of strengths and weaknesses are often considered as which part of the situational analysis:
An owner of two new kittens would most likely use an experiential search or prior experiences when purchasing:
The process of segmenting a market and selecting specific segments as targets is the link between various buyers' needs and:
Customer churn rate indicates:
Which targeting strategy is most appropriate for high net-worth individuals (HNI)?
A bank introduces dynamic interest rates linked directly to customers’ credit scores. This strategy primarily reflects:
