Question
Which of the following statements correctly describes
the meaning of Indian Depository Receipt (IDR)?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.
Given below are four sentences in jumbled order. Pick the option that gives their correct order.
A. She had never seen the like of it before.
...Which of the following best sums up the central idea of the paragraph formed after rearrangement?
Which of the following is the fourth sentence of the passage?
1. Even though plants and animals
P. if their occurrence is natural,
Q. can adapt themselves to
R. changes in nature
...In the following questions, a sentence is given with two blanks. Identify the correct pair of words that fit in the sentence to make it grammatically a...
Given below are five jumbled sentences. Select the option that gives their correct logical sequence.
A: While the exact cause is debated, some...
Which of the following is the third sentence if the passage?
Given below are four sentences, which are jumbled. Pick the option that gives the correct order.
P - He decided to make curd with the remaining m...
Which of the following is the fourth sentence after rearrangement?
The beautiful house and
P. a tinge of sadness in
Q. its visible luxury caused
R. the heart of the poor porter
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