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.
Brimstone is easily burned without any extraneous help; (A)/indeed the only precaution required is (B)/to take care lest the heat produced by (C)/the bu...
 I. On December 10, Andhra Pradesh constituted (A)/ a 21 member high level multi-disciplinary committee (B)/ to investigate the disease that was effec...
Below is given a sentence divided in parts. Read the sentence to find out whether there is any error in it. The error, if any, will be in one p...
There is scepticism and there is doubts (A)/whether wider consultations would (B)/result in cacophony, making the task (C)/of arriving at a solution mu...
The scientists called back (A)/more research (B)/to identify (C)/the chemicals responsible (D).
In each of the following questions, a sentence is divided into four parts (A), (B), (C) and (D), One of these parts may contain an error. Identify the ...
The Captain along with (A)/ his team has been (B)/ invited to the function (C)/ No Error (D)
The transition by online classes (A)/to offline education was smooth (B)/for the much part, (C)/ with teachers and students (D)/adapting at COVID-19 saf...
In the question given below, a sentence is given, divided into parts. One of the parts may contain an error. Identify the part that contains t...
Identify the segment in the sentence that contains a grammatical error.
India's achievements / on the cricket field/has invigorated/ the entire nation.
