New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The depository receipts raised by Indian companies in

    the American market are called as?
    A Global Depository Receipts Correct Answer Incorrect Answer
    B American Depository Receipts Correct Answer Incorrect Answer
    C Indian Depository Receipts Correct Answer Incorrect Answer
    D Asian Depository Receipts Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The depository receipts raised by Indian companies in the American market are called American Depository Receipts (ADRs). Those raised in some other countries are called Global Depository Receipts (GDRs). They form a part of the Capital account in the context of the Balance of Payments.

    Practice Next

    Relevant for Exams: