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    Question

    What is an Indian Depository

    Receipt?
    A A deposit account with a Public Sector Bank Correct Answer Incorrect Answer
    B A depository account with any of depositories Correct Answer Incorrect Answer
    C An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company Correct Answer Incorrect Answer
    D An instrument in the form of deposit receipt issued by Indian depositories Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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