ADRs’ and GDRs’ are an excellent means of investment to invest in India for
American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) are negotiable foreign-currency depository certificates traded on overseas exchanges that enable…
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ADRs’ and GDRs’ are an excellent means of investment to invest in India for
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Correct answer C
American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) are negotiable foreign-currency depository certificates traded on overseas exchanges that enable 'Both NRIs’ and Foreign nationals' (as well as overseas institutional investors) to invest in shares of Indian companies without direct domestic settlement hurdles.
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UGC NET Commerce