Site navigation

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…

Choose your answer

ADRs’ and GDRs’ are an excellent means of investment to invest in India for

Select one answer
Answer and explanation

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.

Practice for these exams

  • UGC NET Commerce

Related question papers

Related exam syllabi

Related questions in this topic