McqMate
| Q. |
What is an Indian depository receipt? |
| A. | A deposit account with a public sector bank. |
| B. | It is a depository account with any of the depositories in India. |
| C. | An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company. |
| D. | None of the above is correct. |
| Answer» A. A deposit account with a public sector bank. | |
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