is a negotiable instrument issued by an international depository bank, representing a foreign company stock, trading on global stock Exchanges.

Related MCQs

•              is a negotiable instrument issued by a US bank, representing non-US company stock, trading on the US stock Exchange.
• In ADR/GDR process, _ issues depository receipts in foreign markets.
• In ADR and GDR process, _______ issues the depository Receipts in Foreign Markets.
• When a company has receipts & payments in the same foreign currency due at the same time, it can use technique of managing foreign exchange risk.
•                    bond is issued in a local market by a foreign borrower, denominated in local currency
• __________ bond is issued in a local market by a foreign borrower, denominated in local currency.
• _________ records all international transactions that involve creation of assets and liabilities in foreign currencies.
• An account which is held within a domestic country by a foreign bank, in a currency of domestic country is known as account
• An account which is held within a domestic country by a foreign bank, in the currency of domestic country _________________
•                can authorize a person/company to deal in foreign exchange.