What is an Indian Depository Receipt?

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Q 1508167008.     What is an Indian Depository Receipt?


A

A deposit account with a Public Sector Bank

B

A deposit account with any of depositories in India

C

A denominated in Indian currency and are issued by a domestic depository and the underlying equity shares are secured with a custodian

D

None of the above

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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