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Consider the following statements about Indian Depository Receipts. 1. IDR is an instrument in the form of a depository receipt created by the Indian depository in India against the underlying equity shares of the issuing company.2. In an IDR, foreign companies would issue shares to an Indian depository, which would in turn issue depository receipts to investors in India.3. The actual shares underlying IDRs would be held by an Overseas Custodian, which shall authorise the Indian depository to issue of IDRsWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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the UPSC exam syllabus. Information about Consider the following statements about Indian Depository Receipts. 1. IDR is an instrument in the form of a depository receipt created by the Indian depository in India against the underlying equity shares of the issuing company.2. In an IDR, foreign companies would issue shares to an Indian depository, which would in turn issue depository receipts to investors in India.3. The actual shares underlying IDRs would be held by an Overseas Custodian, which shall authorise the Indian depository to issue of IDRsWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements about Indian Depository Receipts. 1. IDR is an instrument in the form of a depository receipt created by the Indian depository in India against the underlying equity shares of the issuing company.2. In an IDR, foreign companies would issue shares to an Indian depository, which would in turn issue depository receipts to investors in India.3. The actual shares underlying IDRs would be held by an Overseas Custodian, which shall authorise the Indian depository to issue of IDRsWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Consider the following statements about Indian Depository Receipts. 1. IDR is an instrument in the form of a depository receipt created by the Indian depository in India against the underlying equity shares of the issuing company.2. In an IDR, foreign companies would issue shares to an Indian depository, which would in turn issue depository receipts to investors in India.3. The actual shares underlying IDRs would be held by an Overseas Custodian, which shall authorise the Indian depository to issue of IDRsWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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Here you can find the meaning of Consider the following statements about Indian Depository Receipts. 1. IDR is an instrument in the form of a depository receipt created by the Indian depository in India against the underlying equity shares of the issuing company.2. In an IDR, foreign companies would issue shares to an Indian depository, which would in turn issue depository receipts to investors in India.3. The actual shares underlying IDRs would be held by an Overseas Custodian, which shall authorise the Indian depository to issue of IDRsWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements about Indian Depository Receipts. 1. IDR is an instrument in the form of a depository receipt created by the Indian depository in India against the underlying equity shares of the issuing company.2. In an IDR, foreign companies would issue shares to an Indian depository, which would in turn issue depository receipts to investors in India.3. The actual shares underlying IDRs would be held by an Overseas Custodian, which shall authorise the Indian depository to issue of IDRsWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Consider the following statements about Indian Depository Receipts. 1. IDR is an instrument in the form of a depository receipt created by the Indian depository in India against the underlying equity shares of the issuing company.2. In an IDR, foreign companies would issue shares to an Indian depository, which would in turn issue depository receipts to investors in India.3. The actual shares underlying IDRs would be held by an Overseas Custodian, which shall authorise the Indian depository to issue of IDRsWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Consider the following statements about Indian Depository Receipts. 1. IDR is an instrument in the form of a depository receipt created by the Indian depository in India against the underlying equity shares of the issuing company.2. In an IDR, foreign companies would issue shares to an Indian depository, which would in turn issue depository receipts to investors in India.3. The actual shares underlying IDRs would be held by an Overseas Custodian, which shall authorise the Indian depository to issue of IDRsWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements about Indian Depository Receipts. 1. IDR is an instrument in the form of a depository receipt created by the Indian depository in India against the underlying equity shares of the issuing company.2. In an IDR, foreign companies would issue shares to an Indian depository, which would in turn issue depository receipts to investors in India.3. The actual shares underlying IDRs would be held by an Overseas Custodian, which shall authorise the Indian depository to issue of IDRsWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.