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What is an Indian Depository Receipt?a)A deposit account with a Public Sector Bank against underlying debentures of the issuing companyb)A depository account with any of the depositories in India against underlying preference shares of the issuing companyc)An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing companyd)An instrument in the form of deposit receipt issued by the Indian governmente)None of theseCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about What is an Indian Depository Receipt?a)A deposit account with a Public Sector Bank against underlying debentures of the issuing companyb)A depository account with any of the depositories in India against underlying preference shares of the issuing companyc)An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing companyd)An instrument in the form of deposit receipt issued by the Indian governmente)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is an Indian Depository Receipt?a)A deposit account with a Public Sector Bank against underlying debentures of the issuing companyb)A depository account with any of the depositories in India against underlying preference shares of the issuing companyc)An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing companyd)An instrument in the form of deposit receipt issued by the Indian governmente)None of theseCorrect answer is option 'C'. Can you explain this answer?.

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