Advertisements
Advertisements
प्रश्न
What is GDR?
What is meant by Global Depository Receipts (GDRs)?
संक्षेप में उत्तर
उत्तर
- A GDRs is an instrument that a company issues in US dollars in order to collect foreign capital.
- It is traded on all those foreign stock exchanges where it is listed.
- For example, the GDRs issued by Reliance Industries (an Indian company) are listed on the New York Stock Exchange.
- Therefore, these can be purchased and sold only on this stock exchange.
- The term 'global' means the GDRs can be issued in any foreign country.
- Companies with a good track record issue GDRs.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
Write a word / term/ phrase which can substitute the following statement.
Depository Receipt traded in the countries other than the U.S.A.
The organisation which acts as intermediary between investors and depository.
Write short notes on Global Depository Receipt :
The depository participant has _______ number for identification.
Write notes on (Any Three)
Constituents and concepts in Depository system.
Write Short Note on:
Depository.
Give the full form of GDRs.
Explain the advantages of Global Depository Receipts (GDRs).
Explain the disadvantages of Global Depository Receipts (GDRs).
Explain the role of GDRs as sources of finance for Indian industries.
