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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Choose the Correct Answer. An instrument representing ownership interest in securities of a foreign issuer is called ___________ - Commerce

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Question

Choose the Correct Answer.

An instrument representing ownership interest in securities of a foreign issuer is called ___________

Options

  • an ownership certificate

  • a depositary receipt

  • an ownership receipt

  • None of the above

MCQ
Fill in the Blanks

Solution

An instrument representing an ownership interest in securities of a foreign issuer is called a depositary receipt.

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Chapter 20: International Finance - Exercises [Page 207]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 20 International Finance
Exercises | Q I. 1. | Page 207
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