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Question
Correct the underlined words and rewrite the following sentence:
Depository Receipt traded in USA is called as Global Depository Receipt.
Correct and Rewrite
Solution
Depository Receipt traded in USA is called as American Depository Receipt.
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Sources of Borrowed Capital - American Depository Receipt (ADR)
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Chapter 2: Sources of Corporate Finance - Exercises [Page 37]
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
A depository receipt traded in ______ is called American Depository receipt.
Write a word or a term or a phrase which can substitute the following statement.
A Dollar denominated instrument traded in USA.
Find the odd one.
Answer in one sentence.
In which country can ADR be issued?
Match the pairs.
| Group A | Group B |
| a) ADR | 1) Fixed Assets |
| b) Bonus issue | 2) CRISIL |
| c) Fixed capital | 3) Issued to existing equity shareholders |
| d) Credit rating | 4) Fixed liabilities |
| e) Equity share capital | 5) Offered to existing employees |
| 6) Venture capital | |
| 7) USA | |
| 8) Safe capital | |
| 9) Japan | |
| 10) MCA |
