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Question
State whether the following statement is true or false.
Depository bank stores the shares on behalf of GDR holder.
Options
True
False
MCQ
True or False
Solution
This statement is True.
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Sources of Borrowed Capital - Global Depository Receipt (GDR)
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Chapter 2: Sources of Corporate Finance - Exercises [Page 36]
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RELATED QUESTIONS
The benefit of Depository Receipt is ability to raise capital in ___________ market.
Write a word or a term or a phrase which can substitute the following statement.
The Depository Receipt traded in country other than the USA.
Complete the sentence.
Depository receipt traded in a country other than USA is called ______
Answer in one sentence.
In which country can GDR be issued?
What is Global Depository Receipt?
