Answer / guest

global depository receipt

Answer / nikhilesh yadav

Global Depositary Receipt (GDR) is a certificate issued by
a depository bank, which purchases shares of foreign
companies and deposits it on the account. GDRs represent
ownership of an underlying number of shares.

Global Depository Receipts facilitate trade of shares, and
are commonly used to invest in companies from developing or
emerging markets.

Prices of Global Depositary Receipt are often close to
values of related shares, but they are traded and settled
independently of the underlying share.

Several international banks issue GDRs, such as JPMorgan
Chase, Citigroup, Deutsche Bank, Bank of New York. GDRs are
often listed in the Frankfurt Stock Exchange, Luxembourg
Stock Exchange and in the London Stock Exchange, where they
are traded on the International Order Book (IOB). Normally
1 GDR = 10 Shares, but not always.

Answer / satish

global depositer receipet

Answer / s.c.bhalla

GDR means a foreign currency denominated instrument ,whether listed on an international exchange or not,issued by a foreign depository in a permissible jurisdiction on the back of permissible securities issued or transferred to that foreign depository and deposited with a domestic custodian

what is IFRS ?Brifely explain.

2 Answers   Innodata,

---

Machinery Rate is 12000/- and residual value is 2000/- and life span is 10yrs.Calculate the dep in Straight line method.

8 Answers   Genpact,

---

Please do tell me about the questions which are asked at BACS FINAL ROUND.

0 Answers   BA Continnum Solutions, Bank Of America,

---

We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

0 Answers   Vini,

---

Short Answer on _________Accounts Receivable

0 Answers  

---

What is suspense Account?

22 Answers   Accenture, Amazon, Genpact, IBM, manappuram, TN,

---

1. A firm buys stock for $100 by cheque and intends to sell it for $200, so the double entry should be a) Debit bank $100 and credit stock $ 100 b) Credit bank $ 200 and debit stock $ 200 c) Debit purchases $100 and credit sales $ 200 d) Debit purchases $ 100 and credit bank $ 100

3 Answers   FactSet Systems,

---

When we issue credit note for free goods charged in invoice, whether we claim sales tax from the dept.

1 Answers  

---

who audit the audit firms?

1 Answers   PWC,

---

For More Questions In E&Y,Earnest and Young, Banglore Mail TO "tvsethu@gmail.com". i can Guid u.

0 Answers   Ernst Young,

---

i request you to give me the sbi bank a/c cleark post , syallbus and any book related to sbi bank a/c clerk

3 Answers   HCL,

---

What is the working formula for Working Capital

2 Answers  

---