vivi


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Question { Reliance, 73363 }

What is GDR?


Answer

Global Depositary Receipt.

A certificate issued by the banks in some country for shares
of a foreign company. The shares are held by the branch of
an international bank in that country. And the shares trade
as domestic shares but are offered for sale globally through
the various bank branches.

Is This Answer Correct ?    76 Yes 22 No