Question
A Global Depository Receipt is a bank certificate that is basically issued in more than one country for shares in a foreign company.
Answer: Option A
:
A
Was this answer helpful ?
:
A
True. A Global Depository Receipt is a bank certificate that is basically issued in more than one country for shares in a foreign company. These shares are held by a foreign branch of an international bank. These shares trade like domestic shares, but these are offered for sale globally through various branches of the banks.
Was this answer helpful ?
More Questions on This Topic :
Latest Videos
Latest Test Papers
Submit Solution