The Government of India recently issued norms for Indian
Depository Receipts (IDRs). Which of the following is NOT
TRUE in this regard ?
(1) The companies would have a pre-issue paid up capital and
free reserves of at least 500 million US $.
(2) Average turnover of the company should be 500 million US $.
(3) The norm of average turnover of 500 million US $ should
be during the three preceding years of financial performance.
(4) The company should have declared a dividend of not less
than 10% during the last five years.
(5) All such companies need prior nod of SEBI.
- 1 Answers
- 3457 Views
- I also Faced
- E-Mail Answers
Answer / guest
( 4 ) The company should have declared a dividend of not
less than 10% during the last five years.
| Is This Answer Correct ? | 0 Yes | 0 No |
The Romantics is the first fiction work of which writer? 1 Raj Kamal Jha 2 Slaman Rushdie 3 Taru Tejpal 4 Pankaj Mishra
The Vikram Sarabhai Space Centre is located at (A) Dehradun (B) Thumba (C) Nellore (D) Arvi
When did UNO officially come into existence? 1 1947 2 1939 3 1945 4 1950
which of the following Insurance Companies sold a record number of Varishtha Bima Yojana Policies and earned Rs.3100 crore from the sales? 1 SBI life 2 Oriental Insurance 3 General Insurance 4 Life Insurance Corporation of India
The sexagesimal counting system was developed by the: (a) Chinese (b) Indus valley people (c) Mesopotamians (d) Egyptians
Difference between credit card and debit card
4 Answers State Bank Of India SBI,
The waterfall ?Victoria? is associated with the river (a) Amazon (b) Missouri (c) St. Lawrence (d) Zambeji
In wich State is the ?Modhera? Sun Temple located? 1 Gujarat 2 Andhra Pradesh 3 Maharastra 4 Madhya Pradesh
The sub-tropical belts of high pressure are also called: (a) high pressure belts (b) horse latitudes (c) Wet latitudes
If there is any disagreement between the Rajya Sabha and the Lok Sabha over a Bill, the President will convene a joint sitting of both Houses of Parliament within a period of (a) One year (b) Two years (c) Six months (d) Five years
In Hinayana Buddhism, the practice was to represent Buddha not by his image but by certain symbols like: (a) lotus (b) wheel (c) foot print (d) All the three above
Which state has the longest coastal line? 1 West Bengal 2 Gujarat 3 Andhra Pradesh 4 Orissa
UPSC 
