Answer Posted / 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.
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
what are the suggestions to control NPA in rural areas?
what is the meaning of Processing Vendor/Employee payments
How to Calculate PF with interest or without interest.
What is outsider equity and time interest period ratio?
how to entry of hra
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
Short answer on _______Amendment
The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process
What is SOX
Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai