Which of the following statements correctly describes the meaning of Indian Depository Receipt (IDR)?
Indian Depository Receipt (IDR) is a financial instrument denominated in Indian Rupees in the form of a depository receipt. The IDR is a specific Indian version of the similar global depository receipts (GDR) It is created by a Domestic Depository (custodian of securities registered with the SEBI) against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities Markets. The foreign company IDRs will deposit shares to an Indian depository. The depository would issue receipts to Indian investors against these shares. The benefit of the underlying shares (like bonus, dividends etc.) would accrue to the depository receipt holders in India.
What is the role of the Insurance Ombudsman in India?
Which of the following would have the primary responsibility of understanding the risks run by the bank and ensuring that the risks are appropriately ma...
Which ratios are a measure of the speed with which various accounts are converted into sales or cash?
An investment fund that is traded on an exchange is known as
In which kind of finance, the buyer is given credit under the line of credit by the exporter’s bank and the exporter will be made to export?
What will be the impact on the unsystematic risk of a portfolio as the number of stocks in a portfolio increases?
___________ Constitution Amendment Act, 2018 provides constitutional status to the National Commission for Backward Classes (NCBC).
Who among the following cannot issue commercial papers?
The Risk based supervision (RBS) for banks was introduced in 2012 by RBI. Which of the following is correct regarding RBS?
What is the maximum percentage of investible funds that Category III AIFs can invest in a single portfolio entity?