Question

    Which of the following statements is correct

    A. ADRs/GDRs are considered to be part of FDI, therefore need to conform to the FDI policy

    B. FIIs are not allowed to participate in ADR/GDR

    A a. Only A is correct Correct Answer Incorrect Answer
    B b. Only B is Correct Correct Answer Incorrect Answer
    C c. Both A & B are Incorrect Correct Answer Incorrect Answer
    D d. Both A & B are Correct Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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