Economics · Economy

Which of the following statements about 'Global Depository Receipts' (GDRs) is correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1They represent equity investments in listed Indian companies traded abroad✓
2They serve as a means of external debt borrowing for Indian companies
3They are used by the Government of India to borrow directly from foreign sovereign sources
4They are investments made in domestic banks through specialized debt securities

Correct answer

They represent equity investments in listed Indian companies traded abroad

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Economy?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Economics · Economy

Who among the following founded the 'Forward Bloc'?

Which of the following statements regarding the Harappan Civilization is NOT correct?

Which ruler is generally credited with unifying much of Northern India under a single empire for the first time?

Related Practice Questions