Economics · Economy

With reference to Depository Receipts (DRs), consider the following statements: I. Depository Receipts are financial instruments that represent ownership in shares of a foreign company and are traded on international exchanges. II. Indian investors can gain exposure to foreign companies through instruments such as American Depository Receipts. III. In India, Global Depository Receipts issued abroad are treated as part of Foreign Direct Investment inflows. Which of the statements given above are correct?