American Depositary Receipts (ADRs) are issued in _______.

Canada

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China

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India

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USA

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Solution

The correct option is D USA
ADR stands for American Depositary Receipts. American Depositary Receipts are the Depositary receipts issued by banks in USA. It is a certificate which represents a specified number of shares by a foreign stock traded on the USA exchange.

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Similar questions

Depositary receipts that are traded in an international market other than the United States are referred to as

A receipt issued by the commanding officer of the ship when the cargo is loaded on the ship is known as

(a) Shipping receipt

(b) Mate receipt

(d) Charter receipt

A Global Depository Receipt is a bank certificate that is basically issued in more than one country for shares in a foreign company.

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