Question

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1 Once, some P.G.T in Commerce of Delhi (State) were sent to "Chicago University' for training. In the course
of training there was a discussion on several latest subjects related to commerce. One of the subjects was
Modern Source of Finance : An Introduction'. In the course of discussion on different 'Sources of Finance',
the characteristics of some of them were the following:
The first source of finance was such through the medium of which finance could be obtained from the
investors of America and European countries.
The second financial source was the one through which the foreign companies could get finance from
the investors of India.
The third financial source was such through which finance could be obtained only from the Americans.
On the last financial source of discussion an Indian speaker threw light. He told that in India there
was such a financial source in vogue in which both the sides of investing and receiving finance were
em companies. This is a good source of short-term financial arrangement.
(i) Identify the financial source which is used to get finance from America and European
countries.
(ii) Identify the financial source used by foreign companies to obtain finance from Indian
investors.
(iii) Identify the security which can be issued only in America.
(iv) Identify the financial source through which short-term finance is arranged and in which
both the sides are companies.
ting and receiving finance were

Answer 1

Answer:

I) global depositary receipts

2) IDR

3) ADR

Explanation:

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