foreign company ‘Certo Ltd.’ Wants to collect money from the capital
market of India. The financial manager of the company, Mrs. George wants to
issue such a Financial Instruments as instead of being in dollars shall be
denominated in rupees. One of the characteristics of this financial instrument
is also that it can be got listed in any Indian stock exchange. Identify this
financialinstrument.
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Answer:
Indian Depositery Receipt (IDR)
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