What is an Indian Depository Receipt (IDR)?

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Answer

None of these

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Financial instruments issued in India, representing shares of a foreign company, traded on Indian stock exchanges in INR, allowing Indian investors to invest in foreign companies.

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Financial instruments issued outside India, representing shares of a foreign company, traded on Indian stock exchanges in INR, allowing Indian investors to invest in foreign companies.

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Financial instruments issued in India, representing shares of a Indian company, traded on Indian stock exchanges in INR, allowing Indian investors to invest in foreign companies.

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What is an Indian Depository Receipt (IDR)?

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