Depository Receipt traded in USA is called as Global Depository Receipt.
Q.1 (B) (1) Depository Receipt traded in USA is called as Global Depository Receipt.
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Answer: Depository Receipt traded in USA is called as American Depository Receipt.
An American Depository Receipt (ADR) is issued by a US depository bank against shares of a non-US company and is traded on US stock exchanges. A Global Depository Receipt (GDR) is traded in more than one country outside the USA, mainly in Europe.
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· 28 Oct 2026
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