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GDR is

(A) in Indian currency

(B) in Pound

(C) in Dollar

(D) none of these

1 Answer

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Best answer

Correct option is (C) in Dollar

A GDR (Global Depository Receipt) is a financial instrument denominated in U.S. dollars that represents ownership of a certain number of shares in a foreign company. It allows investors to invest in foreign companies without needing to directly purchase shares on a foreign stock exchange.

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