An instrument representing ownership interest in securities of a foreign issuer is referred to as
A. An ownership certificate
B. A depositary receipt
C. An ownership receipt
D. None of the above
Answer: A depositary receipt
More Financial Law MCQs and Answers
29. Bank rate means
34. Which one of the following Banks in India had started the special promotional and developmental activities to meet the twin objectives of balanced regional development and accelerated industrial growth in the country?
35. Which one of the following development Financial Institutions in India has started the special refinance scheme for the resettlement and rehabilitation of Voluntary Retired workers of the National Textile Corporation (NIC)?