A) Commercial Depository Receipt (CDR)
B) Inter Continental Depository Receipt (ICDR)
C) International Depository Receipt (IDR)
D) Domestic Depository Receipt (DDR)
E) National Depository Receipt (NDR)
Correct Answer: C
Solution :
Global depository receipt (GDR) is also known as international depository receipt (IDR). It is a certificate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account. They are the global equivalent of the original American depository receipts (ADR) on which they are based.
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