are negotiable instruments and are created when an investor purchases share of a foreign company in...........

Economic Affairs Foreign Investment

__________ are negotiable instruments and are created when an investor purchases share of a foreign company in the overseas market and the same is deposited with a custodian of the depository.

Global Depository Receipts

Participatory Notes

Sub account notes

B notes

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Explanation:

Exp:

A global depository receipt (GDR), also known as international depository receipt (IDR), 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.

Participatory Notes commonly known as P-Notes or PNs are instruments issued by registered foreign institutional investors (FII) to overseas investors, who wish to invest in the Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board of India - SEBI.