Indian Economy

General Studies (MTS)

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Indian Economy - Understanding the basics of Indian economic system

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GDR means:

gross domestic ratio‘ which is a macro aggregate

Global Depository Receipt

global development range‘ which has been set up by UNO for developing countries

Geographically developed regions‘ as defined by the UNDP

Explanation:

Global Depository Receipt (GDR) is an instrument in which a company located in domestic country issues one or more of its shares or convertibles bonds outside the domestic country.

By: Parvesh Mehta

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