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The maximum amount that an Indian company can issue as ADR...

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International Finance and Treasury
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The maximum amount that an Indian company can issue as ADR/GDR in a year is

Answer & Solution
Correct Answer: Option D
The maximum amount that an Indian company can issue as ADR/GDR in a year is No monetary ceiling. The Monetary Ceiling is the maximum amount for which a Member can be held liable (ie. the cap) where a Court determines that the Member is compliant with all relevant obligations.
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