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What is the full form of "GDR"?

A. Global Development Resources

B. Global Depository Receipt

C. Gross Domestic Rate

D. Guarantee Domestic Resource

Answer: Option B

Solution(By Examveda Team)

A global depositary receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company. GDRs list shares in two or more markets, most frequently the U.S. market and the Euromarkets, with one fungible security.

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