NCERT · Class 11 · Business Studies · Sources of Business FinanceADR (American Depositary Receipts) are issued in:
Step-by-Step Solution
ADRs are financial instruments issued by an American bank representing shares of a non-US company, and they are traded in American stock markets.
Detailed Options Breakdown
Option : India
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Sources of Business Finance.
Option 1: USA (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: UK
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Sources of Business Finance.
Option 3: Japan
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Sources of Business Finance.
💡 Study Guide: This question tests core syllabus concepts from Sources of Business Finance. For formulas, key summaries, and mock exam reference guides, read the full Sources of Business Finance Revision Notes.