GPSC Prelims and Mains Notes, GPSC Test Series
A depositary receipt (DR) is a type of negotiable (transferable) financial security that is traded on a local stock exchange but represents a security, usually in the form of equity, that is issued by a foreign publicly listed company. The DR, which is a physical certificate, allows investors to hold
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Probable questions:
Public Economics
Study of economic efficiency, distribution and government economic policy.
Developed out of the original political economy of JS Mill and David Ricardo. It is a very important branch of economics because of the foundation
it provides for practical policy analysis.
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