TSPSC Prelims and Mains Notes-TSPSC 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 shares in equity of other countries. One of the most common types of DRs is the American depositary receipt (ADR), which has been offering companies, investors and traders global investment opportunities since the 1920s. Indus Valley Civilization
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.