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The T+2 settlement cycle is a term used in the Indian capital market to refer to the time taken for a trade to settle after the trade date. In the T+2 settlement cycle, the settlement of trades takes place on the second business day after the trade date. The T+2 settlement cycle was introduced in India in 2003 to reduce the settlement risks and to align the Indian market with international standards. The settlement cycle is used to calculate the date on which the seller must deliver the securities and the buyer must make the payment for the securities. Hence, option A is correct.
In the context of auditing standards, which standard is associated with "Agreeing the Terms of Audit Engagements"?
What is the charging section under CGST Act, 2017
As per section 408 of the Companies Act the National Company Law Tribunal shall consist of ________________
Number of days in a month for purposes of computing taxable gratuity in case the employee is covered under the Payment of gratuity Act, 1972, are?
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Voucher relates to _________.
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