What is the significance of the T+2 settlement cycle in the Indian capital market?
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.
Shaoli Mitra,74 years old an Indian actress passed away on 16 January, 2022 she hails from which state of India?
SmartHub Vyapar programme” & ‘ AutoFirst ’ app was launched by which of the following bank ?
What does the Supreme Court's judgment on the electoral bonds scheme and related amendments declare?
In December 2023, what was the value of Unified Payment Interface (UPI) transactions?
Transparency International released Corruption Perceptions Index (CPI) 2021. What is India’s rank in this?
Professor Deepak Dhar has become the first Indian to be awarded the Boltzmann Medal. He shares the medal with John J Hoefield of Princeton University. I...
According to the World Bank, which of the following became the first country in the world to receive $100 billion from remittances during 2022?
Who was sworn in as the Chief Information Commissioner, with the oath administered by President Droupadi Murmu at Rashtrapati Bhavan?
RBI has launched _________ the second phase of the central bank’s medium-term strategy for strengthening regulatory and supervisory mechanisms.
What is the name of the fifth Kalvari class submarine inducted into the Indian Navy?
