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Question

SEBI recently introduced 'T+0' settlement on an optional basis. What does this mean?

A Trades must be settled within 10 days.

B Settlement of funds and securities happens on the same day as the trade.

C No taxes will be levied on trades made on Tuesdays.

D Trading is only allowed for 0 hours a day.

E It only applies to government bonds.

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Relevant for Exams:

IIFCL Grade A/B

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