New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following settlement cycle means that

    trade-related settlements must be done within a day, or 24 hours, of the completion of a transaction?
    A T+I Correct Answer Incorrect Answer
    B T+1 Correct Answer Incorrect Answer
    C T+2 Correct Answer Incorrect Answer
    D T+3 Correct Answer Incorrect Answer
    E T+II Correct Answer Incorrect Answer

    Solution

    T+1 settlement cycle means that trade-related settlements must be done within a day, or 24 hours, of the completion of a transaction.

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