Question
From Feb India became the second country to move to the
T+1 stock settlement mechanism in a phased manner. Which is the 1st country?Solution
India will become the second country after China to move to the T+1 stock settlement mechanism in a phased manner. Under this new mechanism, the buyer and seller of shares will get their shares and money, respectively, within 24 hours. The T+1 stock settlement mechanism will make the existing share purchase and its sale process much faster and more convenient for all stakeholders. ‘T’ in T+1 represents the ‘Trade’ day and ‘+1’ means a day extra. Suppose, you place an order to buy shares on Monday then by Tuesday evening the shares will get credited to your Demat account. From Wednesday morning you can trade using the shares bought.
Who won the 2016 Formula-1 Rolex Australian Grand Prix?
In what year was Sikkim formally incorporated as a state of India?
Which Rajput ruler fought against Babur at the Battle of Khanwa in 1527?
Match the following mountain ranges in India with their respective locations in the southern direction:
1. Nanda Devi
2. K2
3. Anamudi
4. Dodabetta
Which are the participating institution in call money market
Which movie was selected as India’s official entry for the best foreign language film category of the 2019 Academy (Oscar) Awards?
Mrinal Sen, who passed away on 30 December 2018, was an eminent personality in the field of-
Nahar Wildlife Sanctuary is located in which state of India?
On which date International Day of Neutrality is celebrated annually?
RBI withdrew the requirement of incremental CRR after the demonetisation in 2016 by using following tool to absorb the excess liquidity in the system �...
Relevant for Exams:
