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

    Question

    Which organization announced the reduction of the

    Initial Public Offer listing timeline from T+6 days to T+3 days, effective from December 2023?
    A RBI (Reserve Bank of India) Correct Answer Incorrect Answer
    B SEBI (Securities and Exchange Board of India) Correct Answer Incorrect Answer
    C NSE (National Stock Exchange) Correct Answer Incorrect Answer
    D BSE (Bombay Stock Exchange) Correct Answer Incorrect Answer
    E IRDAI (Insurance Regulatory and Development Authority of India) Correct Answer Incorrect Answer

    Solution

    Markets regulator Sebi announced that it has reduced the timeline for listing of IPOs from existing T+6 days to T+3 days. Under the new rules, which come into effect from December 2023, IPOs will have to mandatorily list after 3 days of the issue closing date.

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