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

    Question

    What did the Securities and Exchange Board of India

    (Sebi) approve regarding settlement and market regulations? 
    A Launch of same day settlement (T+0) for all securities Correct Answer Incorrect Answer
    B Launch of same day settlement (T+0) for a limited set of 25 scrips with a limited number of brokers Correct Answer Incorrect Answer
    C Introduction of a three-day settlement period (T+3) for initial public offerings (IPOs) Correct Answer Incorrect Answer
    D Uniform approach for verification of market rumours based on internal investigations Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Securities and Exchange Board of India (Sebi) approved the launch of same day settlement (T+0) for a limited set of 25 scrips with a limited number of brokers along with other measures to bring flexibility for initial public offerings (IPOs), Alternative Investment Funds (AIFs), and Foreign Portfolio Investors (FPIs). 

    Practice Next