📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    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.

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question