From Feb India became the second country to move to the T+1 stock settlement mechanism in a phased m

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IndiawillbecomethesecondcountryafterChinatomovetotheT1stocksettlementmechanisminaphasedmannerUnderthisnewmechanismthebuyerandsellerofshareswillgettheirsharesandmoneyrespectivelywithin24hoursTheT1stocksettlementmechanismwillmaketheexistingsharepurchaseanditssaleprocessmuchfasterandmoreconvenientforallstakeholderslsquoTrsquoinT1representsthelsquoTradersquodayandlsquo1rsquomeansadayextraSupposeyouplaceanordertobuysharesonMondaythenbyTuesdayeveningtheshareswillgetcreditedtoyourDemataccountFromWednesdaymorningyoucantradeusingthesharesbought

Question

From Feb India became the second country to move to the

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Relevant for Exams:

Question

From Feb India became the second country to move to the

Solution

Relevant for Exams:

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