Rukul is a regular investor in the stock market. He follows the settlement cycle of _________ on a rolling settlement basis.
Rukul is a regular investor in the stock market. He follows the settlement cycle of _________ on a rolling settlement basis.
Solution
✅ Correct Option: 1
As per the NCERT, trades in the Indian stock market are settled on a T+2 rolling settlement basis, i.e., transactions are settled within two working days of the trade date. Hence Rukul follows the T+2 days settlement cycle.
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