Question

The settlement cycle at NSE has been reduced from T+3 to T+2.

• A. True
• B. False

Answer 1

The correct option is A True

The settlement cycle at NSE has been reduced from T+3 to T+2- this is a true statement.Meeting international benchmarks and standards is one of the objectives of NSE. NSE ensures equal access for investors all over the country with the help of appropriate communication network. The NSEI was established by financial institutions, insurance companies and banks. NSE is managed by professionals, who do not directly or indirectly trade on the exchange.