T+2 settlement cycle in a stock exchange means, the trade is settled ———— daysafter the trade

Question:

T+2 settlement cycle in a stock exchange means, the trade is settled ———— daysafter the trade

A.

1 day

B.

same day as the trade

C.

2 days

D.

3 days

Answer» c. 2 days

Note: The above multiple-choice question is for all general and Competitive Exams in India