Multiple choice general knowledge

As per SEBI requirements, a broker has to deliver shares to the investor:

  1. within 36 hours of pay-out.

  2. within 5 working days of pay-out.

  3. within 24 hours of pay-out.

  4. within 48 hours of pay-out.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

As per SEBI (Securities and Exchange Board of India) regulations, brokers must deliver shares to investors within 48 hours of pay-out. This is part of the settlement cycle regulations to ensure timely delivery of securities to investors.

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