What is the term used for the day on which a stock transaction takes place?
Settlement Day
Trade Day
Delivery Day
Transaction Day
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What is the document issued by the broker that details the daily transactions and associated charges?
Trade Confirmation
Account Statement
Contract Note
Transaction Summary
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As of January 2023, how long does it typically take for purchased shares to appear in your Demat account after a buy order is executed?
Same Day (T)
Next Day (T+1)
Two Days (T+2)
Three Days (T+3)
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What is the primary purpose of the 'earmarking' process in stock settlements?
To expedite the delivery of shares to the buyer
To enhance the security of shares during the settlement process
To facilitate the calculation of brokerage fees
To streamline the transfer of funds between buyer and seller
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