Banking Exams General & Banking Awareness — Question 1447

Question

Which regulator reduced the timeline for the listing of shares in a public issue (IPO) to T+3 days?

  1. Reserve Bank of India
  2. Securities and Exchange Board of India
  3. Insurance Regulatory and Development Authority of India
  4. Pension Fund Regulatory and Development Authority

Correct answer

B — Securities and Exchange Board of India

Explanation (English)

SEBI shortened the IPO listing timeline to T+3 days from the issue closing date.

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