Economics · Financial Markets
In the historical context of Indian stock exchanges, the term 'Badla' refers to:
- 1The settlement of spot transactions directly using physical cash instead of electronic clearing
- 2A margin trading facility introduced exclusively for foreign institutional investors
- 3The penalty charge imposed by SEBI on brokers involved in illegal insider trading
- 4A carry-forward mechanism that allowed traders to postpone transaction settlement to the next clearing cycle by paying a charge✓
Correct answer
A carry-forward mechanism that allowed traders to postpone transaction settlement to the next clearing cycle by paying a charge
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