Finance · Financial Markets
The Securities Contracts (Regulation) Act 1956 provides the legal framework for the regulation of stock exchanges and transactions in securities. Under this act, a specific type of contract is defined where the delivery of securities and payment of the price are made simultaneously or within a very short period. What is the terminology used for these contracts in the Indian legal and regulatory context?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Option Contracts
- 2Spot Delivery Contracts✓
- 3Forward Contracts
- 4Derivative Contracts
Correct answer
Spot Delivery Contracts
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