Question

The number of days within which the stock exchange is supposed to resolve dispute at their end is

• A. 10
• B. 15
• C. 20
• D. 30

Hint:

For stock exchange and investor grievance questions, always remember that the dispute resolution process is generally time-bound to ensure speedy redressal. Here, the important number is {15 days}.

Answer 1

The Correct Option is B

Step 1: Understanding the dispute resolution timeline.}
In the stock market grievance redressal mechanism, stock exchanges are required to handle and resolve investor disputes or complaints within a prescribed time limit. This timeline is fixed so that investor grievances are addressed quickly and efficiently without unnecessary delay.

Step 2: Identifying the correct number of days.}
As per the standard dispute resolution framework followed by stock exchanges, the dispute is supposed to be resolved at their end within 15 days. This makes the process time-bound and helps in protecting the interests of investors.

Step 3: Comparison with other options.}

• (A) 10: Incorrect. This is shorter than the prescribed dispute resolution period.
• (B) 15: Correct. This is the prescribed number of days within which the stock exchange is expected to resolve the dispute at its level.
• (C) 20: Incorrect. This is more than the usual prescribed time limit.
• (D) 30: Incorrect. This is too long for the stock exchange level dispute resolution period in this context.

Step 4: Conclusion.}
Therefore, the correct answer is 15 days, since stock exchanges are supposed to resolve the dispute within this period at their end.
Final Answer:} 15 days.