Module: | HFT Presumptive List & RBI Powers
Q17: Instruments resulting from underwriting commitments must be included in Held for Trading (HFT) only if the commitments relate to securities that are …… by the bank on the settlement date.
✅ Correct Answer: A
The HFT inclusion rule for underwriting commitments applies only to commitments that relate to securities that are expected to be actually purchased by the bank on the settlement date.
This specific condition is a fine print detail in Investment Classification MCQs.
This specific condition is a fine print detail in Investment Classification MCQs.