The settlement cycle in NSE is ______ days.

T+2

The correct answer is Option (4) → T+2.

Rolling Settlement System refers to the method of settling trades in the stock market, where the settlement of a trade takes place a few days after the trade date. The most common system is T+2, meaning that the settlement occurs two days after the trade date (i.e., the buyer must pay and the seller must deliver the securities within two working days after the trade). This system improves liquidity and reduces the risk of defaults.