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Commerce · Q197

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 197

Q197

Which of the following assumes the counterparty risk of each member and guarantees financial settlement?

A.
SEBI
B.
Central Depository Services Ltd. (CDSL)
C.
The National Depository Services Ltd. (NSDL)
D.
The National Securities Clearing Corporation Ltd. (NSCCL)
Answer

Answer: Option D

Solution

Answer: Option D
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