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Clearing and settlement operations of NSE are carried out by (a) NSDL (b) NSCCL (c) SBI (d) CDSL

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asked Jan 13, 2018 in Business Studies by Annu Priya (18,055 points) ● 24 ● 46 ● 95

Clearing and settlement operations of NSE are carried out by

(a) NSDL

(b) NSCCL

(c) SBI

(d) CDSL

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answered Jan 13, 2018 by Annu Priya (18,055 points) ● 24 ● 46 ● 95
 
Best answer

(b) The clearing and settlement operations of NSE are carried out by NSCCL. NSCCL (National Securities Clearing Corporation Ltd.) was incorporated in august, 1995 and it commenced its clearing operations for NSE in April 1996.

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