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Gearing and settlement operations of NSE are carried out by -

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Question

Clearing and settlement operations of NSE are carried out by

Options

  • NSDL

  • NSCCL

  • SBI

  • CDSL

MCQ

Solution

NSCCL

Explanation - 

NSCCL handles the clearing and settlement activities for the NSE. NSCCL (National Securities Clearing Corporation Ltd.) was founded in August 1995 and began clearing for the New York Stock Exchange in April 1996.

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National Stock Exchange of India (NSE)
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