Question

Which organization was set up under the supervision of SEBI for clearing and settlement of trades by NSE?

a.

National Stock Exchange (NSE)

b.

Bombay Stock Exchange (BSE)

c.

National Securities Clearing Corporation Ltd. (NSCCL)

d.

Over-the-Counter Exchange of India

Answer: (c).National Securities Clearing Corporation Ltd. (NSCCL) Explanation:Under the supervision of SEBI, NSCCL was set up by NSE for clearing and settlement of trades.

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Q. Which organization was set up under the supervision of SEBI for clearing and settlement of trades by NSE?

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