n NISM Certifications
VIII NISM Series VIII
Medium

A defaulting member's clients’ positions could be transferred to ____________ by the Clearing Corporation.

Practice question from NISM Series VIII - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Suspense account

  2. Another solvent member

    Correct answer

  3. C

    The Exchange

  4. D

    Error account

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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NISM Series VIII - Mock Test 2