Options
-
Execution of trades
Correct answer
- B
Clearing and settlement of trades
- C
Both 1 and 2
- D
None of the above
Why this is the answer
A Trading Member is authorized to execute trades on the exchange but must rely on a Professional Clearing Member for clearing and settlement.
Test yourself for real
Take a full General NISM mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.