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Options
- A
All transactions conducted by the clearing member are routed through this general account
- B
This account is solely for processing payments to and from SEBI
- C
Payments to clients and receipts from clients must be processed through this account only
-
All payments to and from the Clearing Corporation must be processed through this account only
Correct answer
Why this is the answer
The clearing bank account is used exclusively for settlement payments with the clearing corporation.
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