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Options
- A
Custodians have only clearing rights
- B
Trading Members have trading and settlement rights
-
Trading-cum-Clearing Members have both trading and clearing rights
Correct answer
- D
Only A and B are true
- E
Only B and C are true
- F
Only A and C are true
- ?
All A, B and C are true
Why this is the answer
Trading Members can trade for themselves or clients but do not have clearing rights. Trading-cum-Clearing Members have both trading and clearing rights, while Custodians act as clearing members but not trading members.
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