n NISM Certifications
VII NISM Series VII
Medium

The Clearing Corporation's contribution to the Core Settlement Guarantee Fund (SGF) must be at least ____ percent of the Minimum Required Corpus (MRC).

Practice question from NISM Series VII Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    25%

  2. B

    40%

  3. 50%

    Correct answer

  4. D

    75%

Why this is the answer

Clearing Corporation contributes at least 50% of MRC; stock exchange contributes at least 25%.

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NISM Series VII Mock Test 6