n NISM Certifications
XIII NISM Series XIII
Medium

Why is the Clearing Corporation important?

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

Options

  1. A

    It deals with stock exchanges

  2. It guarantees settlement for all trades

    Correct answer

  3. C

    It only handles bonds

  4. D

    It manages client accounts

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

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