Clearing and settlement operations of NSE are carried out by

(a) NSDL

(b) NSCCL

(c) SBI

(d) CDSL

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Solution

The clearing and settlement operations of NSE are carried out by NSCCL. NSCCL (National Securities Clearing Corporation Ltd.) was incorporated in august, 1995 and it commenced its clearing operations for NSE in April 1996.

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Clearing and settlement operations of NSE is carried out by

The settlement cycle in NSE is

(a) T+5

(b) T+3

(d) T+1

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