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The Clearing Corporation of India Limited (CCIL) is a subsidiary of the Reserve Bank of India (RBI) and provides centralized clearing and settlement services for trades in the money, government securities, and forex markets. CCIL was established in April 2001 to bring about improvements in the functioning of the market and to ensure the safety and stability of the market. The main function of CCIL is to act as a counterparty to all trades executed in the markets it operates in and to guarantee the settlement of these trades. Hence, option C is correct.
Lack of access to financial services is technically known as:
E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN. It is based on which technology?
As per the RBI guidelines, Banks will be able to offer short-term crop loans up to one year at what percent of rate per annum?
The difference between current assets and current liabilities can be defined as______________.
Many times we read a term CBS used in banking operation. What is the full form of the letter ‘C’ in the term ‘CBS’?
In BCBS, 'S' stands for ?
The Maximum time period of the Recurring Deposit is
How many Banks were nationalized in the Second Phase of Nationalization of Banks?
KYC guidelines followed by the Banks have been framed on the recommendations of the ______
Where are the headquarters of Bharatiya Mahila Bank?
