Question

What is the main function of Clearing Corporation of India Limited?

Q: Answer-&lt;p&gt;What is the main function of Clearing Corporation of India Limited?&lt;/p&gt;

The Clearing Corporation of India Ltd was established to render guaranteed clearing and settlement functions concerning transactions in G-Secs, money, derivative markets, and foreign exchange.

A Giving clearance to corporations wishing to fetch banking license

B Clearance of NEFT and RTGS transactions

C Clearance of Cheques

D clearing and settlement functions concerning transactions in G-Secs, money, derivative markets, and foreign exchange

E None of the above

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