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    Question

    What primary roles do NSDL and CCIL play in the Indian

    financial markets?
    A NSDL is a depository; CCIL is a clearing house. Correct Answer Incorrect Answer
    B Both are stock exchanges. Correct Answer Incorrect Answer
    C NSDL regulates banks; CCIL regulates insurance. Correct Answer Incorrect Answer
    D CCIL is for retail; NSDL is for wholesale. Correct Answer Incorrect Answer
    E None of the above. Correct Answer Incorrect Answer

    Solution

    NSDL (National Securities Depository Limited) holds securities in dematerialized form. CCIL (Clearing Corporation of India Ltd) provides clearing and settlement for Government Securities (G-Secs), Money Markets, and Foreign Exchange.

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