What does the term "clearing corporation" refer to as

Q: Answer-What does the term 'clearing corporation' refer to as per the Securities Contracts (Regulation) (Sto...

Regulation 2 Definitions d clearing corporation means an entity that is established to undertake the activity of clearing and settlement of trades in securities or other instruments or products that are dealt with or traded on a recognized stock exchange and includes a clearing house and a limited purpose clearing corporation specified under Chapter IV-A.

per the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018?

A An entity established to provide financial advice and investment planning services

B An entity established to facilitate the initial public offering of securities

C An entity established to undertake the activity of clearing and settlement of trades in securities or other instruments traded on a recognized stock exchange

D An entity established to regulate the activities of brokers and dealers in the securities market

E An entity established to offer insurance and risk management services for financial transactions

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What does the term "clearing corporation" refer to as

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