What is the purpose of the Clearing Corporation of India Limited (CCIL) in the Indian capital market?
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.
What happens when dilute hydrochloric acid is added to iron fillings?
The Battle of Haldighati' was fought in the year-
If the battle of Plassey was considered to be the beginning of British Rule then by which battle they completed the conquest of India?
Bhadla Solar Park is located at -
Match the following awards 2019:
(a) Best Translator Award 1. Pulavar V. Prabhakar...
125th birth anniversary of legendary Alluri Sitarama Raju has celebrated, He was associated with which Field?
Which of the following articles of the Indian Constitution talk about citizenship?
The Ideal of Justice mentioned in the Preamble is taken from?
Which among the following is not a book/work of Arundathi Roy?
The hill at Bairath, where the remains of the Buddhist Vihara have been found, is known as-