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What is the role of the Central Securities Clea... - SS2 Accounting Components of Financial System E.g. Banks, Insurance, NSE, SEC, CSCS Question

What is the role of the Central Securities Clearing System?

A

To oversee the securities markets

B

To provide clearing, settlement, and depository services for securities transactions

C

To provide loans to individuals and businesses

D

To regulate stock exchanges and brokers

correct option: b
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