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What is the primary role of the Clearing and Settlement department in MCX?
  • a)
    Monitoring real-time trades
  • b)
    Facilitating the delivery of commodities
  • c)
    Managing the clearing and settlement of transactions
  • d)
    Determining spot prices for commodities
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary role of the Clearing and Settlement department in ...
The correct answer is Option C. The primary role of the Clearing and Settlement department in MCX is to manage the clearing and settlement of transactions. This department ensures that contracts are settled correctly, margins are maintained, and delivery obligations are met.
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What is the primary role of the Clearing and Settlement department in MCX?a)Monitoring real-time tradesb)Facilitating the delivery of commoditiesc)Managing the clearing and settlement of transactionsd)Determining spot prices for commoditiesCorrect answer is option 'C'. Can you explain this answer?
Question Description
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