Business Studies · Securities Contracts (Regulation) Act, 1956
A clearing corporation under Section 8A of the Securities Contracts (Regulation) Act, 1956:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Deals only with government securities
- 2Operates independently without SEBI supervision
- 3Must be incorporated under the Companies Act and approved by SEBI✓
- 4Can be formed only by the Central Government
Correct answer
Must be incorporated under the Companies Act and approved by SEBI
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