Use app×
Ask a Question
QUIZARD
QUIZARD
JEE MAIN 2026 Crash Course
NEET 2026 Crash Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE

Explain National Clearance and Depository System (NCDS).

← Prev Question Next Question →
0 votes
119 views
in Commerce by (70.5k points)
closed by

Explain National Clearance and Depository System (NCDS).

Challenge Your Friends with Exciting Quiz Games – Click to Play Now!

1 Answer

+1 vote
by (70.4k points)
selected by
 
Best answer
  1. This system was created chiefly to help overcome the problem of settlement and clearance of transactions consequent to the enormous workload on the clearing agencies and share transfer agencies.
  2. The problems mainly arose out of systematic risks like counterparty risk, credit risk, bad deliveries, long-delayed delivery, counterfeit scripts, and forged scripts.
← Prev Question Next Question →

Find MCQs & Mock Test

  1. JEE Main 2026 Test Series
  2. NEET Test Series
  3. Class 12 Chapterwise MCQ Test
  4. Class 11 Chapterwise Practice Test
  5. Class 10 Chapterwise MCQ Test
  6. Class 9 Chapterwise MCQ Test
  7. Class 8 Chapterwise MCQ Test
  8. Class 7 Chapterwise MCQ Test

Related questions

0 votes
1 answer
Write a note on National Clearance and Depository System (NCDS).
asked Aug 21, 2020 in Commerce by Jatin01 (49.7k points)

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

User Contribution to Sarthaks eConnect
Managed by Sarthaks Digitizing India
...