5 Questions
Clearing Members are not required to allocate collateral placed with NSE Clearing Ltd. to the clients as per the SEBI Circular.
False
According to the SEBI Circular, other forms of collateral such as Cash, Fixed Deposits, Bank Guarantees or Government Securities cannot be used while depositing collaterals.
False
Client ID POZ711 received a cash component allocation from Clearing Member ZERODHA BROKING LIMITED.
True
The SEBI Circular does not mandate segment-wise allocation of collaterals by Clearing Members.
False
Collateral can only be allocated to the proprietary account of the Clearing Member and not to any client account.
False
This quiz discusses the SEBI Circular which outlines the procedure for allocating collaterals such as Cash, Fixed Deposits, Bank Guarantees or Government Securities provided through different routes into proprietary accounts of CMs, TMs, and clients including Custodial Participants.
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