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1 FINANCE MCQS

The unit that guarantees all buying and selling transactions made by traders on an exchange is called __________.

  • Trading house
  • Guarantee house
  • Clearing house
  • Professional house
Correct Answer: C. Clearing house

Detailed Explanation

A clearing house is a specialized financial institution that acts as an intermediary between buyers and sellers in financial markets. It guarantees that both parties fulfill their obligations in a trade. By managing settlement, recording transactions, and reducing counterparty risk, clearing houses maintain trust and stability in stock exchanges, commodity markets, and derivatives trading.

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