A clustered index determines the physical order of data in a table.
A clustered index determines the physical order of data in a table. As the clustered index dictates the physical storage order of the data in the table, a table can contain only one clustered index. However, the index can comprise multiple columns (a composite index), like the way a telephone directory is organized by last name and first name.
A clustered index is particularly efficient on columns that are often searched for ranges of values.
Source: MSDN (Using Clustered Indexes)