Multiple choice

As per the reports published in the newspapers the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India ?

  1. CARE
  2. CRISIL
  3. ULIP

  1. Only 1

  2. Only 2

  3. 1 and 2 only

  4. Only 3

  5. All 1, 2 and 3
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

CARE and CRISIL are prominent credit rating agencies operating in India, whereas ULIP stands for Unit Linked Insurance Plan, which is an insurance product and not a credit rating agency.

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