🎴 Flashcard Mode
Credit Information Companies (Regulation) Act, 2005
Card1 / 15
Mastered0
Review0
QuestionClick to flip
What is the primary objective of the Credit Information Companies (Regulation) Act, 2005?
AnswerClick to flip back
A
To regulate the activities of credit information companies
💡 Explanation:
The main purpose of the Act is to regulate the operations of credit information companies and ensure that they adhere to fair and ethical practices in the collection, processing, and dissemination of credit information.