Banking General Awareness Banking Regulation System of India Question Bank Previous Years Questions - Credit Functions of Banks

  • question_answer
    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? [RBI Assistant 2015]
    (1) CARE
    (2) CRISIL
    (3) ULIP

    A)  Only (1)                     

    B)  Only (2)

    C)  (1) & (2) only 

    D)  Only (3)

    E)  All (1), (2) & (3)

    Correct Answer: C


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