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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-1

  • question_answer
    Which of the following is a credit information company in India?

    A)  CARE                          

    B)  ONICRA

    C)  CIBIL  

    D)  ICRA

    E)  CRISIL

    Correct Answer: C

    Solution :

     Credit Information Bureau (India) Limited is India's first Credit Information Company (CIC) founded in August 2000. CIBIL collects and maintains records of an individual's payments pertaining to loans and credit cards. These records are submitted to CIBIL by member banks and credit institutions, on a monthly basis. 


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