BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Simple Alphanumeric Symbols
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Special Symbols
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Numerical
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None of the above
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Detailed explanation-1: -Rating is denoted by a simple alphanumeric symbol, for e.g. AA+, A-, etc.
Detailed explanation-2: -A credit rating is always denoted by alphabetical symbols like AA+, A-. Keep in mind that the plus and minus symbols reflect the finer distinctions of your credit rating. A minus symbol does not have a negative connotation. If you rating is ‘AA-’, then it is better than ratings like ‘A+’.
Detailed explanation-3: -How is credit rating expressed/denoted? Credit ratings are generally expressed using a letter-based system or alphanumeric system with symbols, for example A-, AA+, AAA, A1+, A1-etc.
Detailed explanation-4: -A credit rating agency (CRA) is a company that rates debtors on the basis of their ability to pay back their interests and loan amount on time and the probability of them defaulting.
Detailed explanation-5: -Note. CRISIL Ratings may apply modifiers "+” (plus) / “-” (minus) with the rating symbols for the categories ‘CRISIL AA (SO)’ to ‘CRISIL C (SO)’. The modifiers reflect the comparative standing within the category. CRISIL Ratings may assign rating outlooks for ratings from ‘CRISIL AAA’ to ‘CRISIL B’.