BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Credit rating is____
|
|
is used to rate the borrowers while giving advances
|
|
|
is used to work out the performance of the employees
|
|
|
is used to calculate the number of excellent audits rated branches
|
|
|
is not used in any bank
|
Explanation:
Detailed explanation-1: -A credit rating is a quantified assessment of the creditworthiness of a borrower in general terms or with respect to a financial obligation. Credit ratings determine whether a borrower is approved for credit as well as the interest rate at which it will be repaid.
There is 1 question to complete.