ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) was set up in.....by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional Investment Information and Credit Rating Agency.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) was set up in____by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional Investment Information and Credit Rating Agency.

A	2004
B	1999
C	1995
D	1991

Explanation:

Detailed explanation-1: -ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency.

Detailed explanation-2: -The company changed its name to ICRA Limited, and went public on 13 April 2007, with a listing on the Bombay Stock Exchange and the National Stock Exchange.

Detailed explanation-3: -The Investment Information and Credit Rating Agency (ICRA) has its headquarters in Gurugram. ICRA Limited (ICRA) is an Indian independent and professional investment information and credit rating agency.

Detailed explanation-4: -The objective of ICRA is to provide guidance and information to individuals as well as institutions. Furthermore, it wants to enhance the ability of issuers and borrowers to access the capital and money market. Also, it assists in promoting transparency to the regulators in financial markets.

Detailed explanation-5: -There are a total of seven credit agencies in India viz, CRISIL, CARE, ICRA, SMREA, Brickwork Rating, India Rating and Research Pvt.

There is 1 question to complete.