BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Securities and Exchange Board of India Act, 1992
|
|
|
Reserve Bank of India Act, 1934
|
|
|
Banking Regulation Act, 1949
|
|
|
Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999
|
Detailed explanation-1: -Notes: SMERA has been registered under Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999. SMERA is registered with the Securities and Exchange Board of India (SEBI) as 6th Credit Rating Agency in India.
Detailed explanation-2: -The Board, on being satisfied that the applicant is eligible, has to grant a certificate of registration in Form B and has to send an intimation to the applicant.
Detailed explanation-3: -In India, the Securities and Exchange Board of India (SEBI) primarily regulates credit rating agencies and their functioning.
Detailed explanation-4: -SME Rating Agency of India Limited (SMERA) is a joint initiative by SIDBI (www.sidbi.in), Dun & Bradstreet Information Services India Private Limited (D&B) (www.dnb.co.in), Credit Information Bureau (India) Limited (CIBIL) (www.cibil.com) and several leading banks in the country.
Detailed explanation-5: -Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 [Last amended on January 24, 2022]