BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ECAI
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RBI
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SEBI
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NSIC
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Detailed explanation-1: -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-2: -There are seven credit rating agencies in India including CRISIL, ICRA, CARE, India Ratings and Research Pvt Ltd, Acuite Ratings & Research, Brickwork Ratings India Pvt.
Detailed explanation-3: -SMERA, widely known as ‘The SME Rating Agency’, is a credit rating agency in India that provides credit ratings primarily of small and medium-sized enterprises. Initially an initiative of the Ministry of Finance, Govt.
Detailed explanation-4: -Who regulates rating agencies? Credit rating agencies are regulated by SEBI.