BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SMERA Ratings Limited is a full-service Credit Rating Agency, registered with
A
ECAI
B
RBI
C
SEBI
D
NSIC
Explanation: 

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.

There is 1 question to complete.