BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Credit Analysis and Research Limited, 1993
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Credit Analysis and Research Establishment, 1992
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Credit Arrangement and Research Enterprises, 1996
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None of the Above
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Detailed explanation-1: -Credit Analysis & Research Ltd (CARE) commenced its operations in the year 1993 has established itself as the leading credit rating agency of India.
Detailed explanation-2: -Credit Analysis and Research limited (CARE) Launched in 1993, CARE offers credit rating services to areas such as corporate governance, debt ratings, financial sector, bank loan ratings, issuer ratings, recovery ratings, and infrastructure ratings.
Detailed explanation-3: -Care Ratings Ltd. Credit Analysis and Research was incorporated as Credit Analysis and Research Limited on April 21, 1993 at Mumbai, Maharashtra as a public limited company under the Companies Act.
Detailed explanation-4: -For this purpose, the UGC has established “Consortium for Academic and Research Ethics” (CARE) for creation and maintenance of “Reference List of Quality Journals”.
Detailed explanation-5: -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.