BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Moody’s Investors Service and Standard & Poor’s
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Fitch Ratings
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CRISIL
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ICRA
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Detailed explanation-1: -Moody’s and S&P are located in the United States, and they dominate 80% of the international market. Fitch is located in the United States and London and controls approximately 15% of the global market.
Detailed explanation-2: -The Big Three Agencies The global credit rating industry is highly concentrated, with three agencies-Moody’s, Standard & Poor’s, and Fitch-controlling nearly the entire market.
Detailed explanation-3: -Equifax, Experian, and TransUnion, the top three U.S. credit bureaus, are private companies that collect and sell credit information on individual consumers to lenders and others. While the three bureaus have similar functions, they also have some differences, including in the information they report.
Detailed explanation-4: -Moody’s Investors Service provides international financial research on bonds issued by commercial and government entities. Moody’s, along with Standard & Poor’s and Fitch Group, is considered one of the Big Three credit rating agencies. It is also included in the Fortune 500 list of 2021. New York City, U.S.