BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the followings is the major stakeholder in CRISIL?
A
Standard and Pours’
B
Fitch Ratings Inc.
C
Moody’s
D
Dun and Bradstreet
Explanation: 

Detailed explanation-1: -Standard and Poor’s (S&P) is the majority shareholder of CRISIL, so it is also called Standard & Poor’s company.

Detailed explanation-2: -CRISIL’s majority shareholder is Standard & Poor’s, a division of McGraw Hill Financial and provider of financial market intelligence.

Detailed explanation-3: -CRISIL is majority owned by S&P Global Inc, a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide.

Detailed explanation-4: -It facilitates businesses to take up comprehensive and conclusive business and investment decisions. It additionally helps small lenders to take up the right lending calls and allow them to make correct business decisions. The agency performs extensive due diligence and financial analysis.

There is 1 question to complete.