BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these is not a credit rating agency?
A
ICRA
B
Moody?s
C
Standard & Poor?s
D
Price water house
Explanation: 

Detailed explanation-1: -There are a total of seven credit agencies in India viz, CRISIL, CARE, ICRA, SMREA, Brickwork Rating, India Rating and Research Pvt. Ltd and Infomerics Valuation and Rating Private Limited.

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: -ICRA is an Indian independent and professional investment information and credit rating agency. UPSC CDS (I) 2022 Marks Out!

There is 1 question to complete.