Question
Credit Information Bureau (India) Limited CIBIL is
India’s credit information bureau which provides consumers credit scores to a closed user group of members. Which regulatory body governs CIBIL in India?Solution
Credit Information Bureau (India) Limited (CIBIL), India's first Credit Information Bureau was established by the Reserve Bank of India to improve the functionality and stability of the Indian financial system by containing non-performing assets (NPAs) while improving credit grantors' portfolio quality. RBI approved three other credit bureaus in 2010 – CRIF High Mark (earlier High Mark), Equifax and Experian. The consumer credit scores in India range from 300 to 900.
A measure of how the returns of two risky assets move in relation to each other is the:
Which of the following is not a derivative?
A company’s 1000 par preferred stock pays a Rs 50 annual dividend and has a required rate of return is 8%. Calculate the value of the preferred stock...
Which of the following is not an objective of a forward contract?
The RBI uses the PCA framework to keep track of banks with poor financial performance, this framework was introduced in:
Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for providing loans up to ………………�...
Small Finance Banks’ (SFB) major goal is to promote and provide banking services to the underbanked and underprivileged segments of society, the prop...
Which of the following measures the time decay on option premium?
The provisions related to CSR are given under which section of the Companies Act 2013?
ABC Inc’s Income statement shows a sale of Rs 2000, COGS of Rs 800, Pre-Interest Operating Expenses of Rs 600 and Interest expenses of Rs 200. Intere...
Relevant for Exams:
