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Explanation: The number of recent credit inquiries is a critical metric in assessing a customer's creditworthiness. A high number of inquiries often indicates financial stress or aggressive credit-seeking behavior, which correlates with an increased risk of loan default. Financial institutions incorporate this metric into credit scoring models, such as FICO, as it provides a quantifiable indicator of potential risk. Coupled with other variables like payment history and debt-to-income ratio, this measure helps lenders make informed decisions and minimize default risk. Advanced data analysis techniques enhance its predictive accuracy, ensuring robust risk management. Option A: Geographic location might reveal demographic insights but is not directly predictive of loan default. Option C: Time spent on an application form has minimal correlation with default risk. Option D: Referrals indicate network strength but do not provide risk insights. Option E: Social media activity is subjective and unreliable for risk prediction in loan contexts.
Which article of the Indian Constitution deals with the power of the President in the context of preventive detention?
Consider the following statements:
1. Chairpersons of the National Human Rights Commission (NHRC) and State Human Rights Commission (SHRC) are ap...
Who among the following leaders dominated the Lucknow Pact in December, 1916?
Mahmoud Abbas, who visited New Delhi recently is the President of
__________ is the first citizen of a city in India.
How many Lok Sabha seats are allocated to Assam?
The Supreme Court of India comprises the Chief Justice and how many other Judges?
According to Article 102 of the Indian Constitution, which of the following statements about disqualifications for membership in either House of Parliam...
Article __ of the Indian Constitution ensures Abolition of Untouchability.
Which house one-third member retires after every 2 years?