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.
Working together, A and B can do a certain work in 45 days. They work together for 10 days. They complete the remaining work in 28 days with the assista...
A and B together can complete a piece of work in 30 days while A alone can complete 50% of the work in 25 days. Find the time taken by B to compl...
A man travelled a total distance of 200 km. He travelled first 150 km on car with a speed of 30 km/h and rest of the distance on bike whose speed is 20 ...
‘A’ can do a piece of work in 12 days. ‘B’ can do 60% of the same work in 18 days. If they work together for the entire time and get paid Rs.154...
A and B can complete a work together in 32 days. If A alone can complete one-fourth of the work in ‘x’ days and remaining work is completed ...
P and Q can do a piece of work in 32 and 40 days respectively. They began to work together but P leaves after sometimes and Q completed remaining work i...
Two workers A and B were put to some work. If A worked alone, he would have taken 8 hours more than when both A and B had worked together. If B worked a...
A and B can complete a work together in 20 days. If A alone can complete one-fourth of the work in ‘x’ days and remaining work is completed by B alo...
A can finish a task in 32 days, while B can complete the same task 8 days sooner than A. If they together earn a total of Rs. 1050 for the job, how much...
‘A’ and ‘B’ can complete a certain work in 20 days and 10 days, respectively. They started working together and worked till completion of the wo...
