Question
What is the purpose of a "CIBIL score" in the context of
banking in India?Solution
The Credit Information Bureau (India) Limited (CIBIL) score is a numerical representation of an individual's creditworthiness based on their credit history. Lenders use this score to evaluate the risk of lending money or extending credit to an individual.
More Accounts Questions
The unit of Cation exchange capacity is
Agriculture and Agronomy are derived from
1 bale of jute is equal to _____kg.
Which of the following is a dicotyledonous weed?
ICAR – Central Institute of Agriculture Engineering is located at
Rubber research institute is established at
Problem of weed is more in case of
“Golden treasure” of Assam is known to which silk
- Minimum isolation distance of foundation seed of hybrid bajra is
Mostly plants absorb micronutrients in
