Question

    What is the standard range of a CIBIL score used for

    individual credit evaluation in India?
    A 0 – 1000 Correct Answer Incorrect Answer
    B 200 – 900 Correct Answer Incorrect Answer
    C 300 – 900 Correct Answer Incorrect Answer
    D 500 – 1000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The CIBIL score (credit score) typically ranges from 300 to 900. • Above 750 is considered excellent. • Lenders use this score to evaluate a borrower's credit history, repayment behavior, and risk level for approving MSME and retail loans.

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