📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ BIG BEE DAYS Are Live - Spin the Wheel to Get BIGGEST DISCOUNT of the Year -âš¡

    Question

    The CIBIL MSME Rank (CMR) is a credit score that helps

    lenders assess the risk of lending to MSMEs. What is the scale used for CMR?
    A 1-5 Correct Answer Incorrect Answer
    B 1-10 Correct Answer Incorrect Answer
    C 1-100 Correct Answer Incorrect Answer
    D 1-500 Correct Answer Incorrect Answer
    E 1-1000 Correct Answer Incorrect Answer

    Solution

    Published by TransUnion CIBIL, the CIBIL MSME Rank (CMR) is a credit score that helps lenders assess the risk of lending to Micro, Small, and Medium Enterprises (MSMEs). The CMR is a grade on a scale of 1 to 10, with CMR-1 being the least risky and CMR-10 being the most-risky.  The CMR is calculated using a variety of factors, including: • Credit history • Payment behavior • Credit utilization ratio • Outstanding debt • Industry type and business size • Liquidity • Firmographic

    Practice Next
    More Accounts Questions

    Relevant for Exams:

    ask-question