Answer-The primary objective of the FIT Rank for MSMEs is to:

Answer c Evaluate the probability of default PD for MSMEs Explanation FIT Rank is a risk-ranking model designed to estimate the probability of default PD for MSMEs within the next 12 months using financial, income, and trade data.

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

Question

The primary objective of the FIT Rank for MSMEs is to:

A Assess compliance with GST regulations

B Facilitate international trade negotiations

C Evaluate the probability of default (PD) for MSMEs

D Replace existing MSME registration systems

E Monitor MSME export volumes

Practice Next

More Current Financial Awareness Questions

The Ministry of Commerce & Industry has released the 5th edition of the LEADS annual exercise - LEADS 2023 report, which provides insights into improvem...
Recently new Crab Species named Ghatiana Dwivarna has been discovered from Which state?
Who won the Best Actor in a Leading Role (Male) award at the 68th Hyundai Filmfare Awards?
What key factor does the "Free to Think 2024" report cite as a threat to academic freedom in India?
Who is inaugurating the "International Conference on Recent Advances in Bio-energy Research – 2023" (ICRABR - 2023) organized by Sardar Swaran Singh N...
The Union Health Ministry has introduced a new treatment for multidrug-resistant tuberculosis (MDR-TB). What is it called?
Who replaced Mahendra Chhajed in the Committee of Advisors for Abhyudaya Cooperative Bank Ltd.?
In Feb 2022, TATA Sky rebranded itself as _____?
Under the “PM-CARES for Children” scheme a corpus of ____________ will be allocated to each of these children from the PM CARES fund.
Recently Tata Steel unveils 7 mn pound green investment plan for which of the following European country?

The primary objective of the FIT Rank for MSMEs is to:

Solution