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

Q: 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.

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

Question

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

A Assess compliance with GST regulations Correct Answer Incorrect Answer

B Facilitate international trade negotiations Correct Answer Incorrect Answer

C Evaluate the probability of default (PD) for MSMEs Correct Answer Incorrect Answer

D Replace existing MSME registration systems Correct Answer Incorrect Answer

E Monitor MSME export volumes Correct Answer Incorrect Answer

Solution

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.

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