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

  • google app store apple app store
  • ✖

      Question

      Which of the following best reflects the purpose of

      credit ratings provided by agencies like CRISIL or ICRA?
      A Measure a bank’s profitability Correct Answer Incorrect Answer
      B Certify the financial statements Correct Answer Incorrect Answer
      C Indicate the issuer’s creditworthiness Correct Answer Incorrect Answer
      D Suggest investment strategies Correct Answer Incorrect Answer
      E Calculate yield-to-maturity Correct Answer Incorrect Answer

      Solution

      Credit ratings are independent assessments that reflect the ability of an issuer to meet its debt obligations. They guide investors but are not a guarantee.

      Practice Next
      ask-question