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    5. What is the term used to describe a statistically generated number that reflects an individual's cre

    Question

    What is the term used to describe a statistically

    generated number that reflects an individual's creditworthiness?
    A Credit company Correct Answer Incorrect Answer
    B Credit score Correct Answer Incorrect Answer
    C Credit history Correct Answer Incorrect Answer
    D Credit rating Correct Answer Incorrect Answer
    E all of the above Correct Answer Incorrect Answer

    Solution

    A credit score is a number statistically generated which indicates credit worthiness of an individual.

    Practice Next
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    Relevant for Exams:

    • Union Bank of India Credit Officer
    • PNB SO Credit Officer Scale 1
    • UBI Assistant Manager Credit Officer 2025

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