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

    Question

    Which credit rating agency, specifically catering to

    micro, small, and medium enterprises (MSME) in India, offers comprehensive services?
    A CRISIL Correct Answer Incorrect Answer
    B CIBIL Correct Answer Incorrect Answer
    C SMERA Correct Answer Incorrect Answer
    D SIDBI Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    SME Rating Agency of India Limited (SMERA) is a joint initiative by SIDBI, Dun & Bradstreet Information Services India Private Limited (D&B), Credit Information Bureau (India) Limited (CIBIL) and several leading banks in the country. SMERA is the country’s first rating agency that focuses primarily on the Indian SME segment. SMERA's primary objective is to provide ratings that are comprehensive, transparent and reliable. This would facilitate greater and easier flow of credit from the banking sector to SMEs

    Practice Next
    More The Management Basics Questions

    Relevant for Exams:

    ask-question