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      Question

      What is the significance of the Sebi's approval of

      Crisil’s ESG Ratings & Analytics?
      A It introduces new financial products. Correct Answer Incorrect Answer
      B It allows Crisil to rate financial institutions only Correct Answer Incorrect Answer
      C It marks Crisil as a Category 1 provider for ESG ratings Correct Answer Incorrect Answer
      D It decreases the demand for independent ESG ratings Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Sebi's approval marks Crisil as a Category 1 provider of ESG ratings, significant for supporting independent ESG ratings.

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