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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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