Question

What is CIBIL score?

A A score that is used for predicting bankruptcy which is based on the formula published in 1968 by Edward I. Altman
B A three-digit numeric summary of credit history of an individual which is derived using the credit payment history across loan types
C It is an evaluation of a credit rating agency of the qualitative and quantitative information about a company who has taken loan from more than one institution.
D Is calculated by banks to find out the provisioning requirement of reported Non-Performing Assets (NPAs)
E This is used for calculating CRR and SLR requirement of the banks
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