Question
Recently which regulatory body has issued a framework
for dealing with suspension, cancellation, or surrendering of the license of credit rating agencies?Solution
The Securities and Exchange Board of India (SEBI) has issued a framework for dealing with suspension, cancellation or surrendering of license of credit rating agencies (CRAs) to ensure orderly migration of the ratings.The regulator has directed CRAs to disclose prominently on their website of SEBI’s order on suspension or cancellation. Further,they should allow their clients to withdraw any assignment given to the CRA, without any additional cost. Also, not take any new clients or fresh mandates. However, in case of suspension of certificate, the credit ratings assigned by the CRA shall not be valid during the period of suspension. SEBI Headquarters: Mumbai Chairman: Madhabi Puri Buch A credit rating agency is a company that reviews the creditworthiness of an entity that is in the process of or has already issued debt. The resulting credit ratings are used by investors to evaluate whether they should invest in debt securities.
In each of the question given below, a statement has been given with a blank. Some words or phrases have been given in the options following the statem...
- In each of the following sentences, there is a blank space. Below each such sentence, there are four options with one word each. Fill up the blank with the...
Directions: Complete the sentence with the appropriate word(s).
The historical artifact, when carefully examined, revealed details that were _...
Its no use asking them what happened because they will _______________ a story, which will be believed by everyone.
On July 12, one of the ____________ significant documents on Australia’s ties with India was released in Canberra. More than 500 pages long, the repor...
Select the most appropriate word to fill in the blank.
I ______ something burning now.
It has been ____________, for example, that a general spiral pattern will result simply from the fact that the galaxy has differential rotation; i.e., t...
In light of the recent economic downturn, it is essential for the institution to _____ its strategies and _____ its operations to remain competitive.
People these days , do not pay attention to accident victims showing an _______ behaviour , rather than ___________ for help.
North Korean troops were working under _______________on the roads on its side of the border near the west and east coasts that are likely preparations ...
