Question
How is "credit scoring" defined under the Credit
Information Companies (Regulation) Act, 2005?Solution
Section 2. Definitions (g) “credit scoring” means a system which enables a credit institution to assess the credit worthiness and capacity of a borrower to repay his loan and advances and discharge his other obligations in respect of credit facility availed or to be availed by him.
 As per FEMA maximun amount a resident individual can pay in India, for meeting of medical expense of a NRI close relative is __
Match the following measures of money supply with their correct descriptions:
1. M1
2. M2
3. M3
A. M1 + Savings deposits wit...
How capital adequacy ratio is calculated:
Which among the following is not an associate or subsidiary company of SIDBI?
According to the provisions of the Companies Act for issuing a red herring prospectus, which of the following statements is correct?
Which states are covered under the Green National Highway Corridors Project (GNHCP) supported by the World Bank?
For a company, Bank Overdrafts and Outstanding Expenses will be termed as
Which of the following statements regarding the classification of financial markets is/are correct?
1. Debt markets are primarily concerned with ...
When contrasting exchange-traded derivatives and over-the-counter derivatives, credit risks
Which type of goods are described as having perfectly inelastic demand?