UPSC PRELIMS · ECONOMICS · FINANCIAL MARKETS AND CREDIT RATING AGENCIES
Consider the following statements: 1. In India credit rating agencies are regulated by the Reserve Bank of India. 2. The rating agency popularly known as ICRA is a public limited company. 3. Brickwork Ratings is an Indian credit rating agency. Which of the statements given above are correct?
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
Credit rating agencies are regulated by SEBI rather than RBI; ICRA is a public limited company and Brickwork Ratings is an Indian CRA.
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