Q1. [1]
"CRISIL is a credit rating agency in India". Which of the following is not a credit rating agency in India:
- (a) CARE
- (b) ICRA
- (c) FITCH
- (d) RBI
Previously asked in CBSE board exam
2023 92 Q2 (iv)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer
(d) RBI
RBI (Reserve Bank of India) is the central bank and a market regulator, not a credit rating agency. CARE, ICRA, and FITCH are all credit rating agencies operating in India.
Explanation
- CRISIL, CARE, ICRA, and FITCH are all credit rating agencies in India.
- RBI is the central bank/regulator of India's monetary system and securities market — it does not rate credit.
- In MCQs like this, eliminate options you recognise as credit rating agencies; what remains is the answer.
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