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With reference to the eligibility norms for entities tapping into data from credit information companies (CICs), consider the following statements:1. According to rules a company must be owned and controlled by resident Indian citizens to become a specified user with a credit bureau.2. In order to be eligible as a ‘specified user’ under the Credit Information Companies (Amendment) Regulations, 2021, an entity must be a company incorporated in India or a statutory corporation established in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the eligibility norms for entities tapping into data from credit information companies (CICs), consider the following statements:1. According to rules a company must be owned and controlled by resident Indian citizens to become a specified user with a credit bureau.2. In order to be eligible as a ‘specified user’ under the Credit Information Companies (Amendment) Regulations, 2021, an entity must be a company incorporated in India or a statutory corporation established in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the eligibility norms for entities tapping into data from credit information companies (CICs), consider the following statements:1. According to rules a company must be owned and controlled by resident Indian citizens to become a specified user with a credit bureau.2. In order to be eligible as a ‘specified user’ under the Credit Information Companies (Amendment) Regulations, 2021, an entity must be a company incorporated in India or a statutory corporation established in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.

Solutions for With reference to the eligibility norms for entities tapping into data from credit information companies (CICs), consider the following statements:1. According to rules a company must be owned and controlled by resident Indian citizens to become a specified user with a credit bureau.2. In order to be eligible as a ‘specified user’ under the Credit Information Companies (Amendment) Regulations, 2021, an entity must be a company incorporated in India or a statutory corporation established in India.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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