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With reference to the 9th Integrated Ratings of State Power Distribution utilities and Rankings, consider the following statements:
1. The Integrated Rating exercise is carried out on an annual basis since 2012 as per the methodology approved by Ministry of Power.
2. ICRA and CARE are the designated credit rating agencies.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the 9th Integrated Ratings of State Power Distributi...
Union Power Minister releases 9th Integrated Ratings of State Power Distribution utilities and Rankings for the rating period FY 2019-20.
  • The Integrated Rating exercise is carried out on an annual basis since 2012 as per the methodology approved by Ministry of Power.
  • The exercise presently covers 41 States distribution utilities spread across 22 States. ICRA and CARE are the designated credit rating agencies.
  • The Ninth Integrated Ratings have been carried out by ICRA Analytics Limited (IAL) & CARE Advisory Research & Training Limited (CART), the consulting arms of ICRA ratings and CARE respectively.
  • Power Ministry has mandated Power Finance Corporation (PFC) to co-ordinate with the utilities, rating agencies & MoP during the rating exercise.
Hence both statements are correct.
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With reference to the 9th Integrated Ratings of State Power Distribution utilities and Rankings, consider the following statements:1. The Integrated Rating exercise is carried out on an annual basis since 2012 as per the methodology approved by Ministry of Power.2. ICRA and CARE are the designated credit rating agencies.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?
Question Description
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