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Assertion: Credit scoring models are objective and unbiased in their assessment of a borrowers creditworthiness.Reason: Credit scoring models use statistical algorithms that are designed to eliminate any potential biases or discrimination.a)Both assertion and reason are true, and the reason is the correct explanation of the assertion.b)Both assertion and reason are true, but the reason is not the correct explanation of the assertion.c)The assertion is false, but the reason is true.d)Both assertion and reason are false.Correct answer is option 'A'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Assertion: Credit scoring models are objective and unbiased in their assessment of a borrowers creditworthiness.Reason: Credit scoring models use statistical algorithms that are designed to eliminate any potential biases or discrimination.a)Both assertion and reason are true, and the reason is the correct explanation of the assertion.b)Both assertion and reason are true, but the reason is not the correct explanation of the assertion.c)The assertion is false, but the reason is true.d)Both assertion and reason are false.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assertion: Credit scoring models are objective and unbiased in their assessment of a borrowers creditworthiness.Reason: Credit scoring models use statistical algorithms that are designed to eliminate any potential biases or discrimination.a)Both assertion and reason are true, and the reason is the correct explanation of the assertion.b)Both assertion and reason are true, but the reason is not the correct explanation of the assertion.c)The assertion is false, but the reason is true.d)Both assertion and reason are false.Correct answer is option 'A'. Can you explain this answer?.

Solutions for Assertion: Credit scoring models are objective and unbiased in their assessment of a borrowers creditworthiness.Reason: Credit scoring models use statistical algorithms that are designed to eliminate any potential biases or discrimination.a)Both assertion and reason are true, and the reason is the correct explanation of the assertion.b)Both assertion and reason are true, but the reason is not the correct explanation of the assertion.c)The assertion is false, but the reason is true.d)Both assertion and reason are false.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Assertion: Credit scoring models are objective and unbiased in their assessment of a borrowers creditworthiness.Reason: Credit scoring models use statistical algorithms that are designed to eliminate any potential biases or discrimination.a)Both assertion and reason are true, and the reason is the correct explanation of the assertion.b)Both assertion and reason are true, but the reason is not the correct explanation of the assertion.c)The assertion is false, but the reason is true.d)Both assertion and reason are false.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Assertion: Credit scoring models are objective and unbiased in their assessment of a borrowers creditworthiness.Reason: Credit scoring models use statistical algorithms that are designed to eliminate any potential biases or discrimination.a)Both assertion and reason are true, and the reason is the correct explanation of the assertion.b)Both assertion and reason are true, but the reason is not the correct explanation of the assertion.c)The assertion is false, but the reason is true.d)Both assertion and reason are false.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Assertion: Credit scoring models are objective and unbiased in their assessment of a borrowers creditworthiness.Reason: Credit scoring models use statistical algorithms that are designed to eliminate any potential biases or discrimination.a)Both assertion and reason are true, and the reason is the correct explanation of the assertion.b)Both assertion and reason are true, but the reason is not the correct explanation of the assertion.c)The assertion is false, but the reason is true.d)Both assertion and reason are false.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Assertion: Credit scoring models are objective and unbiased in their assessment of a borrowers creditworthiness.Reason: Credit scoring models use statistical algorithms that are designed to eliminate any potential biases or discrimination.a)Both assertion and reason are true, and the reason is the correct explanation of the assertion.b)Both assertion and reason are true, but the reason is not the correct explanation of the assertion.c)The assertion is false, but the reason is true.d)Both assertion and reason are false.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Assertion: Credit scoring models are objective and unbiased in their assessment of a borrowers creditworthiness.Reason: Credit scoring models use statistical algorithms that are designed to eliminate any potential biases or discrimination.a)Both assertion and reason are true, and the reason is the correct explanation of the assertion.b)Both assertion and reason are true, but the reason is not the correct explanation of the assertion.c)The assertion is false, but the reason is true.d)Both assertion and reason are false.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Banking Exams tests.