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Which credit rating agency is a subsidiary of Standard & Poor's, one of the largest credit rating agencies in the world?
  • a)
    CRISIL
  • b)
    CARE
  • c)
    ICRA
  • d)
    SMERA
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which credit rating agency is a subsidiary of Standard & Poor's, o...
CRISIL is a subsidiary of Standard & Poor's, one of the largest credit rating agencies in the world. Standard & Poor's is a major financial information service provider and rating agency with operations in over 30 countries. It has a significant presence in the global credit rating industry. CRISIL, as a subsidiary of Standard & Poor's, benefits from its expertise, resources, and global network. The association with Standard & Poor's adds credibility and enhances the global reach of CRISIL's credit ratings and other services. CRISIL's affiliation with Standard & Poor's contributes to its strong track record of growth and innovation in the credit rating industry.
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