Ethanol Production - Brazil vs USA
Question
Consider the following statements: Which of the statements given above are correct?
- 1.
In India, credit rating agencies are regulated by Reserve Bank of India.
- 2.
The rating agency popularly known as ICRA is a public limited company.
- 3.
Brickwork Ratings is an Indian credit rating agency.
Options
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Explanation
Statements 2 and 3 are correct. Statement 1 is incorrect.
Credit Rating Agencies (CRAs) in India (like CRISIL, ICRA, and Brickwork Ratings) are regulated by the Securities and Exchange Board of India (SEBI), not the RBI. ICRA is a publicly listed entity, and Brickwork is an indigenous CRA.
Answer: (b).
Question details
Year
2025
Paper
GS Paper 1
Question
Q63
Subject
Economy
Sub-topic
Agriculture & Allied
Type
Assertion-Reason
Difficulty
Hard
Nature
Current-affairs-linked
Source hint
SEBI Credit Rating Agencies Regulations 1999
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