The 'credit rating agency' that is a full form of CRISIL is: MCQ with Answer and Explanation

Question

Share Report Error

The 'credit rating agency' that is a full form of CRISIL is:

A. Credit Research and Investment Services of India Limited

B. Credit Rating and Investment Services of India Limited

C. Credit Rating Information Services of India Limited

D. Central Rating and Investment Services of India Limited

Answer: Option C

Solution (By JKSSB Mock Tests)

CRISIL stands for Credit Rating Information Services of India Limited.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The sacrifice ratio measures:

A. the ratio of tax revenue to GDP

B. the cost of unemployment in terms of inflation

C. the cost of inflation in terms of lost output

D. the ratio of exports to imports

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
The sacrifice ratio is the cumulative output loss required to reduce inflation by one percentage point.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Public Account of India' is constituted under which article?

A. Article 263

B. Article 266

C. Article 312

D. Article 280

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
The Public Account of India is constituted under Article 266.

This question belongs to: Economy GK Economy Set 1

Question #3

In the context of economic theory, the 'Law of Demand' may not hold in the case of:

A. Normal goods

B. Giffen goods and Veblen goods

C. Necessary goods only

D. All inferior goods

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
The law of demand does not hold for Giffen goods (where income effect outweighs substitution effect) and Veblen goods (where higher price increases demand due to prestige value).

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs