Issue of Debentures — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeIssue of Debentures2 Marks
Question
Credit Rating
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Answer
It is an estimation of the ability of a person or organization to fulfill their financial requirement, commitments, based on previous dealings. Credit Rating Agencies are responsible for credit rating.
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