What is the full form of a credit rating agency named CRISIL?

Credit Rating and Information Services of India Ltd

The correct answer is option 4- Credit Rating and Information Services of India Ltd.

CRISIL is Credit Rating and Information Services of India Ltd.

CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services. It's one of the leading providers of ratings, data, research, and analytics in India. The company primarily evaluates the creditworthiness of companies, governments, and other entities based on various parameters. It plays a significant role in the financial markets by providing valuable insights and assessments that help investors, lenders, and other stakeholders make informed decisions.

Public issue of debentures requires that the issue be rated by a credit rating agency like CRISIL (Credit Rating and Information Services of India Ltd.) on aspects like track record of the company, its profitability, debt servicing capacity, credit worthiness and the perceived risk of lending.