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Consider the following statements

2022

Consider the following statements :
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.
Which of the statements given above are correct ?

(a)

1 and 2 only

(b)

2 and 3 only

(c)

1 and 3 only

(d)

1, 2 and 3

Explanation

Statement 1 is wrong: All the credit rating agencies in India are regulated by SEBI. Therefore by elimination the answer is “B”.