CS Professional · IFSCA - Regulations, Listing and Compliances · Capital Market Intermediaries
Rohan Ratings Ltd, an IFSC entity, evaluates the ability of an IFSC issuer to meet its debt obligations on time and publishes a symbol-based opinion for investors. What is the nature of this intermediary?
Rohan Ratings is a credit rating agency. Such an agency assesses an issuer's capacity to repay debt and publishes its opinion using rating symbols to guide investors. Custodians, registrars and portfolio managers safeguard assets, maintain records or manage investments, not rate credit quality.
- ACredit rating agencyCorrect
- BCustodian
- CRegistrar and share transfer agent
- DPortfolio manager
Explanation
Giving an opinion on creditworthiness through rating symbols is the work of a credit rating agency. A custodian safekeeps assets, a registrar keeps issue or holder records, and a portfolio manager manages client portfolios. The custodian option is wrong because it does not assess credit risk.
Did you get it right without looking?
One question tells you little. A timed set on Capital Market Intermediaries shows your real accuracy, how long you take and where you lose marks.
More Capital Market Intermediaries questions
- Tara Brokers, a foreign broker, wants to set up a branch in GIFT IFSC to deal as a broker-dealer. Which statement best reflects the eligibil…
- Veda Securities Pvt Ltd, an Indian broker, wants to offer trading services in securities listed on a stock exchange in GIFT IFSC. Under the …
- Kiran Advisors, an applicant for registration as a capital market intermediary in GIFT IFSC, has a promoter against whom a recent order find…
- Anvaya Capital, an IFSC intermediary, opens demat accounts for investors, credits securities bought by them and processes their transfer ins…
- Kaveri Capital, an IFSCA-registered intermediary, onboards a new client. Its compliance officer says that because the client was introduced …
- Rohan Securities, a GIFT IFSC intermediary, deals with clients from different jurisdictions. Which general obligation applies to it as an IF…