Economics · Banking and Finance
Based on the technical aspects of credit risk, which of the following statements accurately characterizes modern holistic credit evaluation models?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Satellite remote sensing for crop tracking remains purely a theoretical concept with no actual deployment in agricultural lending.
- 2Expert evaluation overlays were completely banned by the RBI, making data algorithms the only legal scoring mechanism.
- 3All standard elements—including alternative data (e.g., satellite imagery), regulatory multi-CIC reporting, thin-file assessment, and expert overlays—can form a modern comprehensive scorecard framework.✓
- 4Only alternative data uses like remote sensing represent new-age scoring, while statutory reporting is purely an administrative burden.
Correct answer
All standard elements—including alternative data (e.g., satellite imagery), regulatory multi-CIC reporting, thin-file assessment, and expert overlays—can form a modern comprehensive scorecard framework.
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