Read the following statements regarding CIBIL score: Statement (I): A CIBIL score is a three-digit numeric summary that reflects an individual's creditworthiness. Statement (II): A standard CIBIL score ranges from 100 to 999. Choose the correct option:

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Banking · Credit Rating & CIBIL

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Statement (I) is correct but Statement (II) is incorrect

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Answer 1

Statement (I) and Statement (II) are both incorrect

Answer 2

Statement (I) is incorrect but Statement (II) is correct

Answer 3

Statement (I) is correct but Statement (II) is incorrect

Answer 4

Statement (I) and Statement (II) are both correct

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