ibps-so 2018 · Question 297 of 356

Which one of the following is NOT stated anywhere in the passage?

AThat a rating speaks to the failure of the borrower to pay and to nothing else
BThat reputation restrains an agency, but slowly
CThat auditors are sometimes rotated among the rms whose accounts they certify
DThat the agencies are required by law to compensate investors who have relied upon a grade afterwards shown to be wrongCorrect
EThat a supervisor who removes the rating from his rule-book must substitute his own judgement for it

Answer: D. That the agencies are required by law to compensate investors who have relied upon a grade afterwards shown to be wrong

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO Prelims Memory Based 2018 (held 29 Dec 2018, Shift 2) - Prepp · memory-based

Practice the full ibps-so 2018 paper

Timed test with all 356 questions, just like the real exam.

ibps-so 2018 · Question 297 of 356

AThat a rating speaks to the failure of the borrower to pay and to nothing else
BThat reputation restrains an agency, but slowly
CThat auditors are sometimes rotated among the rms whose accounts they certify
DThat the agencies are required by law to compensate investors who have relied upon a grade afterwards shown to be wrongCorrect
EThat a supervisor who removes the rating from his rule-book must substitute his own judgement for it

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO Prelims Memory Based 2018 (held 29 Dec 2018, Shift 2) - Prepp · memory-based

Practice the full ibps-so 2018 paper

Timed test with all 356 questions, just like the real exam.