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Q19)Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors. Conclusions: I. Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies. II. Now the investors investing in IT companies will get protection of their investment.

Answer»

Q19)Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors.

Conclusions:

I. Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies.

II. Now the investors investing in IT companies will get protection of their investment.




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