Which of the following Credit Rating Systems has recently been adopted for Insurance Companies in Bangladesh?
Which of the following Credit Rating Systems has recently been adopted for Insurance Companies in Bangladesh?
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ক
CAMEL
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খ
CARAMEL
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গ
Bangladesh Bank SRO No.
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ঘ
DSE Rating
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ঙ
None of these
Correct answer: B. CARAMEL
In Bangladesh, insurance companies’ rating framework has been updated using the CARAMEL model, which is an extended version of CAMEL used for financial and insurance sector evaluation.
The CELS ratings or Camels rating is a supervisory rating system originally developed in the U.S. to classify a bank's overall condition. It is applied to every bank and credit union in the U.S. (approximately 300 institutions) and is also implemented outside the U.S. by various banking supervisory regulators.
The ratings are assigned based on a ratio analysis of the financial statements, combined with on - site examinations made by a designated supervisory regulator. In the U.S. these supervisory regulators include the Federal Reserve, the Office of the Comptroller of the Currency, the National Credit Union Administration, the Farm Credit Administration, and the Federal Deposit Insurance Corporation.
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ক
১৯৯৮
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খ
১৯৯৭
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গ
১৯৯৬
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ঘ
১৯৯৯
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ক
Personal-Private Partnership
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খ
Preliminary-Public Partnership
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গ
Public-Private Program
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ঘ
Public-Private Partnership
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ক
Bangladesh Bank
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খ
IDRA
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গ
Sadharon Bima Corporation
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ঘ
BSEC
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ক
Directors remuneration
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খ
Devident
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গ
MD's salary
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ঘ
Employee wages
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ক
Mudarabah
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খ
Murabahah
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গ
Musawamah
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ঘ
Riba
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ঙ
None of these
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ক
International board of Savings
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খ
Islamic Banking Scheme
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গ
International board of Scheme
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ঘ
Islamic Board of Savings
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ঙ
None of these
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