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    • Question

      Which rating agency affirmed India's sovereign rating at

      'BBB-' with a stable outlook, citing strong growth prospects?
      A Moody's Correct Answer Incorrect Answer
      B Standard & Poor's Correct Answer Incorrect Answer
      C Fitch Ratings Correct Answer Incorrect Answer
      D DBRS Morningstar Correct Answer Incorrect Answer
      E CARE Ratings Correct Answer Incorrect Answer

      Solution

      Fitch Ratings affirmed India’s sovereign rating at 'BBB-' with a stable outlook, citing strong growth prospects and a solid external financing position. Despite some challenges, India's fiscal credibility remains strong, and the government is committed to reducing the budget deficit over the medium term.

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