📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What factor contributed significantly to India’s

      credit rating upgrade to ‘BBB’ by Morningstar DBRS?
      A Low foreign exchange reserves Correct Answer Incorrect Answer
      B Decline in GDP growth Correct Answer Incorrect Answer
      C High NPAs in banks Correct Answer Incorrect Answer
      D Infrastructure investments and fiscal consolidation Correct Answer Incorrect Answer
      E Population control policies Correct Answer Incorrect Answer

      Solution

      The upgrade reflects India’s structural reforms, including infrastructure investments and fiscal consolidation, leading to macroeconomic stability.

      Practice Next
      ask-question