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      Question

      What long-term sovereign credit rating has S&P Global

      Ratings assigned to India in its recent upgrade?
      A BB+ Correct Answer Incorrect Answer
      B BBB Correct Answer Incorrect Answer
      C BBB- Correct Answer Incorrect Answer
      D A- Correct Answer Incorrect Answer
      E A+ Correct Answer Incorrect Answer

      Solution

      S&P Global Ratings upgraded India’s long-term sovereign credit rating from BBB- to BBB, with a Stable Outlook. This marks the first such sovereign rating upgrade in 18 years. The revised rating reflects India’s strong economic fundamentals, policy predictability, and fiscal consolidation efforts.

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