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      Question

      According to S&P Global Ratings, what is IndiaтАЩs

      updated insolvency regime group ranking?
      A Group A Correct Answer Incorrect Answer
      B Group B Correct Answer Incorrect Answer
      C Group C Correct Answer Incorrect Answer
      D Group D Correct Answer Incorrect Answer
      E Group E Correct Answer Incorrect Answer

      Solution

      S&P Global Ratings upgraded IndiaтАЩs insolvency regime ranking from Group C to Group B. This change was based on improvements in creditor-led resolutions and higher recovery rates under the Insolvency and Bankruptcy Code (IBC).

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