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      Question

      What rating was reaffirmed for Shriram Finance’s

      commercial paper by Care Ratings?
      A Care A1 Correct Answer Incorrect Answer
      B Care A1+ Correct Answer Incorrect Answer
      C Care AA Correct Answer Incorrect Answer
      D Care AA+ Correct Answer Incorrect Answer
      E Care AAA Correct Answer Incorrect Answer

      Solution

      As per the Care Ratings upgrade announcement, the commercial paper rating of Shriram Finance was reaffirmed at Care A1+, indicating the highest short-term credit quality.

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