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    Question

    Which Japanese rating agency recently upgraded India’s

    long-term sovereign credit rating to BBB+ (Stable)? 
    A Moody’s Correct Answer Incorrect Answer
    B Standard & Poor’s Correct Answer Incorrect Answer
    C Rating and Investment Information, Inc. (R&I) Correct Answer Incorrect Answer
    D Fitch Ratings Correct Answer Incorrect Answer
    E DBRS Morningstar Correct Answer Incorrect Answer

    Solution

    Japan’s R&I upgraded India’s rating to BBB+ with a Stable Outlook, reflecting confidence in India’s fiscal consolidation, strong domestic demand, and stable external indicators. This is the third upgrade in 2025, following S&P and Morningstar DBRS, showcasing India’s growing economic resilience 

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