Which is correct about India’s sovereign rating by Fitch?
(A) India’s rating is BBB-, which is the lowest investment grade rating
(B) India’s long-term foreign and local-currency issuer default ratings were also fixed at ‘BBB-
(C) The rating is mainly due to the weak state of the government’s finances.
Fitch has acknowledged India’s strong growth and recent economic reforms, but it has a given a BBB- rating owing to the weak state of the government’s finances. According to Fitch India’s general government debt burden was 67.9% of GDP whereas the ‘BBB’ median is 40.9%.
Which among the following is/are the area(s) of operation regarding which complaints can be received by the Banking Ombudsman?
What is GFCF?
Currency Swap is an instrument to manage-
Which of the following statements is TRUE about IMF?
The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following?
1. Other banks retain their deposits with the...
Which of the following act is not administered by RBI?
What is FCCB?
Which institution is the most important constituent of Indian money market?
National Financial Switch is run by whom ?
The share of net demand and time liabilities that banks must maintain in safe and liquid assets, such as, government securities, cash and gold with...