Question

Which is NOT 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.
A Only (A)
B Only (A) & (B)
C Only (A) & (C)
D Only (B) & (C)
E All (A), (B) & (C)
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