What is the sovereign rating of India as per the credit rating agency Fitch?
Options
A. AAA-
B. AAA+
C. BBB+
D. BBB-
Correct Answer
BBB-
Explanation
Fitch Rating affirms India's sovereign rating at the lowest investment grade of BBB-with a stable outlook. The growth rate of India forecasted by Fitch is 6.8% in financial year 2019-20 and 7.1% in FY 2020-21.According to Fitch, Foreign Direct Investment (FDI) regulations has been eased and there is reduction in red tape but still there are some difficulties in doing business in India due to which India's rating is not upgraded. Since 2006, this is the 13th year in a row that India is getting "BBB" ranking from Fitch. On August 1, 2006, Fitch had upgraded the India's rating from "BB+" to "BBB".
More questions
1. The Union government will launch "SAMPADA Scheme" for which sector?
4. The film, 'Pele: Birth of a Legend', is featured in the initial list of Oscar nomination for two categories Best Original Score and Original Song category. Which song from the movie has been selected as one of the nomination contenders?
7. The world's largest open air theatre, 11-days Bargarh Dhanu Yatra that concluded in second week of January 2017 with the death King Kansa at the hands of his nephew Lord Krishna is held in which state?
The annual London Indian Film Festival (LIFF) opens today with the red-carpet world premiere of Hollywood-cum-Bollywood starrer "Love Sonia", a film by the Oscar-nominated producer of "Life Of Pi", David Womark. This year, there is also a special cinematic tribute to Bollywood star Sridevi, who died suddenly in February, with a screening of her 1987 box-office hit "Mr India". Another tribute screening is UK-based filmmaker Sangeeta Dutta's docu-feature "Bird of Dusk", in memory of the late Rituparno Ghosh.
9. Famous HIV/AIDS researcher Mark Wainberg passed away recently. He belonged to which country?