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  • Question
  • 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. Which movie has won the Best Film award in the 64th National Awards-2017?

    • Options
    • A. Rustom
    • B. Ventilator
    • C. Kasaav
    • D. Neerja
    • Discuss
    • 2. Which of the following initiation of the Rotary Club of Madras North provides sanitary napkins to the students?

    • Options
    • A. Project Suvidha
    • B. Project Puthuyugam
    • C. Project Sangini
    • D. Project Kannamma
    • Discuss
    • 3. Which team won the Women's World Twenty20 title?

    • Options
    • A. West Indies
    • B. Australia
    • C. England
    • D. New Zealand
    • Discuss
    • 4. With whom Indian Army signed an MoU to build tunnels on China, Pakistan borders?

    • Options
    • A. NTPC
    • B. ONGC
    • C. NHPC
    • D. THDC Ltd
    • Discuss
    • 5. IORA member states establish 'Be the Legacy' internship programme to honour ___________.

    • Options
    • A. Mahatma Gandhi
    • B. Nelson Mandela
    • C. Martin Luther King
    • D. Mother Teresa
    • Discuss
    • 6. Which team won the Admiral's Cup 2018?

    • Options
    • A. Nigeria
    • B. Singapore
    • C. Italy
    • D. Poland
    • Discuss
    • 7. Which centre won an award for Outstanding Contribution to Gold Policy Research in 2017-18 at the 15th India International Gold Convention held in Kochi?

    • Options
    • A. India Gold Policy Centre (IGPC), IIM Ahmedabad
    • B. Centre for Research on Gold (CRG), IIT Madras
    • C. Indian Institute for Gold Policy (IIGP), IIM Kozhikode
    • D. Centre for Gold Policy Formulation (CGPF), IIM Mumbai
    • Discuss
    • 8. Scientists have developed a wireless 'in-body GPS' which helps to track tumours inside the body. It is named as;

    • Options
    • A. Delta
    • B. Atlas
    • C. ReMix
    • D. Atlas
    • Discuss
    • 9. Which bank launched India's first 'Green Car Loan' (Electric Vehicle) to encourage customers to buy electric vehicles?

    • Options
    • A. Canara Bank
    • B. Axis Bank
    • C. HDFC Bank
    • D. State Bank of India
    • Discuss
    • 10. Which of the following become the first national legislative body in the world to declare a climate change emergency?

    • Options
    • A. Mexico
    • B. Italy
    • C. UK
    • D. India
    • Discuss


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