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What is the Sovereign rating of India as per the Fitch Ratings?
A)
BB-
B)
BBB
C)
BBB+
D)
BBB-

Correct Answer : Option (D) - BBB-


Fitch Ratings has kept India’s sovereign rating unchanged at BBB- with a negative outlook owing to a rise in public debt ratio and uncertainty on debt trajectory. The rating remains unchanged from April this year. “Negative trigger (is) failure to reduce the fiscal deficit to a level consistent with putting government debt/GDP on a downward trajectory,” analysts at the agency said at the Global Sovereign Conference 07-10-2021.

Published On : October 9, 2021
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