Terms 39 Baa2 39 and 39 Baa3 39 are used in the context of ........

Economic Affairs Financial Markets

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Terms 'Baa2' and 'Baa3' are used in the context of

Moody's government Bond Rating

WTO's categories based on trade surplus of various countries

IMF's categorisation based on degree of liberalisation of an economy

The classification of Indian Banks on basis of stressed assets

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Explanation:

Moody's Investors Service ("Moody's") has upgraded the Government of India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. India’s rating has been upgraded after a period of 13 years. India’s sovereign credit rating was last upgraded in January 2004 to Baa3