Multiple Choice Questions on Fitch Ratings has kept the Sovereign Ratings of India at in FY22 with Outlook ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

Fitch Ratings has kept the Sovereign Ratings of India at in FY22 with Outlook ........

Current GK ( Master) Growth and development
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    Fitch Ratings has kept the Sovereign Ratings of India at _______ in FY22 with _______ Outlook.

    BBB-; Negative

    Correct Answer

    BBB; Stable

    Incorrect Answer

    BB-; Negative

    Incorrect Answer

    BB; Stable

    Incorrect Answer
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    Explanation:
    • Rating agency Fitch Ratings has kept the sovereign rating of India unchanged at ‘BBB-‘ with a negative outlook.
    • Earlier, Fitch had estimated GDP contraction of 7.5 percent in 2020-21 and growth of 12.8 percent in the fiscal year FY22, followed by 5.8 percent in FY23.

    By: Rohit Middha
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