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    Question

    Which rating agency affirmed India's sovereign rating at

    'BBB-' with a stable outlook, citing strong growth prospects?
    A Moody's Correct Answer Incorrect Answer
    B Standard & Poor's Correct Answer Incorrect Answer
    C Fitch Ratings Correct Answer Incorrect Answer
    D DBRS Morningstar Correct Answer Incorrect Answer
    E CARE Ratings Correct Answer Incorrect Answer

    Solution

    Fitch Ratings affirmed India’s sovereign rating at 'BBB-' with a stable outlook, citing strong growth prospects and a solid external financing position. Despite some challenges, India's fiscal credibility remains strong, and the government is committed to reducing the budget deficit over the medium term.

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