Banking Awareness Test for IBPS, RBI, SBI, NABARD & other Bank Examinations

a. Baa2

b. Baa3

c. AAA-

d. Baa1

ANSWER: Baa2 Answer & Explanation

 

Moody’s Investors Service has upgraded the Government of India’s local and foreign currency issuer ratings to Baa2 from Baa3 .It has changed the outlook on the rating to stable from positive.