Question Details

Detailed explanation and options for the selected question.

What is meant by “credit rating”?

A. A measure of inflation in the economy
B. An assessment of a borrower’s creditworthiness
C. A method to calculate GDP growth
D. A tool to regulate banking systems

Explanation:

Credit rating evaluates a borrower's ability to repay loans. It is not a measure of inflation, GDP, or banking regulation.

Related Topics

Social Sector Reforms: Health and Education

Revision Notes

Foreign Trade Agreements and India’s Export Competitiveness

Revision Notes

Startup Ecosystem and Entrepreneurship

Revision Notes

Rural Electrification and Saubhagya Scheme

Revision Notes

External Sector Overview

Revision Notes

Indian Stock Markets and SEBI Regulation

Revision Notes

Regional Comprehensive Economic Partnerships (RCEP) Withdrawal

Revision Notes

Employment Generation and Skill Development

Revision Notes

Budget Process and Key Terminology

Revision Notes

Services Sector and Service Exports

Revision Notes