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

Agricultural Marketing and Supply Chain

Revision Notes

International Economic Institutions

Revision Notes

FDI, FPI, and Capital Inflows

Revision Notes

Gig Workers and Social Security Frameworks

Revision Notes

Money Market and Capital Market

Revision Notes

Five-Year Plans and Transition to New Planning Framework

Revision Notes

Foreign Trade Agreements and India’s Export Competitiveness

Revision Notes

Services Sector and Service Exports

Revision Notes

Climate Change: Challenges and Strategies

Revision Notes

Inclusive Growth and Development

Revision Notes