2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Stable
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Prime
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Negative
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Neutral
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Detailed explanation-1: -Moody’s had in October 2021 changed the outlook on the Government of India’s ratings to stable from negative and affirmed its foreign-currency and local-currency long-term issuer ratings and the local-currency senior unsecured rating at Baa3.
Detailed explanation-2: -Moody’s expects output gaps to continue for India, which is in post-pandemic recovery mode. The debt affordability has been anchored in India, Malaysia and Thailand as they have a large institutional investor base and banking systems, IANS cited from the rating agency’s report.
Detailed explanation-3: -Moody’s said it now expects India’s GDP growth to slow to 7% in 2022 – versus its previous estimate of 7.7% – and then decelerate to 4.8% in 2023, before recovering to around 6.4% in 2024. The Reserve Bank of India expects 2022-23 growth of 7%.
Detailed explanation-4: -A Moody’s rating outlook is an opinion regarding the likely direction of a rating over the medium term. Where assigned, rating outlooks fall into the following four categories: Positive (POS) Negative (NEG)