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

Cooperative Federalism and Economic Coordination

Revision Notes

Micro-Irrigation and Water Management

Revision Notes

Startup Financing and Angel Investments

Revision Notes

Tax Structure and Reforms

Revision Notes

Impact of Technology on Economic Sectors

Revision Notes

Contract Farming and Value Chains

Revision Notes

Aspirational Districts Programme (ADP)

Revision Notes

Foreign Trade Policy and Export Promotion

Revision Notes

International Economic Institutions

Revision Notes

Agricultural Reforms and Future Roadmap

Revision Notes