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

Ayushman Bharat and Healthcare Access

Revision Notes

Data Protection and Digital Economy

Revision Notes

MSP Reforms and Foodgrain Procurement

Revision Notes

Industrial Policy and Growth

Revision Notes

Coastal Economic Zones and Maritime Trade

Revision Notes

Environmental Economics and Sustainable Development

Revision Notes

Five-Year Plans and Transition to New Planning Framework

Revision Notes

Social Sector Reforms: Health and Education

Revision Notes

Digital Economy and E-Governance

Revision Notes

Education Sector: Policy and Reforms

Revision Notes