MCQ
Sovereign ratings and PM SVANidhi MCQ - Practice Questions with Answers
Solve 1 Sovereign ratings and PM SVANidhi questions for RAS/RPSC preparation.
Practice questions
Q1With reference to the Global Fintech Fest 2026 address, consider the following statements: 1. A Japanese credit rating agency upgraded India’s sovereign ratings to the A-category for the first time in five years. 2. The government has decided to extend the PM SVANidhi scheme only up to 2027. Which of the statements given above is/are correct?
Explanation
Statement 1 is incorrect: the upgrade to the A-category came after three decades (thirty years), not five years. Statement 2 is incorrect: the scheme has been extended to 2030, not only to 2027. Hence neither statement is correct.
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