Current Affairs · Macroeconomic Forecasts
Global rating agencies, including Fitch Ratings, issue structural growth assessments and sovereign ratings for the Indian economy. Which of the following statements is/are correct? 1. Fitch Ratings projects economic parameters like GDP growth for India based on consumption demand, public investment, and credit growth metrics. 2. Upward adjustments in growth forecasts by rating agencies are usually driven by factors like a private capex revival and resilient domestic activity. 3. Fitch Ratings is a statutory department functioning directly under the Ministry of Finance, Government of India.
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