Which reform did JCR credit with strengthening the asset quality of India's banking sector?
- A.The Insolvency and Bankruptcy Code
- B.The Companies Act
- C.The Competition Act
- D.The Foreign Trade Policy
Correct answer
Explanation
The correct answer is the Insolvency and Bankruptcy Code. JCR pointed to three things behind the better asset quality of Indian banks: the establishment of this Code, the capital the Government infused into banks, and stronger supervision by the Reserve Bank of India. It added that capital adequacy and profitability in banking have stayed sound, and that asset quality and capital adequacy in the non-banking financial sector have improved as well, which strengthens the financial system as a whole. Option B, the Companies Act, governs how companies are incorporated and run and was not cited here. Option C, the Competition Act, deals with anti-competitive conduct and combinations, a different subject entirely. Option D, the Foreign Trade Policy, concerns exports and imports. Only the Insolvency and Bankruptcy Code is named in the release in connection with bank asset quality.
Read the full article: Japan Credit Rating Agency Upgrades India to 'A-', Outlook Stable
Practice Questions
Japan Credit Rating Agency upgraded India's long-term sovereign issuer ratings from BBB+ to which level?
- A.A+
- B.A-
- C.AA-
- D.BBB
Show answer
The agency moved both the long-term foreign currency issuer rating and the long-term local currency issuer rating up by exactly one notch, from BBB+ to A-, and kept the outlook at stable.
Read the full explanation →According to the release, the Central Government's fiscal deficit in FY26 stood at:
- A.5.6 per cent
- B.4.9 per cent
- C.4.7 per cent
- D.4.4 per cent
Show answer
JCR noted that the Centre's fiscal deficit came down from 4.7 per cent in FY25 to 4.4 per cent in FY26, and that this happened while capital spending was kept high, with infrastructure investment given particular weight.
Read the full explanation →Which of these agencies did NOT upgrade India's sovereign rating during the year before the JCR decision?
- A.Morningstar DBRS
- B.S&P Global Ratings
- C.Rating and Investment Information, Inc.
- D.Asian Development Bank
Show answer
It is a multilateral development bank that lends to its member countries; it is not a credit rating agency and assigns no sovereign ratings, so it cannot appear in this list.
Read the full explanation →What was the theme of the 14th India Chem 2026 held in Mumbai?
- A.Advantage Bharat: An Emerging Global Chemicals Hub
- B.Chemicals for a Viksit Bharat
- C.Green Chemistry, Green Growth
- D.Make in India, Mix in India
Show answer
The 14th edition of India Chem was organised in Mumbai from 22 to 24 October 2026 as a three-day event aimed at drawing investment and promoting sustainable growth in chemicals and petrochemicals.
Read the full explanation →Which of the following is NOT one of India's three operational Petroleum, Chemicals and Petrochemicals Investment Regions?
- A.Dahej in Gujarat
- B.Paradeep in Odisha
- C.Visakhapatnam-Kakinada in Andhra Pradesh
- D.Haldia in West Bengal
Show answer
India has three operational PCPIRs: Dahej in Gujarat, Visakhapatnam-Kakinada in Andhra Pradesh and Paradeep in Odisha. Haldia is not among them, so option D is the exception.
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