What is the India’s ranks on a list of countries with highest Non-performing Assets (NPA) levels, according to latest report by CARE Ratings?
A. 5th
B. 13th
C. 25th
D. 9th
Answer:A
What is the India’s ranks on a list of countries with highest Non-performing Assets (NPA) levels, according to latest report by CARE Ratings?
A. 5th B. 13th C. 25th D. 9th
Explanation: India has been ranked 5th on a list of countries with highest Non-performing Assets (NPA) levels and is on top spot among the BRICS nations, according to latest report by CARE Ratings. The NPA list is topped by Greece (36.4%) followed by Italy (16.4%), Portugal (15.5%) and Ireland (11.9%). All these countries, along with Spain, are commonly referred to as PIIGS, and have been victims of sovereign debt crises in recent years........Check More at INDIA GK" App: tinyurl.com/IndiaGK