mediumFPSCNTSCSSPPSCCurrent Affairs
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Standard and Poor’s (S&P) on 5 May 2015 has raised Pakistan’s credit rating outlook from?

Anegative to stable
Bnegative to stable+
Cstable to positive
Dstable to positive+

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Answer and explanation

Correct Answer: C: stable to positive

Explanation: The correct answer is C: stable to positive. Standard and Poor's upgraded Pakistan's credit rating outlook from 'stable' to 'positive' on 5 May 2015, reflecting improved economic conditions, declining inflation, and rising foreign exchange reserves under the IMF bailout program.

Standard and Poor’s (S&P) on 5 May 2015 has raised Pakistan’s credi...