BPSC – Combined Competitive Examination · Question 27
According to a CRISIL Ratings report, India's corporate bond market is expected to grow to how much by FY 2030?
Show answer & explanation
Answer: (A) ₹100–120 lakh crore
Explanation
CRISIL estimated the corporate bond market would grow from about ₹43 lakh crore (FY2024) to ₹100–120 lakh crore by FY2030.
- (A) Correct
Correct: CRISIL projected the market more than doubling to ₹100–120 lakh crore by FY2030.
- (B) Incorrect
Wrong: this is near the current size, not the FY2030 projection.
- (C) Incorrect
Wrong: higher than CRISIL's projection.
- (D) Incorrect
Wrong: lower than CRISIL's projection.