State PCS PYQPrelims 2024

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?

  1. ₹100–120 lakh crore
  2. ₹50–70 lakh crore
  3. ₹120–150 lakh crore
  4. ₹70–90 lakh crore
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.