AA/Stable
AAA/Stable
AA/Negative
AAA/Negative
Answer is Right!
Answer is Wrong!
The correct answer is: A. AA/Stable
CRISIL is a leading credit rating agency in India. It has assigned an AA/Stable rating to New India Assurance Co Ltd. This rating indicates that the company has a strong financial position and is likely to continue to meet its financial obligations in the future. The rating is also stable, which means that there is no significant risk of the company’s financial position deteriorating in the near future.
The other options are incorrect because they either assign a lower rating to the company (A) or indicate that the company’s financial position is at risk of deteriorating (B and C).