question_answer

Very often we see in the advertisements published by Financing Institutes/Agencies stating their products are given high or average Ratings. These Rating Agencies classify bonds/investments into how many categories? [UBI 2009]

(1) Low Risk

(2) Average Risk

(3) High Risk

A)  Only (1)                       

B)  Only (2)

C)  Only (3)                       

D)  All (1), (2) & (3)

E)  None of these