Multiple choice general knowledge

In the Scenario of financial crisis and following the post biggest loss declaration in the history of UK corporate world,the fitch rating of RBS was degraded to

  1. AAA

  2. AA+

  3. B-

  4. B+
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

During the 2008 financial crisis, RBS (Royal Bank of Scotland) reported massive losses and had to be bailed out by the UK government. Fitch downgraded RBS from AAA to AA+ as the bank's financial health deteriorated sharply, reflecting the severity of the crisis.

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