UPSC Prelims 2021
Get UPSC Prelims Previous Year Question (PYQ) Papers with detailed explanations, mindmaps, organized year-wise and subject-wise for GS.
- Economy
Consider the following statements: The effect of devaluation of a currency is that it necessarily:-
- improves the competitiveness of the domestic exports in the foreign markets.
- increases the foreign value of domestic currency.
- improves the trade balance.
Which of the above statements is/are correct?
View Answer for: Consider the following statements: The effect of devaluation of a currency is that it necessarily:- improves the competitiveness of the domestic exports in the foreign markets. increases the foreign value of domestic currency. improves the trade balance.Which of the above statements is/are correct?Consider the following statements: The effect of devaluation of a currency is that it necessarily:-
- improves the competitiveness of the domestic exports in the foreign markets.
- increases the foreign value of domestic currency.
- improves the trade balance.
Which of the above statements is/are correct?
- Economy
Consider the following statements:
- The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government.
- Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest.
- The Governor of the RBI draws his power from the RBI Act.
Which of the above statements are correct?
View Answer for: Consider the following statements: The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government. Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest. The Governor of the RBI draws his power from the RBI Act.Which of the above statements are correct?Consider the following statements:
- The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government.
- Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest.
- The Governor of the RBI draws his power from the RBI Act.
Which of the above statements are correct?
- Economy
Which among the following steps is most likely to be taken at the time of an economic recession?
View Answer for: Which among the following steps is most likely to be taken at the time of an economic recession?Which among the following steps is most likely to be taken at the time of an economic recession?
- Economy
India Government Bond Yields are influenced by which of the following?
- Actions of the United States Federal Reserve.
- Actions of the Reserve Bank of India.
- Inflation and short-term interest rates.
Which of the statements given above is/are correct?
View Answer for: India Government Bond Yields are influenced by which of the following? Actions of the United States Federal Reserve. Actions of the Reserve Bank of India. Inflation and short-term interest rates.Which of the statements given above is/are correct?India Government Bond Yields are influenced by which of the following?
- Actions of the United States Federal Reserve.
- Actions of the Reserve Bank of India.
- Inflation and short-term interest rates.
Which of the statements given above is/are correct?
- Economy
Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
View Answer for: Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
- Economy
Consider the following statements: Other things remaining unchanged, market demand for a good might increase if
- Price of its substitute increases
- Price of its complement increases
- The good is an inferior good and income of the consumers increases
- Its price falls
Which of the statements given above is/are correct?
View Answer for: Consider the following statements: Other things remaining unchanged, market demand for a good might increase if Price of its substitute increases Price of its complement increases The good is an inferior good and income of the consumers increases Its price fallsWhich of the statements given above is/are correct?Consider the following statements: Other things remaining unchanged, market demand for a good might increase if
- Price of its substitute increases
- Price of its complement increases
- The good is an inferior good and income of the consumers increases
- Its price falls
Which of the statements given above is/are correct?
- Economy
With reference to ’palm oil’, consider the following statements:
- The palm oil tree is native to Southeast Asia.
- The palm oil is a raw material for some industries producing lipstick and perfumes.
- The palm oil can be used to produce biodiesel.
Which of the statements given above are correct?
View Answer for: With reference to ’palm oil’, consider the following statements: The palm oil tree is native to Southeast Asia. The palm oil is a raw material for some industries producing lipstick and perfumes. The palm oil can be used to produce biodiesel.Which of the statements given above are correct?With reference to ’palm oil’, consider the following statements:
- The palm oil tree is native to Southeast Asia.
- The palm oil is a raw material for some industries producing lipstick and perfumes.
- The palm oil can be used to produce biodiesel.
Which of the statements given above are correct?
- Economy
With reference to Indian economy, demand pull-inflation can be caused/increased by which of the following?
- Expansionary policies
- Fiscal stimulus
- Inflation-indexing wages
- Higher - purchasing power
- Rising interest rates
Select the correct answer using the codes given below.
View Answer for: With reference to Indian economy, demand pull-inflation can be caused/increased by which of the following? Expansionary policies Fiscal stimulus Inflation-indexing wages Higher - purchasing power Rising interest ratesSelect the correct answer using the codes given below.With reference to Indian economy, demand pull-inflation can be caused/increased by which of the following?
- Expansionary policies
- Fiscal stimulus
- Inflation-indexing wages
- Higher - purchasing power
- Rising interest rates
Select the correct answer using the codes given below.
- Economy
Consider the following
- Foreign Currency convertible bonds
- Foriegn Institutional investment with certain conditions
- Global depository receipts
- Non-resident external deposits
Which of the above can be included in Foreign Direct Investments?
View Answer for: Consider the following Foreign Currency convertible bonds Foriegn Institutional investment with certain conditions Global depository receipts Non-resident external depositsWhich of the above can be included in Foreign Direct Investments?Consider the following
- Foreign Currency convertible bonds
- Foriegn Institutional investment with certain conditions
- Global depository receipts
- Non-resident external deposits
Which of the above can be included in Foreign Direct Investments?
- Economy
Which one of the following is likely to be the most inflationary in its effects?
View Answer for: Which one of the following is likely to be the most inflationary in its effects?Which one of the following is likely to be the most inflationary in its effects?
- Economy
With reference to India, consider the following statements:
- Retail investors through demat account can invest in ‘Treasury Bills’ and ‘Government of India Debt Bonds’ in primary market.
- The ‘Negotiated Dealing System-Order Matching’ is a government securities trading platform of the Reserve Bank of India.
- The ‘Central Depository Services Ltd.’ is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange.
Which of the statements given below is/are correct?
View Answer for: With reference to India, consider the following statements: Retail investors through demat account can invest in ‘Treasury Bills’ and ‘Government of India Debt Bonds’ in primary market. The ‘Negotiated Dealing System-Order Matching’ is a government securities trading platform of the Reserve Bank of India. The ‘Central Depository Services Ltd.’ is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange.Which of the statements given below is/are correct?With reference to India, consider the following statements:
- Retail investors through demat account can invest in ‘Treasury Bills’ and ‘Government of India Debt Bonds’ in primary market.
- The ‘Negotiated Dealing System-Order Matching’ is a government securities trading platform of the Reserve Bank of India.
- The ‘Central Depository Services Ltd.’ is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange.
Which of the statements given below is/are correct?
- Economy
In India, the central bank’s function as the ‘lender of last resort’ usually refers to which of the following?
- Lending to trade and industry bodies when they fail to borrow from other sources.
- Providing liquidity to the banks having a temporary crisis.
- Lending to governments to finance budgetary deficits.
Select the correct answer using the code given below:
View Answer for: In India, the central bank’s function as the ‘lender of last resort’ usually refers to which of the following? Lending to trade and industry bodies when they fail to borrow from other sources. Providing liquidity to the banks having a temporary crisis. Lending to governments to finance budgetary deficits.Select the correct answer using the code given below:In India, the central bank’s function as the ‘lender of last resort’ usually refers to which of the following?
- Lending to trade and industry bodies when they fail to borrow from other sources.
- Providing liquidity to the banks having a temporary crisis.
- Lending to governments to finance budgetary deficits.
Select the correct answer using the code given below:
- Economy
The money multiplier in an economy increases with which one of the following?
View Answer for: The money multiplier in an economy increases with which one of the following?The money multiplier in an economy increases with which one of the following?
- Economy
With reference to ‘Urban Cooperative Banks’ in India, consider the following statements:
- They are supervised and regulated by local boards set up by the State Governments.
- They can issue equity shares and preference shares.
- They were brought under the purview of the Banking Regulation Act, 1949 through an Amendment in 1966.
Which of the statements given above is/are correct?
View Answer for: With reference to ‘Urban Cooperative Banks’ in India, consider the following statements: They are supervised and regulated by local boards set up by the State Governments. They can issue equity shares and preference shares. They were brought under the purview of the Banking Regulation Act, 1949 through an Amendment in 1966.Which of the statements given above is/are correct?With reference to ‘Urban Cooperative Banks’ in India, consider the following statements:
- They are supervised and regulated by local boards set up by the State Governments.
- They can issue equity shares and preference shares.
- They were brought under the purview of the Banking Regulation Act, 1949 through an Amendment in 1966.
Which of the statements given above is/are correct?
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