1
UPSC Civil Service Prelims Paper I 2021 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

Consider the following statements :

The effect of devaluation of a currency is that it necessarily

1. improves the competitiveness of the domestic exports in the foreign markets

2. increase the foreign value of domestic currency

3. improves the trade balance

Which of the above statements is/are correct?

A
1 only
B
1 and 2
C
3 only
D
2 and 3
2
UPSC Civil Service Prelims Paper I 2021 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

Consider the following :

1. Foreign currency convertible bonds

2. Foreign institutional investment with certain conditions

3. Global depository receipts

4. Non-resident external deposits

Which of the above can be included in Foreign Direct Investments?

A
1, 2 and 3
B
3 only
C
2 and 4
D
1 and 4
UPSC Civil Service Subjects
Comprehension
Data Interpretation and Sufficiency
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