1
UPSC Civil Service Prelims Paper I 2024 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66

With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements :

1. There is no minimum capital requirement for wholly owned banking subsidiaries in India.

2. For wholly owned banking subsidiaries in India, at least 50% of the board members should be Indian nationals.

Which of the statements given above is/are correct ?

A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

2
UPSC Civil Service Prelims Paper I 2024 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66

Consider the following statements:

Statement-I:
Recently, Venezuela has achieved a rapid recovery from its economic crisis and succeeded in preventing its people from fleeing/emigrating to other countries.

Statement-II:
Venezuela has the world’s largest oil reserves.

Which one of the following is correct in respect of the above statements?

A

Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

B

Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

C

Statement-I is correct, but Statement-II is incorrect

D

Statement-I is incorrect, but Statement-II is correct

3
UPSC Civil Service Prelims Paper I 2023 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

Consider the following statements:

Statement-I: India accounts for 3.2% of global export of goods.

Statement-II: Many local companies and some foreign companies operating in India have taken advantage of India's 'Production-linked Incentive' scheme.

Which one of the following is correct in respect of the above statements?

A
Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
B
Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
C
Statement-I is correct but Statement-ll is incorrect
D
Statement-I is in correct but Statement-ll is correct
4
UPSC Civil Service Prelims Paper I 2022 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

With reference to the Indian economy, consider the following statements:

1. An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee.

2. An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness.

3. An increasing trend in domestic inflation relative to inflation in other countries is likely to cause an increasing divergence between NEER and REER.

Which of the above statements are correct ?

A
1 and 2 only
B
2 and 3 only
C
1 and 3 only
D
1, 2 and 3
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