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
3
UPSC Civil Service Prelims Paper I 2021 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

Indian Government Bond Yields are influenced by which of the following?

1. Actions of the United States Federal Reserve

2. Actions of the Reserve Bank of India

3. Inflation and short-term interest rates

Select the correct answer using the code given below.

A
1 and 2 only
B
2 only
C
3 only
D
1, 2 and 3
4
UPSC Civil Service Prelims Paper I 2021 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

Consider the following statements :

Other things remaining unchanged, market demand for a good might increase if

1. price of its substitute increases

2. price of its complement increases

3. the good is an inferior good and income of the consumers increases

4. its price falls

Which of the above statements are correct?

A
1 and 4 only
B
2, 3 and 4
C
1, 3 and 4
D
1, 2 and 3
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