1
UPSC Civil Service Prelims Paper I 2022 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

Which of the following activities constitute real sector in the economy ?

1. Farmers harvesting their crops

2. Textile mills converting raw cotton into fabrics

3. A commercial bank lending money to a trading company

4. A corporate body issuing Rupee Denominated Bonds overseas

Select the correct answer using the code given below:

A
1 and 2 only
B
2, 3 and 4 only
C
1, 3 and 4 only
D
1, 2, 3 and 4
2
UPSC Civil Service Prelims Paper I 2022 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language
Which one of the following situations best reflects "Indirect Transfers" often talked about in media recently with reference to India ?
A
An Indian company investing in a foreign enterprise and paying taxes to the foreign country on the profits arising out of its investment
B
A foreign company investing in India and paying taxes to the country of its base on the profits arising out of its investment
C
An Indian company purchases tangible assets in a foreign country and sells such assets after their value increases and transfers the proceeds to India
D
A foreign company transfers shares and such shares derive their substantial value from assets located in India
3
UPSC Civil Service Prelims Paper I 2022 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct ?

1. Acquiring new technology is capital expenditure.

2. Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.

Select the correct answer using the code given below :

A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
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. A share of the household financial savings goes towards government borrowings.

2. Dated securities issued at market-related rates in auctions form a large component of internal debt.

Which of the above statements is/are correct ?

A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
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