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

With reference to physical capital in Indian economy, consider the following pairs :

ItemsCategory
1. Farmer’s ploughWorking capital
2. ComputerFixed capital
3. Yarn used by the weaverFixed capital
4. PetrolWorking capital

How many of the above pairs are correctly matched?

A

Only one

B

Only two

C

Only three

D

All four

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

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

3
UPSC Civil Service Prelims Paper I 2024 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

Consider the following statements:

Statement-I: If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment.

Statement-II: The USA Government debt is not backed by any hard assets, but only by the faith of the Government.

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

4
UPSC Civil Service Prelims Paper I 2024 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

Consider the following statements:

Statement-I: Syndicated lending spreads the risk of borrower default across multiple lenders.

Statement-II: The syndicated loan can be a fixed amount/lump sum of funds, but cannot be a credit line.

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

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