1
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

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

Consider the following statements in respect of the digital rupee:

1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy.

2. It appears as a liability on the RBI's balance sheet.

3. It is insured against inflation by its very design.

4. It is freely convertible against commercial bank money and cash.

Which of the statements given above are correct?

A

1 and 2 only

B

1 and 3 only

C

2 and 4 only

D

1, 2 and 4

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

Consider the following statements:

1. India is a member of the International Grains Council.

2. A country needs to be a member of the International Grains Council for exporting or importing rice and wheat.

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

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

With reference to Union Budget, consider the following statements:

  1. The Union Finance Minister on behalf of the Prime Minister lays the Annual Financial Statement before both the Houses of Parliament.
  2. At the Union level, no demand for a grant can be made except on the recommendation of the President of India.

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

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