Economy

3 questions

• 2019 · Question 63 · External Sector

  Consider the following statements : 1. Most of India’s external debt is owed by governmental entities. 2. All of India’s external debt is denominated in US dollars. Which of the statements given above is/are correct?

  Choose your answer

  (a)1 only(b)2 only(c)Both 1 and 2(d)Neither 1 nor 2

  Show answer

  Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)

• 2019 · Question 65 · External Sector

  In the context of India, which of the following factors is/are contributor/contributors to reducing the risk of a currency crisis? 1. The foreign currency earnings of India’s IT sector 2. Increasing the government expenditure 3. Remittances from Indians abroad Select the correct answer using the code given below.

  Choose your answer

  (a)1 only(b)1 and 3 only(c)2 only(d)1, 2 and 3

  Show answer

  Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)

• 2019 · Question 86 · External Sector

  Which one of the following is not the most likely measure the Government/RBI takes to stop the slide of Indian rupee?

  Choose your answer

  (a)Curbing imports of non-essential goods and promoting exports(b)Encouraging Indian borrowers to issue rupee denominated Masala Bonds(c)Easing conditions relating to external commercial borrowing(d)Following an expansionary monetary policy

  Show answer

  Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)