Economy

2 questions

• 2021 · Question 7 · External Sector

  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?

  Choose your answer

  (a)1, 2 and 3(b)3 only(c)2 and 4(d)1 and 4

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

• 2021 · Question 8 · External Sector

  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. increases the foreign value of domestic currency 3. improves the trade balance Which of the above statements is/are correct?

  Choose your answer

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

  Show answer

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