Union Public Service Commission(UPSC) Previous Years Questions and Answers

1 .

With reference to the "G 20 Common Framework", consider the following statements:

1. It is the initiative endorsed by G 20 together with the Paris Club.

2. It is the initiative to support Low Income Countries with unsuitable debt.

A)

1 only

B)

2 only

C)

1 and 2

D)

Neither 1 nor 2

Correct Answer : Option (C) - 1 and 2

Note : The G20 Common Framework for debt treatment beyond the DSSI (Common Framework) is an initiative endorsed by the G20, together with the Paris Club, last November to support, in a structural manner, Low Income Countries with unsustainable debt

Year : 2022

Category : International Institutions

2 .

With reference to the Indian Economy, consider the follwing?

1. If the inflation is too high, RBI is likely to buy government securities

2. If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market

3. If intereste rate in USA or European Union were to fall, that is likely to induce RBI to buy dollars

Which of the following is correct?

A)

1 and 2

B)

2 and 3

C)

1 and 3

D)

1, 2 and 3

Correct Answer : Option (B) - 2 and 3

Year : 2022

Category : Economic and Social Development

3 .

Which refrence to the Indian Economy, consider the following statements;

1. An increase in the Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee.

2. An increase in the Real Effective Exchange Rate (REER) indicates improvement in trade competitiveness.

3. An increasing in trend in domestic inflation relative to inflation in order countries is likely to cause an increasing divergence between NEER and REER.

A)

1 and 2

B)

2 and 3

C)

1 and 3

D)

1, 2 and 3

Correct Answer : Option (C) - 1 and 3

Year : 2022

Category : Economic and Social Development

4 .

"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?

A)

Asian Development Bank

B)

International Monetary Fund

C)

United Nations Environment Programme Finance Initiative

D)

World Bank

Correct Answer : International Monetary Fund

Note : The Rapid Financing Instrument (RFI) provides rapid financial assistance, which is available to all member countries facing an urgent balance of payments need. The RFI was created as part of a broader reform to make the IMF’s financial support more flexible to address the diverse needs of member countries. The RFI replaced the IMF’s previous emergency assistance policy and can be used in a wide range of circumstances.

Year : 2022

Category : General Studies

5 .

Consider the following statements :

1. The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government.

2. Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest.

3. The Governor of the RBI draws his power from the RBI Act.

Which of the above statements are correct?

A)

1 and 2 only

B)

2 and 3 only

C)

1 and 3 only

D)

1, 2 and 3

Correct Answer : Option (C) - 1 and 3 only

Note :

* The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.

* Though originally privately owned, since nationalization in 1949, the Reserve Bank is fully owned by the Government of India.

* The RBI’s affairs are governed by a central board of directors. The board is appointed by the Government of India in line with the Reserve Bank of India Act.

Year :

Category : General Studies

6 .

Global Financial Stability Reportâ€™ is prepared by the

A)

European Central Bank

B)

International Monetary Fund

C)

International Bank for Reconstruction and Development

D)

Organization for Economic Cooperation and Development

Correct Answer : International Monetary Fund

Note :

* It is a semiannual report by the International Monetary Fund (IMF).

* It assesses the stability of global financial markets and emerging-market financing with a primary focus on current conditions, especially financial and structural imbalances, that could risk an upset in global financial stability and access to financing by emerging-market countries.

* It is released twice per year, in April and October.

* GFSR replaced two previous reports by the IMF, the annual International Capital Markets Report and the quarterly Emerging Market Financing Report.

Year : 2016

Category : General Studies

7 .

Rivers that pass through Himachal Pradesh are

A)

Beas and Chenab only

B)

Beas and Ravi only

C)

Chenab, Ravi and Satluj only

D)

Beas, Chenab, Ravi, Satluj and Yamuna

Correct Answer : Beas, Chenab, Ravi, Satluj and Yamuna

Note : Himachal Pradesh provides water to both the Indus and Ganges basins. The drainage systems of the region are the Chenab, the Ravi, the Beas, the Sutlej and the Yamuna. These rivers are perennial and are fed by snow and rainfall. They are protected by an extensive cover of natural vegetation.

Year : 2010

Category : General Studies

8 .

With reference to the Indus river system, of the following four rivers, three of them pour into one of them which joins the Indus directly. Among the following, which one is such a river that joins the Indus direct?

A)

Chenab

B)

Jhelum

C)

Ravi

D)

Sutlej

Correct Answer : Sutlej

Note : The Jhelum joins the Chenab near Jhang in Pakistan. The Ravi joins the Chenab near Sarai Sidhu. Satluj is joined by the Chenab in Pakistan. Thus, Satluj receives the collective drainage of the Ravi, Chenab and Jhelum rivers. It joins the Indus a few kilometres above Mithankot.

Year :

Category : General Studies

9 .

Disguised unemployment generally means

A)

large number of people remain unemployed

B)

alternative employment is not available

C)

marginal productivity of labour is zero

D)

productivity of workers is low

Correct Answer : marginal productivity of labour is zero

Note : An economy demonstrates disguised unemployment when productivity is low and too many workers are filling too few jobs.

Year : 2013

Category : General Studies

10 .

Water can dissolve more substances than any other liquid because

A)

it is dipolar in nature

B)

it is a good conductor of heat

C)

it has high value of specific heat

D)

it is an oxide of hydrogen

Correct Answer : it is dipolar in nature

Note :

Water is called the universal solvent because it is capable of dissolving more substances than any other liquid. Water can dissolve more substances than any other liquid because it is dipolar. Hence, Option A is correct.

Water molecules have a polar arrangement of oxygen and hydrogen atoms — one side (hydrogen) has a positive electrical charge and the other side (oxygen) had a negative charge.

This allows the water molecule to become attracted to many other different types of molecules.

Water can become so heavily attracted to a different compound, like salt (NaCl), that it can disrupt the attractive forces that hold the sodium and chloride in the salt compound together and, thus, dissolve it.

Because of its polarity, water can form electrostatic interactions (charge-based attractions) with other polar molecules and ions.

Year : 2021

Category : General Studies