UPSC 2012 › Indian Economy › External Sector & Balance Of Payments

2 questions · 2012 · answers as per the UPSC key

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All years of External Sector & Balance Of Payments · Full UPSC 2012 paper

Which of the following would include Foreign Direct Investment in India?

  1. Subsidiaries of foreign companies in India
  2. Majority foreign equity holding in Indian companies
  3. Companies exclusively financed by foreign companies
  4. Portfolio investment

Select the correct answer using the codes given below :

(a) 1, 2, 3 and 4
(b) 2 and 4 only
(c) 1 and 3 only
(d) 1, 2 and 3 only
Show answer
Answer: (d) 1, 2 and 3 only

Consider the following statements : The price of any currency in international market is decided by the

  1. World Bank
  2. demand for goods/services provided by the country concerned
  3. stability of the government of the concerned country
  4. economic potential of the country in question

Which of the statements given above are correct?

(a) 1, 2, 3 and 4
(b) 2 and 3 only
(c) 3 and 4 only
(d) 1 and 4 only
Show answer
Answer: (b) 2 and 3 only