UPSC 2020 › Indian Economy › External Sector & Balance Of Payments
3 questions · 2020 · answers as per the UPSC key
UPSC 2020 · Q49 · Indian Economy › External Sector & Balance Of Payments · Save
If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India ?
- Not depending on short-term foreign borrowings
- Opening up to more foreign banks
- Maintaining full capital account convertibility
Select the correct answer using the code given below :
(a) 1 only
(b) 1 and 2 only
(c) 3 only
(d) 1, 2 and 3
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Answer: (a) 1 only
UPSC 2020 · Q51 · Indian Economy › External Sector & Balance Of Payments · Save
With reference to Foreign Direct Investment in India, which one of the following is considered its major characteristic ?
(a) It is the investment through capital instruments essentially in a listed company.
(b) It is a largely non-debt creating capital flow.
(c) It is the investment which involves debt-servicing.
(d) It is the investment made by foreign institutional investors in the Government securities.
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Answer: (b) It is a largely non-debt creating capital flow.
UPSC 2020 · Q52 · Indian Economy › External Sector & Balance Of Payments · Save
With reference to the international trade of India at present, which of the following statements is/are correct ?
- India’s merchandise exports are less than its merchandise imports.
- India’s imports of iron and steel, chemicals, fertilisers and machinery have decreased in recent years.
- India’s exports of services are more than its imports of services.
- India suffers from an overall trade/current account deficit.
Select the correct answer using the code given below :
(a) 1 and 2 only
(b) 2 and 4 only
(c) 3 only
(d) 1, 3 and 4 only
Show answer
Answer: No single answer
Note: Cancelled by UPSC — marks awarded to all candidates