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UPSC PYQs: Current Affairs (Economics)

Review complete published questions grouped by topic: Current Affairs (Economics).

5 published questions

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Questions

Consider the following statements: Statement-I: If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment. Statement-II: The USA Government debt is not backed by any hard assets, but only by the faith of the Government.2024 · Prelims GS1 · Economy & Social Development · Current Affairs (Economics)
Consider the following statements: Statement-I: Syndicated lending spreads the risk of borrower default across multiple lenders. Statement-II: The syndicated loan can be a fixed amount/lump sum of funds, but cannot be a credit line.2024 · Prelims GS1 · Economy & Social Development · Current Affairs (Economics)
Consider the following statements in respect of the digital rupee: 1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy. 2. It appears as a liability on the RBI’s balance sheet. 3. It is insured against inflation by its very design. 4. It is freely convertible against commercial bank money and cash.2024 · Prelims GS1 · Economy & Social Development · Current Affairs (Economics)
Consider the following statements: Statement-I: India does not import apples from the United States of America. Statement-II: In India, the law prohibits the import of Genetically Modified food without the approval of the competent authority.2024 · Prelims GS1 · Economy & Social Development · Current Affairs (Economics)
Consider the following statements: Statement-I: Recently, Venezuela has achieved a rapid recovery from its economic crisis and succeeded in preventing its people from fleeing/emigrating to other countries. Statement-II: Venezuela has the world’s largest oil reserves.2024 · Prelims GS1 · Economy & Social Development · Current Affairs (Economics)