UPSC PRELIMS 2020 PREVIOUS YEAR Questions (day 17)

1. With reference to Foreign Direct Investment in India, which one of the following is considered its major characteristic?

2. With reference to the international trade of India at present, which of the following statements is/are correct?

1. India’s merchandise exports are less than its merchandise imports.
2. India’s imports of iron and steel, chemicals, fertilisers and machinery have decreased in recent years.
3. India’s exports of services are more than its imports of services.
4. India suffers from an overall trade/current account deficit.

Select the correct answer using the code given below:

3.  The term ‘West Texas Intermediate’, sometimes found in news, refers to a grade of

4. In the context of the Indian economy, non-financial debt includes which of the following?

1. Housing loans owed by households
2. Amounts outstanding on credit cards
3. Treasury bills

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5.  In India, why are some nuclear reactors kept under “IAEA safeguards” while others are not ?