UPSC solved previous year questions

UPSC Monetary policy PYQ with Answers

5 solved Monetary policy questions from previous UPSC papers, each with an answer and explanation.

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Questions
5
Years covered
2017–2023
Exam years
4
With answers
5

Monetary policy questions by year

2023 🔒2 2022 🔒1 2020 🔒1 2017 🔒1

UPSC Monetary policy PYQ with Answers

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  1. Q1 2023 Prelims GS

    Consider the following statements: Statement-I: In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes. Statement-II: Central Banks generally assume that they have the ability to counteract the rising consumer prices via monetary policy means. Which one of the following is correct in respect of the above statements?

    EconomyInflation targetingInterest rates
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  2. Q2 2023 Prelims GS

    Which one of the following activities of the Reserve Bank of India is considered to be part of 'sterilization'?

    EconomyMonetary policyOpen market operations
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