UPSC previous year question bank

UPSC External sector Previous Year Questions

5 External sector questions asked in previous UPSC examinations, arranged from the latest year with answers and explanations.

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Questions
5
Years covered
2016–2021
Exam years
3
With answers
5

External sector questions by year

2021 🔒2 2019 🔒2 2016 🔒1

UPSC External sector Previous Year Questions

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  1. Q1 Prelims 2021 Prelims GS

    Consider the following:
    1. Foreign currency convertible bonds
    2. Foreign institutional investment with certain conditions
    3. Global depository receipts
    4. Non-resident external deposits
    Which of the above can be included in Foreign Direct Investments?

    EconomyExternal sectorForeign investment
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  2. Q2 Prelims 2021 Prelims GS

    Consider the following statements:
    The effect of devaluation of a currency is that it necessarily
    1. improves the competitiveness of the domestic exports in the foreign markets
    2. increases the foreign value of domestic currency
    3. improves the trade balance
    Which of the above statements is/are correct?

    EconomyEffects of currency devaluationExchange rate
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