Adopting suitable policies which attract greater FDI and more funds from FIIs.

1.Consider the following actions which the government can take:
1. Devaluing the domestic currency.
2. Reduction in the export subsidy.
3. Adopting suitable policies which attract greater FDI and more funds from FIIs.
Which of the above action/actions can help in reducing the current account deficit? [UPSC 2011 (CS-P)]
(a) 1 and 2
(b) 2 and 3
(c) 3 only
(d) 1 and 3
Answer: (d)
2.Consider the following countries:
1. Brunei Darussalam
2. East Timor
3. Laos
Which of the above is/are member/members of ASEAN? [UPSC 2009(CS-P)]
(a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
Answer: (c)
3.Consider the following pairs:

Large Bank
Country of origin
1.ABN Amro Bank :USA
2. Barclays Bank : UK
3. Kookmin bank :Japan
Which of the above pair is/are correctly matched? [UPSC 2009(CS-P)]
(a) 1 only
(b) 2 only
(c) 1 and 2
(d) 2 and 3
Answer: (b)
4. Consider the following statements:
The functions of commercial banks in India include
1. Purchase and sale of shares and securities on behalf of customers.
2. Acting as executors and trustees of wills.
Which of the statements given above is/are correct? [UPSC 2010 (CS-P)]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (c)
5. Consider the following statements:
In India, taxes on transactions in Stock Exchanges and Futures Markets are
1. levied by the Union.
2. collected by the States.
Which of the statements given above is/are correct? [UPSC 2010 (CS-P)]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (a)
6. Consider the following statements:
1. The Union Government fixes the Statutory Minimum Price of sugarcane for each sugar season.
2. Sugar and sugarcane are essential commodities under the Essential Commodities Act.
Which of the statements given above is/are correct? [UPSC 2010 (CS-P)]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (c)
7. Consider the following statements:
1. The “Bombay Manifesto” signed in 1936 openly opposed the preaching of socialist ideals.
2. It evoked support from a large section of business community from all across India.
Which of the statements given above is/are correct? [UPSC 2010 (CS-P)]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (a)
8.Consider the following statements:
1. Brazil. 2. Mexico.
3. South Africa.
According to UNCTAD, which of the above is / are categorized as “Emerging Economies”? [UPSC 2010 (CS-P)]
(a) 1 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2 and 3
Answer: (d)
9. Consider the following statements:
1. India does not have any deposits of Thorium.
2. Kerala's monazite sands contain Uranium.
Which of the statements given above is/are correct? [UPSC 2009(CS-P)]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (d)
10. Economic growth is usually coupled with  [UPSC 2011 (CS-P)]
(a) Deflation
(b) Inflation
(c) Stagflation
(d) Hyperinflation
Answer: (b)