UPSC Prelims PYQs – Economic Institutions & Initiatives (Economy)

1. “Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which one of the following?

[UPSC CSE – 2022 Prelims]

2. With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct?

1. Quantitative restrictions on imports by foreign investors are prohibited.
2. They apply to investment measures related to trade in both goods and services.
3. They are not concerned with the regulation of foreign investment.

Select the correct answer using the code given below:

[UPSC Civil Services Exam – 2020 Prelims]

3. The term ‘Digital Single Market Strategy’ seen in the news refers to

[UPSC Civil Services Exam – 2017 Prelims]

4. Consider the following statements:

1. India has ratified the Trade Facilitation Agreement (TFA) of WTO.
2. TFA is a part of WTO’s Bali Ministerial Package of 2013.
3. TFA came into force in January 2016.

Which of the statements given above is/are correct?

[UPSC Civil Services Exam – 2017 Prelims]

5. Consider the following statements:

1. New Development Bank has been set up by APEC.
2. The headquarters of New Development Bank is in Shanghai.

Which of the statements given above is/ are correct?

[UPSC Civil Services Exam – 2016 Prelims]

6. With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:

1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.
2. The World Bank participates as observer in MFC’s meetings,

Which of the statements given above is/are correct?

[UPSC Civil Services Exam – 2016 Prelims]

7. ‘Global Financial Stability Report’ is prepared by the

[UPSC Civil Services Exam – 2016 Prelims]

8. In the context of which of the following do you sometimes find the terms amber box, blue box, and green box in the news?

[UPSC CSE – 2016 Prelims]

9. The terms ‘Agreement on Agriculture’, ‘Agreement on the Application of Sanitary and Phyto-sanitary Measures’ and ‘Peace Clause’ appear in the news frequently in the context of affairs of the

[UPSC Civil Services Exam – 2015 Prelims]

10. Which of the following organizations brings out the publication known as ‘World Economic Outlook’?

[UPSC Civil Services Exam – 2014 Prelims]

11. Regarding the International Monetary Fund, which one of the following statements is correct?

[UPSC Civil Services Exam – 2011 Prelims]

12. ‘Broad-based Trade and Investment Agreement (BTIA)’ is sometimes seen in the news in the context of negotiations held between India and

[UPSC Civil Services Exam – 2017 Prelims]