Answer Key UPSC Prelims 2022 GS 1 - Download

Static Quiz

Static Quiz – 31st March 2022

1. Micro Units Development and Refinance Agency Bank (or MUDRA Bank) is a public sector financial institution in India. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs. The bank will initially function as a non-banking financial company and a subsidiary under:


2. Which of the following can be classified into Derivative instruments?

  1. Forwards
  2. Futures
  3. Swaps
  4. Loans and receivables

Select the correct answer using the codes below.


3. Which of the following statements is not correct about participatory notes?


4. Which of the following best defines Tax buoyancy?


5. Consider the following statements with reference to Macroeconomic Vulnerability index

  1. The Macroeconomic Vulnerability Index is released by the IMF yearly.
  2. This Index adds together the rate of inflation, current account deficit and fiscal deficit of a country.

Which of the statements given above is/are correct?


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