2023 Prelims Paper 1 UPSC Question Paper

UPSC Prelims Paper 1 Question Papers

2023 Prelims Paper 1 UPSC Questions

41.
Consider the following statements:
Statement-I: Interest income from the deposits in Infrastructure Investment Trusts (InvITs) distributed to their investors is exempted from tax, but the dividend is taxable.
Statement-II: InviTs are recognized as borrowers under the 'Securitization and Recon struction of Financial Assets and Enforcement of Security Interest Act, 2002'.
Which one of the following is correct in respect of the above statements?
A.
Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I
B.
Both Statement-I and Statement-II are correct, but Statement-II is not the correct explanation for Statement-I
C.
Statement-I is correct, but Statement-II is incorrect
D.
Statement-I is incorrect, but Statement-II is correct
😑 View Answer Rough Work
ANSWER :
D. Statement-I is incorrect, but Statement-II is correct
42.
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?
A.
Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I
B.
Both Statement-I and Statement-II are correct, but Statement-II is not the correct explanation for Statement-I
C.
Statement-I is correct, but Statement-II is incorrect
D.
Statement-I is incorrect, but Statement-II is correct
😑 View Answer Rough Work
ANSWER :
A. Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I
43.
Consider the following statements:
Statement-I: Carbon markets are likely to be one of the most widespread tools in the fight against climate change.
Statement-II: Carbon markets transfer resources from the private sector to the State.
Which one of the following is correct in respect of the above statements?
A.
Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I
B.
Both Statement-I and Statement-II are correct, but Statement-II is not the correct explanation for Statement-I
C.
Statement-I is correct, but Statement-II is incorrect
D.
Statement-I is incorrect, but Statement-II is correct
😑 View Answer Rough Work
ANSWER :
B. Both Statement-I and Statement-II are correct, but Statement-II is not the correct explanation for Statement-I
44.
Which one of the following activities of the Reserve Bank of India is considered to be part of 'sterilization'?
A.
Conducting 'Open Market Operations'
B.
Oversight of settlement and payment systems
C.
Debt and cash management for the Central and State Governments
D.
Regulating the functions of Non-banking Financial Institutions
😑 View Answer Rough Work
ANSWER :
A. Conducting 'Open Market Operations'
45.
Consider the following markets:
1.Government Bond Market
2.Call Money Market
3.Treasury Bill Market
4.Stock Market
How many of the above are included in capital markets?
A.
Only one
B.
Only two
C.
Only three
D.
All four
😑 View Answer Rough Work
ANSWER :
B. Only two
46.

Which one of the following best describes the concept of 'Small Farmer Large Field'?

A.

Resettlement of a large number of people, uprooted from their countries due to war, by giving them a large cultivable land which they cultivate collectively and share the produce

B.

Many marginal farmers in an area organize themselves into groups and synchronize and harmonize selected agricultural operations

C.

Many marginal farmers in an area together make a contract with a corporate body and surrender their land to the corporate body for a fixed term for which the corporate body makes a payment of agreed amount to the farmers

D.

A company extends loans, technical knowledge and material inputs to a number of small farmers in an area so that they produce the agricultural commodity required by the company for its manufacturing process and commercial production

😑 View Answer Rough Work
ANSWER :

B. Many marginal farmers in an area organize themselves into groups and synchronize and harmonize selected agricultural operations

47.

Consider the following statements:
1.The Government of India provides Minimum Support Price for niger (Guizotia abyssinica) seeds.
2.Niger is cultivated as a Kharif crop.
3.Some tribal people in India use niger seed oil for cooking.
How many of the above statements are correct?

A.

Only one

B.

Only two

C.

All three

D.

None

😑 View Answer Rough Work
ANSWER :

C. All three

48.
Consider the investments in the following assets:
1. Brand recognition
2.Inventory
3.Intellectual property
4.Mailing list of clients
How many of the above are considered intangible investments?
A.
Only one
B.
Only two
C.
Only three
D.
All four
😑 View Answer Rough Work
ANSWER :
C. Only three
49.
Consider the following:
1.Demographic performance
2.Forest and ecology
3.Governance reforms
4.Stable government
5.Tax and fiscal efforts
For the horizontal tax devolution, the Fifteenth Finance Commission used how many of the above as criteria other than population area and income distance?
A.
Only two
B.
Only three
C.
Only four
D.
All five
😑 View Answer Rough Work
ANSWER :
B. Only three
50.
Consider the following infrastructure sectors:
1. Affordable housing
2.Mass rapid transport
3.Health care
4.Renewable energy
On how many of the above does UNOPS Sustainable Investments in Infrastructure and Innovation (S3i) initiative focus for its investments?
A.
Only one
B.
Only two
C.
Only three
D.
All four
😑 View Answer Rough Work
ANSWER :
C. Only three