2013 Prelims Paper 2 UPSC Question Paper

2013 Prelims Paper 2 UPSC Questions

21.
Who plays football, basketball and hockey?
A.
D
B.
C
C.
B
D.
A
ANSWER :
A. D
22.
Which game do B, C and D play?
A.
Basketball
B.
Hockey
C.
Cricket
D.
Football
ANSWER :
B. Hockey
23.

Geeta is older than her cousin Meena. Meena's brother Bipin is older than Geeta. When Meena and Bipin visit Geeta, they like to play chess. Meena wins the game more often than Geeta.

Based on the above information, four conclusions, as given below, have been made. Which one of these logically follows from the information given above?

A.

While playing chess with Geeta and Meena, Bipin often loses.

B.

Geeta is the oldest among the three.

C.

Geeta hates to lose the game.

D.

Meena is the youngest of the three.

ANSWER :

D. Meena is the youngest of the three.

24.

Directions for the following 4 (four) items:
Read the following two passages and answer the items that follow each passage. Your answers to these items should be based on the passage only.

Passage
Financial markets in India have acquired greater depth and liquidity over the years. Steady reforms since 1991 have led to growing linkages and integration of the Indian economy and its financial system with the global economy. Weak global economic prospects and continuing uncertainties in the international financial markets therefore, have had their impact on the emerging market economic. Sovereign risk concerns, particularly in the Euro area, affected financial markets for the greater part of the year, with the contagion of Greece's sovereign debt problem spreading to India and other economies by way of higher-than-normal levels of volatility.

The funding constraints in international financial markets could impact both the availability and cost of foreign funding for banks and corporates. Since the Indian financial system is bank dominated, banks' ability to withstand stress is critical to overall financial stability. Indian banks, however, remain robust, notwithstanding a decline in capital to risk-weighted assets ratio and a rise in non-performing asset levels in the recent past. Capital adequacy levels remain above the regulatory requirements. The financial market infrastructure continues to function without any major disruption. With further globalization, consolidation, deregulation, and diversification of the financial system, the banking business may become more complex and riskier. Issues like risk and liquidity management and enhancing skill therefore assume greater significance.

According to the passage, the financial markets in the emerging market economies including India had the adverse impact in recent years due to
1. Weak global economic prospects.
2. Uncertainties in the international financial markets.
3. Sovereign risk concerns in the Euro area.
4. Bad monsoons and the resultant crop loss.
Select the correct answer using the code given below:

A.

1 and 2 only

B.

1, 2 and 3

C.

2 and 3 only

D.

2, 3 and 4

ANSWER :

B. 1, 2 and 3

25.
The Indian financial markets are affected by global changes mainly due to the
A.
increased inflow of remittances from abroad.
B.
enormous increase in the foreign exchange reserves.
C.
growing global linkages and integration of the Indian financial markets.
D.
contagion of Greece's sovereign debt problem.
ANSWER :
C. growing global linkages and integration of the Indian financial markets.
26.
According to the passage, in the Indian financial system, banks' ability to withstand stress is critical to ensure overall financial stability because Indian financial system is
A.
controlled by the Government of India.
B.
less integrated with banks.
C.
controlled by Reserve Bank of India.
D.
dominated by banks.
ANSWER :
D. dominated by banks.
27.

Risk and liquidity management will assume more importance in the Indian banking system in the future due to
1. Further globalization.
2. more consolidation and deregulation of the financial system.
3. further diversification of the financial system.
4. more financial inclusion in the economy.
Select the correct answer using the code given below:

A.

1, 2 and 3

B.

2, 3 and 4

C.

1 and 2 only

D.

3 and 4 only

ANSWER :

A. 1, 2 and 3

28.
There are five hobby clubs in a college viz., photography, yachting, chess, electronics and gardening. The gardening group meets every second day, the electronics group meets every third day, the chess group meets every fourth day, the yachting group meets every meets every sixth day. How many times do all the five groups meet on the same day within 180 days?
A.
3
B.
5
C.
10
D.
18
ANSWER :
A. 3
29.

A, B, C, D, and E belong to five different cities P, Q, R, S, and T(not necessarily in that order). Each of one of them comes from a different city. Further, it is given that:
1. B and C do not belong to Q.
2. B and E do not belong to P and R.
3. A and C do not belong to R, S and T.
4. D and E do not belong to Q and T.
Which one of the following statements is not correct?

A.

C belongs to P

B.

D belongs to R

C.

A belongs to Q

D.

B belongs to S

ANSWER :

D. B belongs to S

30.
Seven men, A, B, C, D, E, F and G are standing in a queue in that order. Each one is wearing a cap of a different colour like violet, indigo, blue, green, yellow, orange and red. D is able to see in front of him green and blue, but not violet, E can see caps of all colours other than orange. If E is wearing an indigo coloured cap, then the colour of the cap worn by F is
A.
Blue
B.
Violet
C.
Red
D.
Orange
ANSWER :
C. Red