Previous year MCQs

Current Affairs UPPSC 2010 GS-I
Question

Consider the following statements and state which is/are correct?

1) The sub-prime crisis which hit the U.S. economy was caused by sudden increase in oil prices.
2) The crisis is to default in home-loan repayment.
3) It led to failure of some U.S. banks.
4) Sub prime crisis caused crash in Indian Stock Market.

Choose your answer from given code.
Codes:

Answer & Solution

Answer: (Detailed Solution Below)

Option C: 2, 3 and 4 only

Detailed Solution:

The correct answer is “2, 3 and 4 only”.
The subprime mortgage crisis of 2007–2010 was caused by a number of factors but not sudden increase in oil prices.

Similar Questions:

Consider the following events and arrange them in correct chronological order starting from the earliest to the last activity:

1. Pradhan Mantri Gramodaya Yojana
2. Rural Employment Generation Programme
3. Prime Minister Rozgar Yojana
4. Valmiki Ambedkar Awas Yojana

Select the correct answer from the codes given below:
  1. A) 2,3,4,1
  2. B) 4,2,1,3
  3. C) 1,2,3,4
  4. D) 3,2,1,4
Which movie has been given the Best Movie Award in 66th Golden Globe Awards ?
  1. A) Mall E
  2. B) Slumdog Millionaire
  3. C) The Dark Night
  4. D) The Reader
President A.P.J. Abdul Kalam visited so many countries; one of them happens to be a count visited by any President of India for the first it. Which one of these is that country?
  1. A) Mauritius
  2. B) South Africa
  3. C) Myanmar
  4. D) None of these
How many teams participated in FIFA World Cup organised in Russia from 14 June – 15 July 2018?
  1. A) 32
  2. B) 34
  3. C) 36
  4. D) 30
Which South American Country has elected Leftist Leader as its President for the first time the 180 year old history of South America
  1. A) Venezuela
  2. B) Argentina
  3. C) Uruguay
  4. D) Bolivia
SEZ India mobile app has been launched in January 2017 by:
  1. A) Ministry of Labour and Employment.
  2. B) Ministry of Finance
  3. C) Ministry of Commerce and Industry
  4. D) Ministry of Corporate Affairs
In the first week of October 2009, I.C.C. announced its World ODI team of the year. Who among the following Indians is not included in the team?
  1. A) Virendra Sehwag
  2. B) Yuvraj Singh
  3. C) Sachin Tendulkar
  4. D) M.S. Dhoni
With reference to the Human Development Report, 2021-22, which of the following statement is/are correct?

(1) India's rank on the Human Development Index has upgraded from 130 in 2020 to 132 in 2022.
(2) India's rank on the Human Development Index has stripped from 130 in 2020 to 132 in 2022.

Select the correct answer using the code given below—
Code-
  1. A) Only 1
  2. B) Only 2
  3. C) Both 1 and 2
  4. D) Neither 1 nor 2
During 2004-05, which one of the following had the highest share in India's exports?
  1. A) Agriculture and allied products
  2. B) Ores and minerals
  3. C) Manufactured goods
  4. D) Petroleum products
The recipient of the Magsaysay Award-2003 is:
  1. A) L.M.Shingvi
  2. B) J.M. Lyndon
  3. C) V.N. Khare
  4. D) Yashwant Sinha
Which one of the following is the main objective of Janani Suraksha Yojana?
  1. A) Reduction in maternal mortality rate only
  2. B) Reduction in neo-natal mortality rate only.
  3. C) Reduction in infant mortality rate only
  4. D) Reduction in maternal and neo-natal mortality rate
Agni-1 missile was test fired on July 4, 2004. The effective range of this missile is:
  1. A) 100 Kms
  2. B) 300 Kms
  3. C) 400 Kms
  4. D) More than 700 Kms