UPSC CSE Prelims

External Sector and Trade question bank (Indian Economy)

Practice 24 free UPSC CSE Prelims Indian Economy - External Sector and Trade questions with answers and step-by-step solutions.

Q1.

General Studies & Governance: In Indian administration and constitutional framework concerning 'Balance of Payments' (External Sector and Trade), which constitutional provision or authority exercises primary jurisdiction?

(A)

Statutory authorities functioning under parliamentary legislation and constitutional mandate (Balance of Payments)

(B)

Ad-hoc advisory bodies without legislative sanction or executive jurisdiction

(C)

Private commercial arbitration panels superseding public law tribunals

(D)

Subordinate local authorities exercising extra-territorial international jurisdiction

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Q2.

General Studies & Governance: In Indian administration and constitutional framework concerning 'Foreign Exchange and FDI' (External Sector and Trade), which constitutional provision or authority exercises primary jurisdiction?

(A)

Statutory authorities functioning under parliamentary legislation and constitutional mandate (Foreign Exchange and FDI)

(B)

Ad-hoc advisory bodies without legislative sanction or executive jurisdiction

(C)

Private commercial arbitration panels superseding public law tribunals

(D)

Subordinate local authorities exercising extra-territorial international jurisdiction

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