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UPSC Civil ServicesPrelims2024General Studies Paper I

Question

QQ44. Consider the following : 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap Which of the above is/are considered financial instruments ?

Options

  1. A 1 only
  2. B 2 and 3 only
  3. C 1, 2 and 3
  4. D 1 and 3 only
Show Answer

Correct Answer

D 1 and 3 only

Model Answer

Answer: option D, as per UPSC's final answer key (Series A).

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2024 — Consider the following : 1. Exchange-Traded Funds (ETF) 2… | Dr. Amit IAS Academy