Sample Materials for CSAT Paper -1 (G.S.) Pre 2013: “Indian Economy – External Sector”

1. BoP is an over all statement of a country’s economic transactions with the rest of the world over some period.
2. Trade account is a part of the capital account.

Which of the statement given above is / are correct.

1. Both 1 & 2
2. 1 only
3. 2 only
4. Neither 1 nor 2

1. India’s share in global trade in services is about 1.3%.
2. Remittances to India have been on the rise over the past few years.
3. Government of India has devalued its currency three times.

Which of the statement given above is / are correct.

1. All of the above
2. 2 & 3 only
3. 1 & 3 only
4. 1 & 2 only