1. India is a member of the International Grains Council.
2. A country needs to be a member of the International Grains Council for exporting or importing rice and wheat.
Which of the statements given above is/are correct?
A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2
Correct Answer: Option A
Statement 1: Correct India is indeed a member of the International Grains Council (IGC). It is categorized as an exporting member, given its significant role in the global trade of wheat and rice. The IGC is an intergovernmental organization that oversees the Grains Trade Convention (GTC) and focuses on enhancing international cooperation in the grains trade.
Statement 2: Incorrect Membership in the IGC is not a mandatory requirement for a country to export or import rice and wheat. International trade is governed by bilateral agreements between nations and the rules of the World Trade Organization (WTO).The IGC serves as a forum for information sharing, market transparency, and policy discussion. It does not act as a "licensing body" that grants or denies the right to trade. Many non-member countries regularly engage in the global grain market .Understanding the IGC Scope The IGC monitors more than just wheat and rice. Its mandate covers a wide array of commodities to ensure global food security and market stability. Commodity Category Examples Grains Wheat, Maize (Corn), Barley, Sorghum, Oats, Rye. Rice All types of rice. Oilseeds Soybeans, Rapeseed, Sunflower seed. Pulses Lentils, Peas, Chickpeas, Beans (monitored but not under GTC).The IGC is particularly known for its Grain Market Report (GMR), which provides comprehensive supply and demand fundamentals that help countries make informed trading decisions.
2024
Prelims General Studies (Paper 1) Economy
Consider the following statements in respect of the digital rupee:
1. It is a sovereign currency issued by the Reserve Bank of India (RBI) alignment with its monetary policy.
2. It appears as a liability on the RBI's balance sheet.
3. It is insured against inflation by its very design.
4. It is freely convertible against commercial bank money and cash.
Which of the statements given above are correct?
A1 and 2 only
B1 and 3 only
C2 and 4 only
D1, 2 and 4
Correct Answer: Option D
Statement 1 is Correct: The Digital Rupee (e₹) is a Central Bank Digital Currency (CBDC). It is a digital form of fiat currency and holds the same status as physical cash. It is issued by the RBI and is governed by the same monetary policy objectives as the paper rupee.
Statement 2 is Correct: Unlike "commercial bank money" (which is a liability of your private bank), the Digital Rupee is a direct liability of the Central Bank. On the RBI’s balance sheet, it is recorded under the same category as "Currency in Circulation.
"Statement 3 is Incorrect: This is a common misconception. While the Digital Rupee is "safe" from a credit risk perspective, it is not insured against inflation. Like physical cash, its purchasing power can still decrease if inflation rises. It is a medium of exchange, not a guaranteed hedge against inflation like some indexed bonds or physical gold.
Statement 4 is Correct: The e-Rupee is designed to be interoperable. You can convert your digital rupees into physical cash or transfer them into your commercial bank account (and vice versa) at a 1:1 parity without any loss in value .Understanding the CBDC Ecosystem The Digital Rupee essentially bridges the gap between the "safety" of physical cash and the "convenience" of digital payments. Here is how it compares to the money you currently use:FeaturePhysical CashCommercial Bank Money (UPI/NEFT)Digital Rupee (CBDC)IssuerRBICommercial BanksRBIFormPhysicalDigital EntryDigital TokenLiability ofRBIThe BankRBIAnonymityHighLowManaged Anonymity
2024
Prelims General Studies (Paper 1) Economy
Consider the following statements:
Statement-I: Syndicated lending spreads the risk of borrower default across multiple lenders.
Statement-II: The syndicated loan can be fixed amount/lump sum of funds, but cannot be a credit line.
Which one of the following is correct in respect of the above statements?
ABoth Statement-I and Statement-II are correct and Statement-I Statement-II explains
BBoth Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
CStatement-I is correct, but Statement-II is incorrect
DStatement-I is incorrect, but Statement-II is correct
Correct Answer: Option C
Statement-I: Correct Syndicated lending involves a group of lenders (the syndicate) providing funds to a single borrower. Because no single bank holds the entire loan on its books, the risk of default is diversified across all participating institutions. This allows banks to participate in massive deals (like infrastructure projects or major acquisitions) without exceeding their individual risk limits.
Statement-II: Incorrect A syndicated loan is highly flexible regarding its structure. While it can certainly be a fixed amount (Term Loan), it frequently functions as a revolving credit line.
In fact, many large corporations use syndicated facilities specifically as "backstop" credit lines to ensure liquidity or to support commercial paper programs. Comparison of Loan Types in Syndication Feature Term Loan (Lump Sum)Revolving Credit Line Funding Disbursed in full at the start. Drawn, repaid, and redrawn as needed. Repayment Scheduled installments (amortization).Flexible, usually based on cash flow. Purpose Specific projects or acquisitions. Working capital and liquidity management.
2024
Prelims General Studies (Paper 1) Economy
Consider the following statements:
India is a member of the International Grains Council.
A country needs to be a member of the International Grains Council for exporting or importing rice and wheat.
Which of the statements given above is/are correct?
A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2
Correct Answer: Option A
Analysis of Statement 1
Statement 1 is correct. India is an active member of the International Grains Council. The IGC is an intergovernmental organization that oversees the Grains Trade Convention, 1995. It aims to promote international cooperation in the grains trade, particularly concerning wheat, rice, maize, and oilseeds. India is categorized as an exporting member within the council.
Analysis of Statement 2
Statement 2 is incorrect. Membership in the IGC is not a mandatory requirement for a country to engage in the import or export of rice and wheat. The IGC serves as a platform for information sharing, market transparency, and policy cooperation. International trade is governed by World Trade Organization (WTO) rules and bilateral trade agreements between specific nations. Non-member countries can and do trade grains globally without being signatories to the Grains Trade Convention.
Key Facts about the IGC The IGC provides crucial data and analysis to its members to help stabilize global markets. Its scope has expanded over the years beyond just wheat to include various commodities.
Feature Details Headquarters London, United Kingdom
Key Commodities Wheat, Rice, Maize, Barley, Sorghum, Oats, Rye Primary Goal Enhancing market transparency and grain food security India's Status Exporting Member
2024
Prelims General Studies (Paper 1) Economy
Consider the following statements in respect of the digital rupee:
It is a sovereign currency issued by the Reserve Bank of India (RBI) alignment with its monetary policy.
It appears as a liability on the RBI's balance sheet.
It is insured against inflation by its very design.
It is freely convertible against commercial bank money and cash.
Which of the statements given above are correct?
A1 and 2 only
B1 and 3 only
C2 and 4 only
D1, 2 and 4
Correct Answer: Option D
Evaluation of Statements
Statement 1 is Correct: The Digital Rupee is a sovereign currency issued by the RBI. It has the same legal tender status as physical cash and is managed in accordance with the RBI's monetary policy objectives.
Statement 2 is Correct: Just like physical currency (banknotes and coins), the Digital Rupee is a direct claim on the central bank. Therefore, it appears as a liability on the RBI’s balance sheet, unlike "commercial bank money" which is a liability of private or public sector banks.
Statement 3 is Incorrect: The Digital Rupee is not insured against inflation. It is a digital form of the national currency; its purchasing power fluctuates just like physical cash. If the inflation rate is 5%, the real value of 100 Digital Rupees will decrease by 5%, exactly like a ₹100 note
.Statement 4 is Correct: It is designed to be freely convertible. Users can convert their physical cash or commercial bank deposits (money in their savings accounts) into Digital Rupees at a 1:1 ratio and vice-versa.Key Features of Digital Rupee ($e₹$)Non-Interest Bearing: To prevent a flight of deposits from commercial banks, the RBI does not currently pay interest on the Digital Rupee.
Anonymity: It aims to provide a degree of anonymity for small-value transactions, similar to physical cash, unlike traditional digital banking transfers (UPI/IMPS) which leave a permanent bank statement trail.Finality of Settlement: Since it is a liability of the RBI, the settlement is instantaneous and final, reducing the "interbank settlement risk" inherent in commercial bank transfers.Summary TableFeaturePhysical CashDigital Rupee (e₹)UPI / Bank TransferIssuerRBIRBICommercial BankLiability ofCentral BankCentral BankCommercial BankConvertibilityYes (1:1)Yes (1:1)Yes (1:1)Interest PaidNoNoYes (usually)
2024
Prelims General Studies (Paper 1) Economy
Consider the following statements:
Statement-I: Syndicated lending spreads the risk of borrower default across multiple lenders.
Statement-II: The syndicated loan can be fixed amount/lump sum of funds, but cannot be a credit line.
Which one of the following is correct in respect of the above statements?
ABoth Statement-I and Statement-II are correct and Statement-I Statement-II explains
BBoth Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
CStatement-I is correct, but Statement-II is incorrect
DStatement-I is incorrect, but Statement-II is correct
Correct Answer: Option C
Analysis of Statement-I
Statement-I is correct. The primary purpose of a syndicated loan is to allow a group of lenders (the syndicate) to provide a very large loan to a single borrower. By doing this, no single bank is exposed to the entire risk of the borrower defaulting. If the borrower fails to pay, the loss is shared among the participating banks according to their percentage of the total loan
Analysis of Statement-II
Statement-II is incorrect. A syndicated loan is highly flexible in its structure. While it can certainly be a Term Loan (a fixed lump sum), it can also be a Revolving Credit Line (or "revolver"). In fact, many large corporate syndications consist of both—a term loan and a revolving credit facility—to help the company manage both long-term investment and short-term operational cash flow.Key Components of Syndicated LendingThe Lead Arranger: The "mandated" bank that negotiates the terms and brings other banks into the deal.The Agent Bank: The bank that handles the administration, such as distributing interest payments to all the members of the syndicate.Diversification: Lenders use syndication to diversify their portfolios across different industries and geographies without over-committing capital to one entity.Loan TypeDescriptionCan it be Syndicated?Term LoanA lump sum paid upfront, repaid over a set schedule.YesRevolving CreditA "line" where the borrower can draw, repay, and redraw funds.YesLetter of CreditA guarantee from the banks to a third party.Yes
2024
Prelims General Studies (Paper 1) Economy
Consider the following statements:
Statement-I: If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment.
Statement-II: The USA Government debt is not backed by any hard assets, but only by the faith of the Government.
Which one of the following is correct in respect of the above statements?
ABoth Statement-1 and Statement-II are correct and Statement-II explains Statement-I
BBoth Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
CStatement-I is correct, but Statement-II is incorrect
DStatement-I is incorrect, but Statement-II is correct
Correct Answer: Option D
2024
Prelims General Studies (Paper 1) History
With reference to revenue collection by Cornwallis, consider the following statements:
1. Under the Ryotwari Settlement of revenue collection, the peasants were exempted from revenue payment in case of bad harvests or natural calamities.
2. Under the Permanent Settlement in Bengal, if the Zamindar failed to pay his revenues to the state, on or before the fixed date, he would be removed from his Zamindari.
Which of the statements given above is/are correct?
A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2
Correct Answer: Option B
Cornwallis’ revenue collection (Bengal)
Refers mainly to Permanent Settlement (1793) introduced under Governor-General Lord Cornwallis in Bengal.
Ryotwari Settlement
A land-revenue system where the government deals directly with the ryot (cultivator/peasant), rather than through zamindars. (Historically associated with Madras/Bombay Presidencies, not Bengal under Cornwallis.)
Permanent Settlement (Bengal)
Land revenue demand on zamindars was fixed permanently; they had to pay the state on schedule. A strict rule called the “Sunset Law” required payment by the due date before sunset; failure led to sale/auction of the estate.
1) “Under the Ryotwari Settlement… peasants were exempted from revenue payment in case of bad harvests/natural calamities.”
❌ Incorrect. In the ryotwari system, peasants were often required to pay revenue even when crops were destroyed by floods or drought; it was not an automatic exemption.
(Also, linking this to “revenue collection by Cornwallis” is itself suspect because ryotwari is not Cornwallis’ Bengal settlement.)
2) “Under the Permanent Settlement in Bengal, if the Zamindar failed to pay revenues on or before the fixed date, he would be removed from his Zamindari.”
✅ Correct in effect. Under the Sunset Law, non-payment by the due time led to the sale/auction of the zamindari estate, which effectively removes the zamindar from it.
2024
Prelims General Studies (Paper 1) History
Who of the following rulers of medieval India gave permission to the Portuguese to build a fort at Bhatkal?
AKrishnadevaraya
BNarasimha Saluva
CMuhammad Shah III
DYusuf Adil Shah
Correct Answer: Option A
2024
Prelims General Studies (Paper 1) Geography
The longest border between any two countries in the world is between:
ACanada and the United States of America
BChile and Argentina
CChina and India
DKazakhstan and Russian Federation
Correct Answer: Option A
2024
Prelims General Studies (Paper 1) International Relations Current Affairs
Operations undertaken by the Army towards the upliftment of the local population in remote areas to include addressing of their basic needs is called:
AOperation Sankalp
BOperation Maitri
COperation Sadbhavana
DOperation Madad
Correct Answer: Option C
2024
Prelims General Studies (Paper 1) Polity
How many Delimitation Commissions have been constituted by the Government of India till December 2023?
AOne
BTwo
CThree
DFour
Correct Answer: Option D
Delimitation: Redrawing the boundaries of Lok Sabha and State Assembly constituencies to reflect population changes (usually after a Census).
Delimitation Commission: A high-powered body set up by the Government of India under a Delimitation Act to carry out delimitation. Its orders have the force of law.
How many have been constituted till December 2023?
There are two ways this gets counted:
Standard “all-India” count (what most MCQs mean):
Delimitation Commissions were constituted in 1952, 1963, 1973, and 2002 — i.e., four times.
Strict “every commission ever constituted” count (including the special 2020 one):
A Rajya Sabha answer (Ministry of Law & Justice, 3 April 2025) lists five commissions: 1952, 1963, 1973, 2002, and 2020 (the 2020 one was under the 2002 Act for Jammu & Kashmir and initially four NE states). But “five” isn’t an option in the question.
2024
Prelims General Studies (Paper 1) Environment & Ecology
The Organisms “Cicada, Froghopper and Pond Skater” are :
(a)
(b)
(c)
(d)
ABirds
BFish
CInsects
DReptiles
Correct Answer: Option C
Cicada: A plant-feeding true bug known for loud mating calls.
Froghopper (spittlebug): A small jumping true bug; its nymph makes “cuckoo spit” foam on plants.
Pond skater (water strider): A surface-dwelling true bug that “skates” on water using surface tension.
All three belong to the class Insecta (they are insects), specifically within the order Hemiptera (true bugs).
2024
Prelims General Studies (Paper 1) Economy
Consider the following statements:
Statement-I: If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment.
Statement-II: The USA Government debt is not backed by any hard assets, but only by the faith of the Government.
Which one of the following is correct in respect of the above statements?
ABoth Statement-1 and Statement-II are correct and Statement-II explains Statement-I
BBoth Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
CStatement-I is correct, but Statement-II is incorrect
DStatement-I is incorrect, but Statement-II is correct
Correct Answer: Option D
US Treasury Bonds
Debt securities issued by the US government. When you hold one, the government promises to pay interest and repay the principal at maturity.
Default on debt
Failure (or refusal / delay) to make promised payments (interest and/or principal) on time and in full, as per the bond contract.
“Exercise their claims”
Bondholders have a legal claim (a right to be paid under the bond’s terms). “Exercising” it means demanding payment and, in theory, pursuing remedies (though suing a sovereign government has practical limits).
Backed by hard assets vs. backed by faith/credit
Hard assets backing: a specific pool of assets pledged as collateral (like a mortgage backed by property).
Full faith and credit: repayment depends on the government’s taxing power, borrowing capacity, and willingness to pay—not on earmarked collateral.
Statement I:If the USA were to default, holders of US Treasury Bonds will not be able to exercise their claims to receive payment.
❌ Incorrect as stated.
A default means holders may not receive payment as promised (on time/in full), but it doesn’t mean they “cannot exercise their claims” at all. They still do have a claim under the bond contract; the problem in default is that the issuer fails to honor it properly (and remedies against a sovereign may be limited, but the claim doesn’t vanish).
Statement II:The USA Government debt is not backed by any hard assets, but only by the faith of the Government.
✅ Correct in essence.
US Treasuries are generally not collateralized by specific hard assets; they rely on the government’s full faith and credit (its capacity and commitment to pay).
2024
Prelims General Studies (Paper 1) Science and Technology
Consider the following:
i. Battery storage
ii. Biomass generators
iii. Fuel cells
iv. Rooftop solar photovoltaic units
How many of the above are considered “Distributed Energy Resources”?
AOnly one
BOnly two
COnly three
DAll four
Correct Answer: Option D
Distributed Energy Resources (DERs)
DERs are small-to-medium energy resources located close to where electricity is used (at the “distribution” level, not big centralized power plants). They can either:
Generate electricity (e.g., rooftop solar, biomass gensets, fuel cells), or
Store electricity (e.g., battery storage), or
Sometimes manage demand (not in your options).
The key idea: decentralized + near the load, often connected to the local distribution network or behind-the-meter.
Battery storage
Stores electricity and can supply it locally when needed.
✅ Considered a DER.
Biomass generators
Small/local biomass-based generators (especially when installed for a campus, industry, community, etc.) are distributed generation.
✅ Considered a DER.
Fuel cells
Fuel-cell systems (often used on-site for buildings/industries) generate electricity locally.
✅ Considered a DER.
Rooftop solar photovoltaic units
Classic example of DER: generation right at the consumer site.
✅ Considered a DER.
2024
Prelims General Studies (Paper 1) Art & Culture
Which one of the following is a work attributed to playwright Bhasha?
AKavyalankara
BNatyashastra
CMadhyama-vyayoga
DMahabhashya
Correct Answer: Option C
Bhasha (Bhāsa)
One of the earliest and most famous Sanskrit playwrights (often placed before Kālidāsa). A number of classical Sanskrit plays are traditionally attributed to him.
“Work attributed to”
In ancient Indian literature, authorship is sometimes based on later tradition and manuscript transmission, so the question is asking which title is known as a Bhāsa play.
(a) Kavyalankara
A term used for poetics/ornamentation treatises (alaṅkāra-śāstra). The famous Kāvyālaṅkāra is associated with Bhāmaha (and other “kavyalankara”-titled works with later theoreticians), not Bhāsa.
❌ Not Bhāsa.
(b) Natyashastra (Nāṭyaśāstra)
The foundational Indian text on dramaturgy, traditionally attributed to Bharata Muni, not Bhāsa.
❌ Not Bhāsa.
(c) Madhyama-vyayoga (Madhyamavyāyoga)
A Sanskrit play belonging to the vyāyoga type, and it is attributed to Bhāsa.
✅ This matches Bhāsa.
(d) Mahabhashya (Mahābhāṣya)
The great Sanskrit grammar commentary by Patañjali, not Bhāsa.
❌ Not Bhāsa.
About UPSC CSE Prelims 2024 Previous Year Questions
Practicing previous year questions is one of the most effective strategies for UPSC CSE exam preparation. This page contains 16 authentic questions from the UPSC CSE Prelims 2024 examination, complete with answers and detailed explanations.
At Quintessence Classes, we believe that understanding past exam patterns is crucial for success in competitive examinations. Our curated PYQ collection helps students identify frequently tested topics, understand the difficulty level, and practice with real exam questions. Whether you are preparing for UPSC CSE, JKPSC KAS, or JKSSB exams, our previous year questions database is designed to give you an edge in your preparation.