2003 General Studies, all questions

UPSC Prelims 2003 · General Studies

Question 59: Economy and Social Development

Consider the following statements

  1. 1.India’s import of crude and petroleum product during the year 2001-02 accounted for about 27% of India’s total imports.
  2. 2.During the year 2001-02, India’s exports had increased by 10% as compared to the previous year

Which of these statements is/are correct?

aOnly 1
bOnly 2
cBoth 1 and 2
dNeither 1 nor 2

AnswerThe answer is (a).

Statement 1 is accepted: crude oil and petroleum products were about a quarter of India's imports in 2001-02 (the key takes about 27 per cent). Statement 2 is false: India's exports in 2001-02 did not grow by 10 per cent; they were flat or slightly lower than in 2000-01, after a year of strong growth. Remember that oil is India's single largest import item.

  • 1. Oil imports were about 27 per cent of total imports in 2001-02, as the key accepts.
  • 2. Exports did not rise by 10 per cent in 2001-02; they were flat or slightly down.
Why each option is right or wrong
  • (a) Correct: only statement 1.
  • (b) Statement 2 is false: exports did not rise by 10 per cent.
  • (c) Statement 2 is false, so both cannot hold.
  • (d) Statement 1 is accepted as true, so 'neither' fails.

Explanation: written by UPSC Grade, not by UPSC.

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Source: UPSC, Civil Services (Preliminary) Examination 2003, General Studies. UPSC's own paper isn't online; the words are from a published compilation. The paper on upsc.gov.in.