2016 GS Paper I, all questions

UPSC Prelims 2016 · GS Paper I

Question 75: International Relations and Current Affairs

‘Global Financial Stability Report’ is prepared by the

aEuropean Central Bank
bInternational Monetary Fund
cInternational Bank for Reconstruction and Development
dOrganization for Economic Cooperation and Development

AnswerUPSC’s answer is (b).

The Global Financial Stability Report is a biannual report of the International Monetary Fund that assesses risks to the global financial system. It is published alongside the World Economic Outlook and the Fiscal Monitor. The European Central Bank, the IBRD and the OECD publish other reports.

Why each option is right or wrong
  • (a) The European Central Bank does not publish it.
  • (b) Right: the IMF prepares the Global Financial Stability Report.
  • (c) The IBRD does not publish it.
  • (d) The OECD does not publish it.

Answer: UPSC’s key. Explanation: written by UPSC Grade, not by UPSC.

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Source: UPSC, Civil Services (Preliminary) Examination 2016, General Studies Paper I, Series A. The paper on upsc.gov.in.