SawaalBoxसवाल बॉक्स
1999 · Q46Current AffairsBusiness & Economymoderate

The economic crisis in the latter half of 1990s most seriously affected Indonesia, Thailand, Malaysia and South Korea. The cause of the crisis was

  1. (a)mismanagement of the financial resources and financial sector, in general
  2. (b)the prolonged over-valuation of local currencies vis-à-vis the western currencies
  3. (c)the downswing and recession in the western economies which earlier provided export market to these export-oriented countries
  4. (d)None of the above
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Official answer(a) mismanagement of the financial resources and financial sector, in general

2024 · Q97Current AffairsBusiness & Economyeasy

Consider the following statements : Statement-I : Recently, Venezuela has achieved a rapid recovery from its economic crisis and succeeded in preventing its people from fleeing/emigrating to other countries. Statement-II : Venezuela has the world's largest oil reserves. Which one of the following is correct in respect of the above statements ?

  1. (a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
  2. (b)Both Statement-I and Statement-II are correct, but Statement-II does <i>not</i> explain Statement-I
  3. (c)Statement-I is correct, but Statement-II is incorrect
  4. (d)Statement-I is incorrect, but Statement-II is correct
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Official answer(d) Statement-I is incorrect, but Statement-II is correct

2023 · Q86Current AffairsBusiness & Economymoderate

Consider the following statements : Statement–I : Switzerland is one of the leading exporters of gold in terms of value. Statement–II : Switzerland has the second largest gold reserves in the world. Which one of the following is correct in respect of the above statements?

  1. (a)Both Statement–I and Statement–II are correct and Statement–II is the correct explanation for Statement–I
  2. (b)Both Statement–I and Statement–II are correct and Statement–II is not the correct explanation for Statement–I
  3. (c)Statement–I is correct but Statement–II is incorrect
  4. (d)Statement–I is incorrect but Statement–II is correct
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Official answer(c) Statement–I is correct but Statement–II is incorrect

2022 · Q67Current AffairsBusiness & Economymoderate

Consider the following statements : 1. Vietnam has been one of the fastest growing economies in the world in the recent years. 2. Vietnam is led by a multi-party political system. 3. Vietnam's economic growth is linked to its integration with global supply chains and focus on exports. 4. For a long time Vietnam's low labour costs and stable exchange rates have attracted global manufacturers. 5. Vietnam has the most productive e-service sector in the Indo-Pacific region. Which of the statements given above are correct ?

  1. (a)2 and 4
  2. (b)3 and 5
  3. (c)1, 3 and 4
  4. (d)1 and 2
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Official answer(c) 1, 3 and 4