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Question No. 296Interactive Test Mode
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Q296. Consider the following items imported by India : 1. Capital goods 2. Petroleum 3. Pearls and precious stones 4. Chemicals 5. Iron and Steel The correct sequence of the decreasing order of these items (as per 94-95 figures), in terms of value is:

Consider the following items imported by India :

  1. Capital goods
  2. Petroleum
  3. Pearls and precious stones
  4. Chemicals
  5. Iron and Steel The correct sequence of the decreasing order of these items (as per 94-95 figures), in terms of value is:
Select the correct option below (or cross out options to eliminate)

Official Answer Key & Detailed Solution

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Click any option above to test yourself under exam conditions, or reveal the explanation directly.

Official UPSC Answer KeyUPSC Prelims 1996 • Indian Economy

Correct Answer: Option (C) — 2, 1, 3, 4, 5

Concept & Option Breakdown

Standard Reference Verified

According to India's foreign trade statistics for 1994–95, the value of imports in descending order was:

  1. Petroleum (crude and products)
  2. Capital goods (machinery and equipment)
  3. Pearls and precious stones
  4. Chemicals
  5. Iron and Steel
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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 1996 (Q296)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Banking & Financial System
Official Answer KeyOption (C) — 2, 1, 3, 4, 5

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Frequently Asked Questions — UPSC Prelims 1996 Q296

What is the official answer for UPSC Prelims 1996 GS Paper I Question 296 (Indian Economy)?

The official UPSC answer key for this 1996 Indian Economy (Banking & Financial System) question is Option (C): "2, 1, 3, 4, 5". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 1996 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Banking & Financial System". You can explore all repeated questions from Banking & Financial System in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Banking & Financial System UPSC Prelims question using option elimination?

To solve Banking & Financial System questions in UPSC Prelims, identify extreme modifiers, verify core NCERT conceptual definitions, and eliminate mutually contradictory statement pairs before locking your final option.

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