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GS Paper IUPSC Prelims 2023
Human & Political Geography
Question No. 112Interactive Test Mode
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Q112. 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?

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?

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 2023 • Geography

Correct Answer: Option (C) — Statement-I is correct but Statement-II is incorrect

Concept & Option Breakdown

Standard Reference Verified

Statement-I is correct: Switzerland is consistently the world's largest gold exporter by value due to its massive, high-tech refining capacity which processes and re-exports unrefined bullion globally.

Statement-II is incorrect: The United States, Germany, Italy, France, Russia, and China hold larger official central bank gold reserves than Switzerland.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2023 (Q112)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicGeography → Human & Political Geography
Official Answer KeyOption (C) — Statement-I is correct but Statement-II is incorrect

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Frequently Asked Questions — UPSC Prelims 2023 Q112

What is the official answer for UPSC Prelims 2023 GS Paper I Question 112 (Geography)?

The official UPSC answer key for this 2023 Geography (Human & Political Geography) question is Option (C): "Statement-I is correct but Statement-II is incorrect". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2023 question belong to?

This question belongs to GS Paper I under the subject "Geography" and micro-topic "Human & Political Geography". You can explore all repeated questions from Human & Political Geography 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 Human & Political Geography UPSC Prelims question using option elimination?

To solve Human & Political Geography 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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Previous QuestionWith reference to coal-based thermal power plants in India, consider the following statements: 1. None of them uses seawater. 2. None of them are set up in water-stressed districts. 3. None of them is privately owned. How many of the above statements are correct?
Next QuestionWith reference to India’s projects on connectivity, consider the following statements: 1. East-West Corridor under Golden Quadrilateral Project connects Dibrugarh and Surat. 2. The Trilateral Highway connects Moreh in Manipur and Chiang Mai in Thailand via Myanmar. 3. Bangladesh-China-India-Myanmar Economic Corridor connects Varanasi in Uttar Pradesh with Kunming in China. How many of the above statements are correct?