Acme Ai
A
अ
GS Paper IUPSC Prelims 2016
Current Events
Question No. 63Interactive Test Mode
00:00
+2-0.66

Q63. ‘European Stability Mechanism’, sometimes seen in the news, is an

‘European Stability Mechanism’, sometimes seen in the news, is an

Select the correct option below (or cross out options to eliminate)
PrevNext Question

Official Answer Key & Detailed Solution

3D PYQ Realm

Ready to check the official UPSC Answer Key?

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

Official UPSC Answer KeyUPSC Prelims 2016 • International Relations and Current Affairs

Correct Answer: Option (B) — Agency of EU that provides financial assistance to eurozone countries

Concept & Option Breakdown

Standard Reference Verified

The European Stability Mechanism (ESM) is an intergovernmental organisation established in 2012 by the eurozone member states. It functions as a permanent crisis resolution mechanism to provide emergency financial assistance and loans to eurozone countries experiencing severe financial difficulty.

Reviewed by Avinash Sir & Acme AI Research Team

Practice Full-Length & Sectional Prelims Mocks on this Interface

50 simulated tests in the APT Prelims Test Series (₹1,493) or 1-on-1 Mentorship with Avinash Sir.

1-on-1 MentorshipOpen Test Platform

Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2016 (Q63)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicInternational Relations and Current Affairs → Current Events
Official Answer KeyOption (B) — Agency of EU that provides financial assistance to eurozone countries

Related & Repeated Prelims PYQs (5)

Questions from other UPSC Prelims years testing the same or closely linked concept.

View Cluster in 3D Graph
2023 • Q1784% Match

Consider the following statements: The ‘Stability and Growth Pact’ of the European Union is a treaty that 1. limits the levels of the budgetary deficit of the c

International Relations and Current Affairs • Current EventsSolve
2016 • Q6583% Match

‘Global Financial Stability Report’ is prepared by the:

International Relations and Current Affairs • Current EventsSolve
2022 • Q24982% Match

“Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which one of the following?

Indian Economy • Indian Economic Planning & GrowthSolve
2006 • Q15080% Match

What is Medicines Sans Frontieres (MSF)?

General Knowledge (1995-2010) • MiscellaneousSolve
2010 • Q680% Match

In the context of bilateral trade negotiations between India and European Union, what is the difference between European Commission and European Council? 1. Eur

General Knowledge (1995-2010) • MiscellaneousSolve

More PYQs from International Relations and Current Affairs (Current Events)

Master the International Relations and Current Affairs syllabus cluster by practicing these related previous year questions.

View All International Relations and Current Affairs PYQs
2024 • Q88Current Events

What are the duties of the Chief of Defence Staff (CDS) as Head of the Department of Military Affairs? 1. Permanent Chairman of Chiefs of Staff Commit

International Relations and Current AffairsPractice
2024 • Q89Current Events

Operations undertaken by the Army towards upliftment of the local population in remote areas to include addressing of their basic needs is called:

International Relations and Current AffairsPractice
2024 • Q90Current Events

Which of the following is/are correctly matched in terms of equivalent rank in the three services of Indian Defence forces? | | Army | Airforce | Nav

International Relations and Current AffairsPractice
2024 • Q91Current Events

Who of the following is the author of the books “The India Way” and “Why Bharat Matters”?

International Relations and Current AffairsPractice
2024 • Q92Current Events

Which one of the following was the latest inclusion in the Intangible Cultural Heritage List of UNESCO?

International Relations and Current AffairsPractice
2024 • Q93Current Events

With reference to the Pradhan Mantri Surakshit Matritva Abhiyan, consider the following statements: 1. This scheme guarantees a minimum package of ant

International Relations and Current AffairsPractice
2024 • Q94Current Events

With reference to the Pradhan Mantri Shram Yogi Maandhan (PM-SYM) Yojana, consider the following statements : 1. The entry age group for enrolment in

International Relations and Current AffairsPractice
2024 • Q95Current Events

Consider the following airports: 1. Donyi Polo Airport 2. Kushinagar International Airport 3. Vijayawada International Airport In the recent past, w

International Relations and Current AffairsPractice

Frequently Asked Questions — UPSC Prelims 2016 Q63

What is the official answer for UPSC Prelims 2016 GS Paper I Question 63 (International Relations and Current Affairs)?

The official UPSC answer key for this 2016 International Relations and Current Affairs (Current Events) question is Option (B): "Agency of EU that provides financial assistance to eurozone countries". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2016 question belong to?

This question belongs to GS Paper I under the subject "International Relations and Current Affairs" and micro-topic "Current Events". You can explore all repeated questions from Current Events 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 Current Events UPSC Prelims question using option elimination?

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

Beyond Previous Year Questions

Structured Prelims Practice & Mentorship

Pair previous year question analysis with full-length simulated mock tests and 1-on-1 faculty guidance.

APT 2027 • 50 Prelims Tests17% OFF

Acme Prelims Test Series (APT)

Built to eliminate 1/3rd negative marking losses and 50–50 option traps through structured simulation and NCERT-backed keys.

  • 50 High-Yield Tests: Subject Sectionals, Current Affairs, CSAT Paper II & Full-Length Simulators
  • 1/3rd Penalty & Trap Analytics: Identify whether marks are lost to over-attempting or conceptual gaps
  • Option-by-Option NCERT Keys: Detailed distractor analysis and elimination logic for every question
  • Custom PDF-to-Mock Generator: Convert your revision notes or current affairs PDFs into practice tests
Complete 50-Test Package
₹1,493₹1,799• Valid till Prelims 2027
Explore APT Test SeriesTry Free Mock
1-on-1 Personal MentorshipCapped at 10 Seats

1-on-1 UPSC Mentorship with Avinash Sir

Weekly 1-on-1 strategy reviews, daily study accountability, and personalized MCQ attempt audits with an experienced UPSC mentor.

  • Weekly 1-on-1 Sessions: Direct mentorship with Avinash Sir (Former Plutus IAS Mentor, UPSC & UPPCS Mains Written)
  • APT 50-Test Series Included: Full Prelims GS1 & CSAT test series bundled at no additional cost
  • Mock Attempt & Elimination Audit: Question-by-question review to calibrate your risk and attempt accuracy
  • Prelims & Integrated Tracks: Available as dedicated Prelims mentorship or end-to-end Prelims + Mains guidance
Prelims & Integrated Tracks
17% OFF• Includes APT 50-Test Series
Explore 1-on-1 MentorshipCompare Tracks
Previous QuestionWhich of the following is/are the indicator/indicators used by IFPRI to compute the Global Hunger Index Report? 1. Undernourishment 2. Child stunting 3. Child mortality Select the correct answer using the code given below.
Next QuestionThe term ‘Regional Comprehensive Economic Partnership’ often appears in the news in the context of the affairs of a group of countries known as: