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GS Paper IUPSC Prelims 2000
Banking & Financial System
Question No. 120Interactive Test Mode
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+2-0.66

Q120. Match List I with List II and select the correct answer using the codes given below the lists: | List-I | List-II | | :--- | :--- | | A. Boom | 1. Business activity at high level with increasing income, output and employment at macro level | | B. Recession | 2. Gradual fall of income, output and employment with business activity in a low gear | | C. Depression | 3. Unprecedented level of under employment, and unemployment, drastic fall in income output and employment. | | D. Recovery | 4. Steady rise in the general level of prices, income, output and employment. | Codes:

Match List I with List II and select the correct answer using the codes given below the lists:

List-IList-II
A. Boom1. Business activity at high level with increasing income, output and employment at macro level
B. Recession2. Gradual fall of income, output and employment with business activity in a low gear
C. Depression3. Unprecedented level of under employment, and unemployment, drastic fall in income output and employment.
D. Recovery4. Steady rise in the general level of prices, income, output and employment.

Codes:

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 2000 • Indian Economy

Correct Answer: Option (A) — A-1; B-2; C-3; D-4

Concept & Option Breakdown

Standard Reference Verified

• Boom (A) represents the peak phase where economic activity, income, and employment reach high levels (1). • Recession (B) is the contractionary phase characterized by a gradual fall in output, income, and employment (2). • Depression (C) is a prolonged and severe trough with unprecedented unemployment and drastic falls in output (3). • Recovery (D) is the revival phase showing steady upticks in price levels, output, and employment (4).

Hence, the correct match is A-1, B-2, C-3, D-4.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2000 (Q120)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Banking & Financial System
Official Answer KeyOption (A) — A-1; B-2; C-3; D-4

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Frequently Asked Questions — UPSC Prelims 2000 Q120

What is the official answer for UPSC Prelims 2000 GS Paper I Question 120 (Indian Economy)?

The official UPSC answer key for this 2000 Indian Economy (Banking & Financial System) question is Option (A): "A-1; B-2; C-3; D-4". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2000 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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