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GS Paper IUPSC Prelims 1999
Miscellaneous
Question No. 193Interactive Test Mode
00:00
+2-0.66

Q193. The economic crisis in the later half of 1990s most seriously affected Indonesia, Thailand, Malaysia and South Korea. The cause of the crisis was:

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

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 1999 • General Knowledge (1995-2010)

Correct Answer: Option (A) — mismanagement of the financial resources and financial sector, in general

Concept & Option Breakdown

Standard Reference Verified

The Asian Financial Crisis of 1997–1998 was fundamentally triggered by structural weaknesses and mismanagement in the domestic financial systems, including excessive unhedged private external debt, lack of regulatory oversight, and speculative lending.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 1999 (Q193)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicGeneral Knowledge (1995-2010) → Miscellaneous
Official Answer KeyOption (A) — mismanagement of the financial resources and financial sector, in general

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Frequently Asked Questions — UPSC Prelims 1999 Q193

What is the official answer for UPSC Prelims 1999 GS Paper I Question 193 (General Knowledge (1995-2010))?

The official UPSC answer key for this 1999 General Knowledge (1995-2010) (Miscellaneous) question is Option (A): "mismanagement of the financial resources and financial sector, in general". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 1999 question belong to?

This question belongs to GS Paper I under the subject "General Knowledge (1995-2010)" and micro-topic "Miscellaneous". You can explore all repeated questions from Miscellaneous 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 Miscellaneous UPSC Prelims question using option elimination?

To solve Miscellaneous 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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