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Question No. 182Interactive Test Mode
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Q182. With reference to Indian economy, consider the following: 1. Bank rate 2. Open market operations 3. Public debt 4. Public Revenue Which of the above is/are component/components of Monetary Policy?

With reference to Indian economy, consider the following:

  1. Bank rate
  2. Open market operations
  3. Public debt
  4. Public Revenue Which of the above is/are component/components of Monetary Policy?
Select the correct option below (or cross out options to eliminate)

Official Answer Key & Detailed Solution

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 2015 • Indian Economy

Correct Answer: Option (C) — 1 and 2

Concept & Option Breakdown

Standard Reference Verified

Monetary policy relates to the control of money supply, credit availability, and interest rates by the central bank (RBI). Bank Rate and Open Market Operations (OMOs) are quantitative instruments of monetary policy.

Public Debt and Public Revenue are instruments of Fiscal Policy managed by the Government of India through the Ministry of Finance.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2015 (Q182)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Indian Economic Planning & Growth
Official Answer KeyOption (C) — 1 and 2

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Frequently Asked Questions — UPSC Prelims 2015 Q182

What is the official answer for UPSC Prelims 2015 GS Paper I Question 182 (Indian Economy)?

The official UPSC answer key for this 2015 Indian Economy (Indian Economic Planning & Growth) question is Option (C): "1 and 2". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2015 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Indian Economic Planning & Growth". You can explore all repeated questions from Indian Economic Planning & Growth 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 Indian Economic Planning & Growth UPSC Prelims question using option elimination?

To solve Indian Economic Planning & Growth 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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