UPSC – CSE Prelims 2016
ART & CULTURE – TRIBAL CULTURE IN INDIA
1. Consider the following pairs
Community sometimes In the affairs of mentioned in the news
- Kurd : Bangladesh
- Madhesi : Nepal
- Rohingya : Myanmar
Which of the pairs given above is/are correctly matched?
(a) 1 and 2
(b) 2 only
(c) 2 and 3
(d) 3 only
Ans: (d)
- The import cover serves as an important indicator of the stability of a currency.
- Countries hold foreign-exchange reserves partly to protect themselves against external crises. But how large a stash is enough? One common rule of thumb is that reserves that can cover three months’ worth of imports are adequate.
- By this criterion, China and Russia, whose reserves cover more than two years’ worth, have excessively large hoards.
- Other emerging countries, like India, Brazil, Thailand and Argentina, also have reserves that are several times the amount needed to cover a quarter’s imports.
- America, the issuer of the world’s reserve currency, does not need as thick a buffer as other countries do. Its holdings at the end of March would not have paid for even a month’s imports.