PSC Chronicles Team

1. Import cover of foreign exchange reserves measures:

2. India’s External Debt to GDP ratio of 19.2% indicates:

3. The Current Account of Balance of Payments includes:

4. Terms of Trade (ToT) refer to:

5. The top source country for FDI in India (cumulative) is:

6. India’s major export items include:

7. Which state received the highest FDI equity inflow in India?

8. Secondary Income (Transfers) in Balance of Payments includes:

9. India remained the world’s largest recipient of remittances with inflows of:

10. The 1991 Balance of Payments crisis in India was caused by:

11. FDI policy in India is formulated by:

12. India’s share in global merchandise exports is:

13. Union Budget 2025-26 proposed to increase FDI limit in insurance sector to:

14. India’s merchandise trade deficit in FY 2024-25 was approximately:

15. Foreign Exchange Reserves are held and managed by:

16. The highest ever monthly trade deficit in India was recorded in:

17. Balance of Payments (BoP) is defined as:

18. The components of Foreign Exchange Reserves are:

19. India’s Foreign Exchange Reserves as of January 2026 stood at:

20. The Balance of Trade (BoT) refers to:

21. India’s services exports are significant because:

22. Current Account Deficit (CAD) occurs when:

23. The Liberalized Remittance Scheme (LRS) allows:

24. The Tarapore Committee was related to:

25. Foreign Direct Investment (FDI) is defined as:

26. India-US trade deal and India-EU FTA are significant for:

27. FDI in India can come through which routes?

28. Special Drawing Rights (SDRs) are:

29. The concept of ‘Hot Money’ refers to:

30. India’s major import items include:

31. India’s cumulative FDI inflows from April 2000 to December 2025 crossed:

32. The Marshall-Lerner Condition states that:

33. The J-Curve effect in international trade suggests that:

34. A Balance of Payments crisis occurs when:

35. The sector attracting highest FDI equity inflow in India is:

36. The Capital and Financial Account of BoP includes:

37. Foreign Portfolio Investment (FPI) is characterized by:

38. Under FEMA, Current Account transactions are:

39. The Real Effective Exchange Rate (REER) measures:

40. The Balance of Payments always balances because:

41. The key difference between FDI and FPI is:

42. The term ‘Twin Deficit’ refers to:

43. FEMA (Foreign Exchange Management Act) was enacted in:

44. Invisibles in Balance of Payments refer to:

45. Primary Income in Balance of Payments includes:

46. Capital Account Convertibility means:

47. India’s External Debt as of September 2025 stood at:

48. External Commercial Borrowings (ECBs) refer to:

49. Net International Investment Position (NIIP) measures:

50. India’s Current Account Deficit in H1 FY 2025-26 was: