UPSC Prelims Practice Questions — America spends £2,900 millions yearly on motors
Q1. The moving assembly-line method of mass production in the early 20th-century US automobile industry was first operationalised at the manufacturing plant of which one of the following companies?
- A. Ford Motor Company
- B. General Motors Corporation
- C. Chrysler Corporation
- D. Studebaker Corporation
Q2. Which of the following are correctly identified as industries or developments associated with the Second Industrial Revolution?
- A large-scale electrical industry driven by breakthroughs in electricity
- The petroleum industry
- The steel industry
- The spinning jenny
- A. 1, 2 and 3
- B. 1, 2 and 4
- C. 2, 3 and 4
- D. 1, 3 and 4
Q3. The first successful powered flight (1903), a landmark achievement of the Second Industrial Revolution era, was carried out by which one of the following?
- A. The Wright brothers
- B. Henry Ford
- C. Thomas Edison
- D. Karl Benz
Q4. By how many percentage points did the US Federal Reserve raise the discount rate in August 1929, on the eve of the stock market crash?
Q5. Which one of the following best defines a 'gold standard' as a monetary system?
- A. A system in which a currency's value is fixed to a set quantity of gold into which it is freely convertible
- B. A system in which the money supply is determined solely by the volume of foreign trade
- C. A system in which currency notes are backed entirely by government bonds
- D. A system in which exchange rates float freely against all other currencies
Q6. Britain's 1925 return to the pre-war gold parity, defining the pound sterling as equal to 123.274 grains of gold, was adopted under which one of the following as Chancellor of the Exchequer?
- A. Winston Churchill
- B. John Maynard Keynes
- C. Ramsay MacDonald
- D. Stanley Baldwin
Q7. Which of the following are correctly identified as features of The Hindu newspaper?
- It is an English-language daily.
- It is published by the Hindu Group of Publications (Kasturi & Sons).
- Under British rule it advocated independence in a moderate vein.
- It was established as a daily newspaper in 1878.
- A. 1, 2 and 3
- B. 2, 3 and 4
- C. 1, 2 and 4
- D. 1, 3 and 4
Q8. Indian auto-component exports to the United States reached approximately how many billion US dollars in FY25?
- A. $6.2 billion
- B. $12.5 billion
- C. $2.5 billion
- D. $18 billion