Contemporary Events: World: UPSC Previous Year Questions (General Knowledge)
2 previous year UPSC Prelims questions on Contemporary Events: World (General Knowledge). Choose an option to see the answer and explanation.
Explanations state facts as of the year each question was asked; words like “recently” refer to that year.
Showing 1–2 of 2 questions
UPSC 1999General Knowledge · Contemporary Events: World
Q1. The economic crisis in the later half of 1990s most seriously affected Indonesia, Thailand, Malaysia and South Korea. The cause of the crisis was:
Explanation
The Asian Financial Crisis of 1997-1998 profoundly impacted countries such as Indonesia, Thailand, Malaysia, and South Korea. The primary catalyst for this crisis was the mismanagement of financial resources and weaknesses within the financial sector. This mismanagement led to excessive borrowing, over-leveraging, and speculative investments, creating vulnerabilities within these economies. While factors like currency overvaluation and global economic conditions played contributory roles, the fundamental cause was the structural weaknesses in financial management and governance within these nations.
UPSC 1999General Knowledge · Contemporary Events: World
Q2. Which one of the countries labelled as 1, 2, 3 and 4 on the given may was granted membership of G-15 in its VII Summit at Kuala Lumpur?
Explanation
At its 7th Summit in Kuala Lumpur in 1997, Kenya was granted membership, becoming the 16th member of the group.
Additional insight:
The Group of 15 (G-15) was originally established at the 9th Non-Aligned Movement (NAM) Summit in Belgrade in 1989 as a forum for cooperation among developing countries. The organization focuses on economic and development-related issues and aims to promote South-South cooperation.
Answer key for these questions
Q
UPSC year
Correct answer
1
1999
(a) mismanagement of the financial resources and financial sector, in general
2
1999
(d) 4
Frequently asked questions
How many previous year UPSC questions are there on Contemporary Events: World?
This page covers 2 previous year UPSC Prelims GS Paper-I questions on Contemporary Events: World (General Knowledge), asked from 1996 to 2010. Each has the correct answer and an explanation.
How should I use previous year UPSC questions for Prelims?
Attempt each question first, then open the answer and read the explanation for every option. Repeat by chapter, and track which statements UPSC reuses across years. Previous year questions show the exam pattern and difficulty level.
Which years are covered for Contemporary Events: World?
Questions on Contemporary Events: World (General Knowledge) are available for 15 years, from 1996 to 2010. Use the Year filter to practise a single paper.
