UPSC 2024: Consider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap Which of the above is/are considered financial instruments?

The correct answer is option (d): 1 and 3 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.

This question was asked in UPSC CSE Prelims 2024, GS Paper 1, as Question 44. It falls under Indian Economy > Financial Markets & Capital Markets.

This question is rated "easy". It tests basic recall and most well-prepared aspirants should answer it correctly.

UPSC has asked 35 questions from Financial Markets & Capital Markets (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.