UPSC CIVIL SERVICES PRELIMINARY EXAMINATION

UPSC Prelims 2017— Question 56

2017General Studies Paper-IEconomyIndustry & Infrastructuremoderate
Q56

Question

The Global Infrastructure Facility is a/an

Options

A
ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank.
B
World Bank collaboration that facilitates the preparation and structuring of complex infrastructure Public-Private Partnerships (PPPs) to enable mobilization of private sector and institutional investor capital.✓ Correct Answer
C
Collaboration among the major banks of the world working with the OECD and infrastructure projects that have the potential to mobilize private investment.
D
UNCTAD funded initiative that seeks to finance and facilitate infrastructure development in the world.
AnswerOption B

Explanation

This question from the 2017 Civil Services Preliminary Examination tests Infrastructure Finance, under Economy. The central concept is Global Infrastructure Facility. The Global Infrastructure Facility is a World Bank-hosted collaboration that supports preparation and structuring of complex infrastructure projects, especially PPPs, with the objective of mobilising private and institutional capital. The safest way to approach this type of UPSC question is to identify the exact institutional, historical, geographical, scientific or economic proposition being tested and then examine every statement or option independently. A statement should not be accepted merely because it contains a familiar term; the qualifier, scope, date, institution and purpose must all be correct. This is particularly important where the answer choices combine several statements. Option-wise analysis: Option A: This is incorrect. It either accepts a statement that is not supported, rejects a statement that is correct, or identifies the wrong institutional, historical, geographical or scientific association. The error is therefore substantive rather than merely terminological. Option B: This is the correct answer. It matches the verified combination or proposition required by the question and is consistent with the underlying concept explained above. Option C: This is incorrect. It either accepts a statement that is not supported, rejects a statement that is correct, or identifies the wrong institutional, historical, geographical or scientific association. The error is therefore substantive rather than merely terminological. Option D: This is incorrect. It either accepts a statement that is not supported, rejects a statement that is correct, or identifies the wrong institutional, historical, geographical or scientific association. The error is therefore substantive rather than merely terminological. Prelims takeaway: Focus on the exact wording of the proposition, especially restrictive words such as “only”, “all”, “always”, “steadily”, “necessarily”, and references to a particular ministry, institution, law or geographical location. For statement-based questions, determine the truth value of each statement before looking at the combination codes. For direct questions, identify the defining feature of the concept and eliminate options that belong to a related but different concept. This method reduces dependence on guesswork and makes elimination more reliable.

Question Classification

SubjectEconomy
TopicIndustry & Infrastructure
SubtopicTerminal topic
Question TypeDirect MCQ
Difficultymoderate
VerificationVerified