SaralUPSC
  • Home
  • Blogs
  • Prelims Questions
  • Mains Questions
  • Tests
Start Free Test
SaralUPSC

Saral Preparation Pvt. Ltd.

Delhi, India

support@saralupsc.com

Toll Free: 1800 000 0000

Office Hours: 10 AM – 7 PM (All 7 days)

Company

  • About Us
  • Careers
  • Contact Us
  • Media
  • Sitemap

Products

  • Test Series
  • Live Quizzes
  • Notes
  • Videos
  • Blog

Useful Links

  • Prelims Questions
  • Mains Questions
  • Free Tests
  • Sign Up
  • Login

Follow us

© 2026 Saral Preparation Pvt. Ltd.. All rights reserved.

  • Privacy
  • Terms
  • User Policy
  1. Home
  2. /Prelims Questions
  3. /Miscellaneous
  4. /Question
Miscellaneous·2024·Easy

Consider the following statements : Statement-I : If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment. Statement-II: The USA Government debt is not backed by any hard assets, but only by the faith of the Government. Which one of the following is correct in respect of the above statements?

Consider the following statements : Statement-I : If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment. Statement-II: The USA Government debt is not backed by any hard assets, but only by the faith of the Government. Which one of the following is correct in respect of the above statements?

Options

  1. a.

    Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

  2. b.

    Both Statement-I and Statement-II are correct, but Statement II does not explain Statement-I

  3. c.

    Statement-I is correct, but Statement-II is incorrect

  4. d.

    Statement-I is incorrect, but Statement-II is correct

    Correct answer

Share

  • Share on X
  • Share on WhatsApp
  • Share on LinkedIn

Related prelims questions

  • For election to the Lok Sabha, a nomination paper can be filed by

    Miscellaneous · Easy

  • In a month if the seventh day is three days earlier than Saturday,then the nineteenth day of the month will be a

    Miscellaneous · Easy

  • Which among the following events happened earliest ?

    Miscellaneous · Easy

  • An 80-litre solution of alcohol and water has 75% alcohol. How much water (in litres) must be added to bring down the concentration of alcohol to 60%?

    Miscellaneous · Easy