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Consider the following statements:
Statement-I:
Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.
Statement-II:
In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.
Which one of the following is correct in respect of the above statements?
Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.
Statement-II:
In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.
Which one of the following is correct in respect of the above statements?
- a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
- b)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
- c)Statement-I is correct, but Statement-II is incorrect
- d)Statement-I is incorrect, but Statement-II is correct
Correct answer is option 'OPTIONB'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements:Statement-I:Indian Government Bonds...
Both statements are factually correct. Statement-I mentions the inclusion of Indian Government Bonds in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024. Statement-II states that JP Morgan had announced the inclusion of IGBs to its emerging markets bond index from June 2024. While both statements are true, Statement-II does not provide an explanation or further details about the inclusion mentioned in Statement-I, hence Option B is the correct answer.
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Community Answer
Consider the following statements:Statement-I:Indian Government Bonds...
Explanation of the Statements
Statement-I indicates that Indian Government Bonds (IGBs) will be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) starting June 28, 2024.
Statement-II states that JP Morgan announced this inclusion in September of the previous year.
Analysis of the Statements
- Correctness of Statement-I:
- It accurately mentions the impending inclusion of IGBs in the GBI-EM from the specified date.
- Correctness of Statement-II:
- This statement is also correct; JP Morgan indeed announced the inclusion of IGBs in its emerging markets bond index in September 2023.
Relationship Between Statements
- Explanation Link:
- While both statements are correct, Statement-II does not directly explain Statement-I. Statement-II serves as a background context to Statement-I, providing information about when the inclusion was announced but does not elucidate why or the implications of that inclusion.
Conclusion
- Correct Option:
- Given the analysis, both statements are correct, and Statement-II provides additional context but not an explanation. Therefore, the correct answer is option b): "Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I."
Statement-I indicates that Indian Government Bonds (IGBs) will be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) starting June 28, 2024.
Statement-II states that JP Morgan announced this inclusion in September of the previous year.
Analysis of the Statements
- Correctness of Statement-I:
- It accurately mentions the impending inclusion of IGBs in the GBI-EM from the specified date.
- Correctness of Statement-II:
- This statement is also correct; JP Morgan indeed announced the inclusion of IGBs in its emerging markets bond index in September 2023.
Relationship Between Statements
- Explanation Link:
- While both statements are correct, Statement-II does not directly explain Statement-I. Statement-II serves as a background context to Statement-I, providing information about when the inclusion was announced but does not elucidate why or the implications of that inclusion.
Conclusion
- Correct Option:
- Given the analysis, both statements are correct, and Statement-II provides additional context but not an explanation. Therefore, the correct answer is option b): "Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I."
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Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer?
Question Description
Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer?.
Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer?.
Solutions for Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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Here you can find the meaning of Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer?, a detailed solution for Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer? has been provided alongside types of Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements:Statement-I:Indian Government Bonds (IGBs) are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28, 2024.Statement-II:In September last year, JP Morgan had announced that it would include IGBs to its emerging markets bond index from June 2024.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'OPTIONB'. Can you explain this answer? tests, examples and also practice UPSC tests.
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