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Organization

SWIFT

Asked 2 times across 2 UPSC exams, peaking in 2023.
2
PYQs
2
Exams
1
Years active
2023–2023
Span
2023
Peak
2/2
Answers
📅 Full chronological timeline →

Key insights

  • Most tested in CSE — 1 of 2 PYQs
  • Most asked in 2023
  • Recurs across 1 years (2023–2023)

How it travelled across exams

First appearance in each exam — the same idea, reframed.
CSE 2023 → GEO 2023

How the concept evolved

223
Rising — more than half its appearances (2 of 2) are since 2016.

Sample questions

You've seen the pattern — here are a few of the actual PYQs.
CSE2023

With reference to Central Bank digital currencies, consider the following statements

  1. It is possible to make payments in a digital currency without using US dollar or SWIFT system
  2. A digital currency can be distributed with a condition programmed into it such as a time-frame for spending it

Which of the statements given above is/are correct?

  1. A 1 only
  2. B 2 only
  3. C Both 1 and 2 ✓
  4. D Neither 1 nor 2
✓ Correct answer: (C)
Economy › Money/Banking/Finance
GEO2023

Which of the following statements relating to SWIFT is/are correct?

  1. It is a messaging network used by banks and financial institutions globally for quick and faultless exchange of information pertaining to financial transactions
  2. It stands for Society for Worldwide Interbank Financial Telecommunications

Select the correct answer using the code given below.

  1. A 1 only
  2. B 2 only
  3. C Both 1 and 2 ✓
  4. D Neither 1 nor 2
✓ Correct answer: (C)
Economy › Money/Banking/Finance

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