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UPSC Prelims 2019 Quick revision notes : Indian Economy – I & II

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Product Description

Sample Notes :

CONCEPT RELATED TO NATIONAL INCOME

FISCAL POLICY

An Quick revision guidebook for UPSC Civil Services Examination 2019, prepared by our team of experts, It will help students in understanding the basics of Economics at application level according to UPSC trend, as there are more questions from application part rather than facts or definitions.It attempts to prepare aspirants from the perspective of UPSC.

The material consist of following Chapters :

Indian Economy – 1

  1. CONCEPT RELATED TO NATIONAL INCOME
  • National Income Concepts
  • National Income (NI) at Factor Cost
  • Personal Income (PI)
  • Disposable Income (DPI)
  • What are the factors that affect National Income?
  • Measurement of National Income
  • New Methodology for Calculation of GDP in India
  • Concept of GDP Deflator
  • Purchasing Power Parity
  • Green GDP
  1. INFLATION
  • Types of Inflation
  • What Causes Inflation?
  • Base Effect
  • Effects of Inflation
  • How is Inflation Measured?
  • How can Inflation be curbed?
  • Philip’s Curve
  • BUSINESS CYLCE
  1. POVERTY & HUMAN DEVELOPMENT
  • Concept of Human Development
  • POVERTY
  • CONCEPT /INDEX RELATED TO POVERTY
  • Poverty in India
  • ‘Poverty Estimation in India’
  • ANTI-POVERTY STRATEGY
  • Concepts Related to Employment
  • Nature of Unemployment in India
  • ‘Concepts of Labour Force’
  1. PLANNING
  • Need of Planning
  • Objectives of Planning
  • Types of Planning
  • Five Year Plans of India
  • Planning Commission
  • National Development Council (NDC)
  • NITI Aayog
  1. MONETARY POLICY
  • What is Money?
  • Money Supply in India
  • Monetary Policy
  • Objectives of Monetary Policy
  • Methods for Regulation of Monetary Policy
  • Limitations of Monetary Policy
  • Recent Updates
  • Some Important Terms
  • Urjit Patel Committee Report on Monetary Policy
  1. BANKING
  • Types of banking
  • The Reserve Bank of India (RBI)
  • Khandelwal Committee Report
  • Recent Development in Indian Banking Sector:
  • National Investment & Infrastructure Fund (Niif)
  • Priority Sector Lending
  • Capital Adequacy Ratio (CAR)
  • Interest Rate
  • Negative interest rate policy
  • Quantitative Easing (QE)
  • Demonetization
  • Swacch Dhan Abhiyan
  • BHIM (Bharat Interface for Money) APP
  1. FINANCIAL MARKETS
  • Development Financial Institutions
  • Important institutions
  • INSURANCE

Indian Economy – 2

  1. FISCAL POLICY
  • th Finance Commission
  • Additional terms related to taxes
  • Balanced and Unbalanced Budgets
  • Classification of taxes
  • Government Budgeting
  • Indirect Taxes
  1. INTERNATIONAL TRADE
  • Balance of Payment (BoP)
  • Convertibility
  • Exchange Rate
  • International Monetary System
  • Sovereign Wealth Fund
  • Trade Agreements
  • Trade Theory
  1. INTERNATIONAL ORGANISATIONS
  • Asian Development Bank
  • New Development Bank
  • World Bank
  • World Trade Organisation
  1. INDUSTRY
  • Industrial Policies Since Independence
  • Issues in Manufacturing Sector
  • Steps Needed for Improvement
  • Types of Industries
  1. AGRICULTURE
  • Agricultural Insurance
  • E-Technology in Agriculture
  • Institutions/Schemes related to Agricultural Marketing
  • Price Policy for Agricultural and Food Management
  • SAMPADA
  • Schemes/institutions related to Agriculture Sector
  • The Green Revolution
  1. INFRASTRUCTURE
  • Air Transport
  • Logistics Sector
  • National Infrastructure Investment Fund
  • Public Private Partnership (PPP)
  • Railways
  • Road Transport
  • Smart City Mission
  • Transport
  • UDAY Scheme
  • Water Transport

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