statitics
Statistics
UPDATE (March-08-2013): statistics no longer relevent as UPSC removed it from 2013.
Economy
The core syllabus of economy consists of the following things
Theoretical economy
Basic Concepts and terminologies, GDP,GNP,PPP,IIP, inflation etc.
Indian economy (static portion)
LPG reforms.
Budget making process.
RBI monetary policy: Repo, Reverse Repo, CRR, SLR etc.
Source: Static portion of the economy
1. NCERT Class 10, 11, 12 (links @bottom of this article)
2. NOS Study material for Economy (links @bottom of this article)
3. Indian Economy by Ramesh Singh (Tata Macgrawill Publication)
You have to move to the next level = current affairs related to Indian and world economy.
1. DTC, GST,WTO, IMF, World bank etc.
2. Various for committees formed by government and their recommendations: Kelkar, shunglu, Parekh etc.
3. Economic Survey and Budget 2013.
4. Eurozone crisis, American recession, dollar-rupee exchange etc.
Source: Current affairs on economy
1. Newspaper (The Hindu / Indianexpress / Economic Times)
2. Anyone competitive magazine.
3. Investopedia, Wikipedia, internet
4. Mrunal.org/economy
What is Economic Survey? And why is it important?
It is a report published on the official website of Finance Ministry (before General budget is announced).
This report contains information on the present situation of Indian economy, various schemes of Government and future approach required for the next year.
It has lot of boring and unimportant data tables but also contains good fodder material and exam-worthy information.
If you’re subscribed to any competitive Magazine, you would usually find the highlights of economic survey in the subsequent issues of the magazine. Yet I would recommend you to go through the original economic survey report because magazines or newspapers only tend to cover the dramatic items.
Whatever important details you find, make a note out of it.
Economy : Prelims/ MCQs
1. You are given a term and 4
UPDATE (March-08-2013): statistics no longer relevent as UPSC removed it from 2013.
Economy
The core syllabus of economy consists of the following things
Theoretical economy
Basic Concepts and terminologies, GDP,GNP,PPP,IIP, inflation etc.
Indian economy (static portion)
LPG reforms.
Budget making process.
RBI monetary policy: Repo, Reverse Repo, CRR, SLR etc.
Source: Static portion of the economy
1. NCERT Class 10, 11, 12 (links @bottom of this article)
2. NOS Study material for Economy (links @bottom of this article)
3. Indian Economy by Ramesh Singh (Tata Macgrawill Publication)
You have to move to the next level = current affairs related to Indian and world economy.
1. DTC, GST,WTO, IMF, World bank etc.
2. Various for committees formed by government and their recommendations: Kelkar, shunglu, Parekh etc.
3. Economic Survey and Budget 2013.
4. Eurozone crisis, American recession, dollar-rupee exchange etc.
Source: Current affairs on economy
1. Newspaper (The Hindu / Indianexpress / Economic Times)
2. Anyone competitive magazine.
3. Investopedia, Wikipedia, internet
4. Mrunal.org/economy
What is Economic Survey? And why is it important?
It is a report published on the official website of Finance Ministry (before General budget is announced).
This report contains information on the present situation of Indian economy, various schemes of Government and future approach required for the next year.
It has lot of boring and unimportant data tables but also contains good fodder material and exam-worthy information.
If you’re subscribed to any competitive Magazine, you would usually find the highlights of economic survey in the subsequent issues of the magazine. Yet I would recommend you to go through the original economic survey report because magazines or newspapers only tend to cover the dramatic items.
Whatever important details you find, make a note out of it.
Economy : Prelims/ MCQs
1. You are given a term and 4