UPSC Pre Syllabus In detail And Books | ECONOMY

National Income Accounting:

▪ Definition

▪ Concepts: GDP, GNP, Market Price and Factor Cost, NNP, NDP, transfer payments, National income at FC, Personal Income, disposable income, factors affecting national income, net foreign facto income

▪ Measurement of national income: value added method, income method, expenditure method, Application of various methods, Base year, GDP deflator

▪ Debates around GDP and other indices

Money and Banking

▪ Money: Definition, Functions and significance, Evolution of Money, Money supply in India and factors affecting it

▪ Banking:

o Need of banks, Function, Commercial Banks

o Central Bank: Importance, functions, Structure, Policy tools, Monetary Policy (CRR, SLR, OMO, Repo and Rev Repo, MSF etc.)

o Banking Reforms

Inflation and Employment

▪ Inflation: Definition, Inflationary Gap and Inflationary Process, Inflation Cycles: Demand Pull Inflation, Cost Push Inflation, Causes of Inflation, Inflation Control measures

▪ Unemployment: Types of Unemployment: Structural, Seasonal, Frictional, Cyclical, Nature of Unemployment in India

Government budgeting and Fiscal Policy

▪ Budgeting:  Evolution of Budgeting, Institutions and Laws, The Union Budget: Components – Revenue Account, Capital Account, Measures of Government Deficit etc., Weaknesses in the Budgetary Process

▪ Fiscal Policy:  Public Finance – Role and Importance, Public Expenditure – Revenue and Capital, Development and Non-Development, Public Revenue – Sources of Revenue, Taxes: Classification, Direct and Indirect, Specific and Ad Valorem, Social and Economic Objectives of Taxes, Objectives of Taxation, GST, d.) Public Debt, Deficit Financing.

 External Sector and Currency Exchange rate

▪ Balance of Payments: Definition, Current and Capital Accounts, Convertibility, Items Included in BoP,  BoP and BoT

▪ International Trade and Bodies: IMF: Purpose and Objectives, Organization and Functions, Working and Evaluation, IMF and Underdeveloped Countries, SDR’s, Reforms etc., World Bank, Bilateral and Regional Cooperation

Capital Markets

▪ Basic Terms and Concepts, Equity and debt Instruments, Primary market and Secondary markets etc.

Agriculture:

▪ Recent trends in Agriculture Sector,

▪ Cropping System and Pattern;

▪ Agricultural Marketing and Reforms;

▪ Agricultural Research;

▪ Sustainable Agriculture;

▪ Animal Husbandry

▪ PDS

▪ Farm distress and government initiatives

Industrial Sector:

▪ Industrial Policies,

▪ Licensing

▪ MSME

▪ Labour Reforms

▪ Companies Act

▪ Make in India, Skill India

▪ Challenges in Industrial development

▪ Organised and unorganised sector

▪ PPP, Investment models

▪ Recent initiatives taken by the govt., etc.

Services:

▪ Banking,

▪ Insurance,

▪ Aviation,

▪ Tourism,

▪ Issues and potential of services sector

▪ Government policies etc.

▪ Five year Plans: Priorities and Performance, Issues related to planning

▪ Economic Policies till 1991

▪ Economic Reforms since 1991: End of license Raj, Liberalization, Privatisation and Globalisation, FDI, FII, issues, challenges etc.

▪ Infrastructure: IT, Communication, Urbanisation, Transport, Mining, etc.

▪ Foreign Trade of India: Trade Policy, Product wise trade, Region wise trade, Subsidy boxes, WTO related issues and India

▪ Intellectual Property Rights

External Sector and Currency Exchange rate

▪ Balance of Payments: Definition, Current and Capital Accounts, Convertibility, Items Included in BoP, BoP and BoT.

▪ International Trade and Bodies: IMF: Purpose and Objectives, Organization and Functions, Working and Evaluation, IMF and Underdeveloped Countries, SDR’s, Reforms etc., World Bank, Bilateral and Regional Cooperation

BOOKS

▪ 11th NCERT: Economics: Indian Economic Development

▪ 12th NCERT: Economics:  Macroeconomics

▪ 12th NCERT: Economics: Microeconomics

▪ Economic Survey 2018-2019

▪ Budget 2020-2021

▪ Indian Economy (Special Issue) – Pratiyogita Darpan 

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UPSC Pre Syllabus In detail | UPSC SYLLABUS के टुकड़े-टुकड़े

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