Economy

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Introduction to Economics

National Income accounting

National Income
Importance of quantifying economic growth
Various types of economic indicators or concepts related to measuring economic growth
Methods of estimating National Income
- Output Method
- Expenditure Method
- Income method
Determinants of National Income
Issues associated with National Income accounting in India
Possible solutions to Issues with National Accounting

Structure of Indian economy:
a brief overview

Indian economy at the time of independence: Basic characteristics
Indian economy in the present times

Planning in India

Resource mobilization

Inclusive growth and issues
arising from it

Definition of inclusive growth
Salient Features of Inclusive Growth
Elements of Inclusive growth
Need for Inclusion
World Economic Forum on social inclusion and economic growth
Reasons for Inequality in India
Dimensions of Inclusive Growth
Measuring Inclusive Growth
Experience of India in ushering in Inclusive growth since independence
Measures taken by India since independence to ensure inclusive growth in the economy
Reasons why India has not been able to achieve inclusive growth in the economy
Recent actions taken to usher inclusive growth in the economy in the below domains

Government budgeting

Definition of budget
Types of budget
Various important terminologies associated with budget
Budgeting process in India
Some recent reforms introduced in the budgeting process
Issues associated with budgeting process in India
Measures required to address issues related to Budgeting

Fiscal Policy

Definition, types and objectives of Fiscal policy
Important concepts/terms related to Government revenue and expenditure
Deficit
FRBMA policies

The Reserve bank of India and
monetary management

Function of Reserve Bank of India (RBI)
Definition of monetary policy
Monetary policy of the Reserve Bank of India (RBI)
- Quantitative tools of monetary policy of RBI
- Qualitative tools of Monetary policy of RBI
Major monetary policy reforms introduced in recent times
An objective analysis on the efficacy of monetary policy in India
Recommendations made by various committees and economists to improve monetary policy framework in India
Amendments introduced in RBI act over the years
Issues associated with RBI functioning
Measures to address the issues plaguing RBI

Inflation

Definition of Inflation
Types of Inflation
Factors causing Inflation
Indicators used to measure Inflation
Effect of Inflation in Indian economy
Inflation Targeting in India
Pros and cons of Inflation targeting in India
Various other methods of combating Inflation
Government steps to control inflation
Present trend of Inflation in the economy

Taxation system in India

Definition of Taxation
Objectives behind Taxation
Types of taxes
Description of various types of taxes in India
- Direct taxes in India
- Indirect taxes in India
Major taxation related reforms introduced in recent times
Trend of tax collection in India
Issues associated with taxation system in India
Measures suggested/recommendations made to address issues associated with taxation system in India

Indian financial system: Commercial
Banking system

Historical evolution of banking system in India
Functions of banks in an economy
Classification of Banks in India
- Scheduled banks
- Non-scheduled banks
Nationalization of banks
Narasimhan committee recommendation on Banking sector
Banking reforms introduced in India in recent times
Issues associated with banking system in India
Way Forward : Fifth Generation Banking

Indian financial system-II: Money and
capital market in India

Definition of Money Market and Capital Market
Importance of Money Market and Capital Market for an Economy
- Importance of Money Market for an Economy
- Importance of Capital Market for an Economy
Money Market Instruments
- Unorganised Money Market
- Organised Money Market
Regulatory framework of Indian money market
Money Market Reforms
Types of Capital Market
- Gilt-Edged Market
- The Industrial Securities Market
- Development Financial Institutions
- Financial Intermediaries
Stock exchanges in India
- Historical evolution of stock market in India
- Importance of stock exchanges
- Various stock exchanges in India
Regulatory framework of Capital Market in India
Capital Market Reforms
- Primary Market Reforms In India
- Secondary Market Reforms
Recommendations for Further Improving Capital Market in India
Issues / Challenges related to Money Market in India

Investment models

Definition of investment
Importance of investment for an economy
Classification of investment
Factors affecting investment
Various investment models
- Public investment model
- Private investment model
- Public private partnership model
Issues associated with PPP model
Reforms undertaken to better PPP model in recent times
Some investment models used in India since independence
- Harrod-Domar model
- Solow Swan model
- Feldman- Mahalanobis model
- Rao- Manmohan model
Investment models used in India since Independence

Infrastructure

Relationship between infrastructure and economic development
Energy
- Coal
- Petroleum and Natural Gas
- Alternate sources of energy
Power
Transport system in India’s economic development
Growth in Indian railways
Roads and road transport system in India
Water transport in India
Civil Aviation in India
Communication Infrastructure in India
Urban infrastructure
Infrastructural reforms taken in the above sectors
An objective analysis of the present infrastructure in the country
Measures to further improve infrastructure in the country
Social Infrastructure
- Concept of social sector and social infrastructure
- Development of Education In India
- Health and Family Welfare and The Development of Health Infrastructure

Agriculture

Indian agriculture at the time of independence
Land reforms
Indian agriculture under the five year plans
Food security in India
Organization of agricultural credit in India
Agriculture Marketing and Warehousing
Agricultural labour
Agriculture and Food processing industries
Indian agriculture in the present times
- Growth trajectory
- Issues plaguing Indian agriculture
- Programmes and policies introduced in India in recent times to address the issues
- Some more measures or recommendations made by the committee to improve agricultural growth in India

Indian industries and
economic growth

Indian industry at the eve of independence
Industrial growth under five year planning
Major Industrial policies introduced in India since independence
Basic characteristics of Indian industries in the present times
Measures taken in recent times to increase the industrial growth in the country
Issues plaguing industrial growth in India despite the measures
Suggestions and recommendations given by various committees to increase the industrial growth in the country

Foreign trade and
International organizations

Present foreign trade of India
Foreign trade policies
Impact of globalization on Indian economy
India’s balance of payments
GATT, WTO and India’s foreign trade
IMF and World Bank
Recent reforms taken by Indian in this domain

Poverty and unemployment

Poverty
- Definition of Poverty
- Classification of Poverty
- Poverty in India at the eve of Independence
- Various Methodologies Proposed by Various Committees for Calculation of Poverty
- Poverty Alleviation Programmes since Independence
- Impact of LPG reform on reducing poverty in India
- Reasons why poverty still exists in India
- Actions required to address the above issues
Unemployment
- Definition of Unemployment
- Types of unemployment
- Measurement of Unemployment in India
- Unemployment Trends in India
- Causes of unemployment in India
- Programmes, policies and measures taken to address Unemployment in India since Independence
- Objective Analysis of Unemployment schemes in India
- Measures required to reduce the current unemployment rate in India

State PCS

Economy

"Click to Download"

Introduction to Economics

National Income accounting

Structure of Indian economy: a brief overview

Planning in India

Resource mobilization

Inclusive growth and issues arising from it

Government budgeting

Fiscal Policy

The Reserve bank of India and monetary management

Inflation

Taxation system in India

Indian financial system: Commercial Banking system

Indian financial system-II: Money and capital market in India

Investment models

Infrastructure

Agriculture

Indian industries and economic growth

Foreign trade and International organizations

Poverty and unemployment

Structure of Indian economy:
a brief overview

Inclusive growth and issues
arising from it

The Reserve bank of India and
monetary management

Indian financial system: Commercial
Banking system

Indian financial system-II: Money and
capital market in India

Indian industries and
economic growth

Foreign trade and
International organizations