Indian Economy

National income, GDP, GNP, growth, development, types of markets, equilibrium.

Replacement of Planning Commission, objectives, policy formulation, current tasks.

Definitions, key reports, poverty line, urban/rural, disguised unemployment, jobless growth.

Types, calculation, impact on economy, inflation targeting, monetary tools.

Commercial banks, RBI, cooperative banks, NBFC, digital banking, financial inclusion.

Monetary policy, repo rates, SLR, CRR, open market operations, inflation control.

Union Budget, fiscal deficit, revenue/expenditure, FRBM Act, finance commissions.

GST, income tax, corporate tax, custom/excise duties, tax reforms.

Sources, central/state finances, fiscal deficit, budgeting process.

Green Revolution, MSP, crop insurance, rural credit, agriculture marketing reforms.

Industrial Policy, public/private sector, MSME, infrastructure, recent trends.

Transport, energy, IT, urban infrastructure, government infrastructure missions.

EXIM policy, export/import trends, free trade agreements, balance of trade.

Current and capital account, BOP crisis, international reserves.

Liberalization, privatization, globalization, FDI, policy reforms, WTO.

Money market, capital market, mutual funds, SEBI, recent changes.

Jan Dhan, PM Kisan, Mudra, Skill India, Make in India, recent schemes.

NPAs, recapitalization, mergers, financial inclusion initiatives.

Growth slowdown, inflation, unemployment, fiscal deficit, social sector investment.

Role of Planning Commission, Five Year Plans, shift to NITI Aayog, plan strategies.

Definition, sectoral shares, measurement, GDP growth trends, GNP, NNP.

Concept of growth vs development, HDI, sectoral analysis, green and inclusive growth.