Strategy for Economics Optional
IAS Prelims & Mains GS and Optional Lectures, Model Answers, and Notes at doorsteptutor.com.
Stated below are the strategies to handle Economics for IAS Exams. Following mentioned are the essential topics that are helpful to score the maximum marks is the minimum time. It is necessary and vital to remember to read up on other topics as well as soon as you are done with these topics.
Crucial Topics
Basic Economic Indicators: (Statistical Data)
- National Income
- Production
- Price Index
- Foreign Trade
- Population
Features of Indian Economy
- Division of Economic activities
- Unemployment-Types
- Poverty-HDR-Measures to eliminate poverty
Population
- Population growth
- Population policy 2000
- Census-2001
- Consumption Pattern-Energy Consumption-Sources of energy-various programmes National Income
- Methods of National Income calculation
- Concepts of National Income
Agriculture
- Importance
- Crops and seasons
- Agricultural Credit agencies. NABARD, RRB. Etc.
- Kisan Credit Schemes
- Land Reforms
- Agricultural Insurance, NAIS, Seed Crop Insurance
- Green, Yellow, White, Blue revolutions
- Irrigation projects-Drip irrigation
- Development measures
Industry
- Industrial Policies-1948,1956, 1991-Initiatives taken
- Small Scale Industries
- Various key industries
- Various Committees and their recommendations
- Industrial sickness
- Dis investment-PSE Policy
- Industrial Finance
Money and Banking
- Aspects of money market
- Credit Control-Various Rates
- Commercial Banks, Co-operatives, NBFC.
- Committees and recommendations
- SEBI-Stock market developments
- Insurance Industry
- New Banking Sector reforms
- Inflation, Deflation
- Money supply measures
Foreign Trade
- Composition and direction
- Exim policy and other Acts
- Foreign Trade improvement measures taken
- WTO
- BOP
International Organisation, Development and Employment Programmes and Planning
- Planning Commission
- Five Year Plans and imported features
Public Finance
- Finance Commission
- Various formulas for Plan assistance to states
- Taxation-Reforms
- Public spending and Debt.
- Deficit financing