- Background
- Indexes/Surveys
- Economy: essential facts for MCQs/2m
- Economy: Organizations (National)
- Economy: Organizations (International)
- Economy: India and World
- Economy: Policy / reforms
- Economy: Schemes
- Economy: Laws
- Economy: Topics/Overview
- Banking and Insurance
- Insurance Schemes
- Disinvestment
- Economy: Funds
Background
- How to approach Economy for general studies (prelims, mains) has been explained in separate article. (Click me)
- For specific articles various topics of [Economy] you can visit https://mrunal.org/economy
- Following list contains the essential topics to be studied from India 2013 (aka India yearbook(IYB)
- While you’re reading these topics from IYB, also simultaneously consult relevent chapters from “Indian Economy” by Ramesh Singh (TMH), to get a firm grip over the topics.
- The Economic Survey (will be uploaded on Finance ministry’s website before budget), will contain latest data/numbers regarding FDI, GDP etc. so don’t bother much with the numbers given in India Yearbook.
Indexes/Surveys
6 | 101 | WPI |
6 | 101 | CPI |
6 | 101 | ASI |
6 | 102 | Energy statistics |
6 | 109 | Economic Census |
6 | 112 | Infrastructural statistics |
19 | 525 | Annual Survey of Industries |
19 | 527 to 31 | IIP: features, components +factors affecting (on pg 530) |
Economy: essential facts for MCQs/2m
6 | 99 | Category of workers |
7 | 127 | India’s major import and export commodities (last two paragraphs) |
7 | 129 | Table 2 & 3: top five countries of export and import |
13 | 334 | Components of India’s foreign exchange reserve (last two lines) |
13 | 335 | Reasons for declining rupee (second paragraph under exchange-rate topic) |
13 | 335 | Reasons for increasing external debt (last two lines) |
13 | 336 | Steps taken by government to manage external debt (paragraph below the table) |
13 | 341 | Examples of alternate investment funds |
13 | 342 | Two routes for foreign investment in mutual funds (second last paragraph) |
13 | 342 | Steps taken to encourage retail investor participation |
13 | 344 | SCORES |
13 | 354 | India’s quota and ranking in IMF |
26 | 942 | Ennor Port is 12 major and first corporate major port of India |
26 | 950 | GAGAN (1st para) actually S&T |
Economy: Organizations (National)
6 | 98 | Indian statistical system |
6 | 98 | Central statistical office |
6 | 99 | National Sample survey Organisation |
7 | 150 | MMTC |
7 | 151 | State trading Corporation of India |
11 | 258 | Power ministry structure function (3rd, 4th para) |
11 | 260 | Central Electricty Authority |
11 | 266 | NHPC |
11 | 266 | NTPC |
11 | 272 | National grid |
11 | 279 | Bureau of energy efficiency |
11 | 280 | Petroleum Ministry Function |
11 | 280 | ONGC |
11 | 280 | ONGC videsh |
11 | 281 | OIC |
11 | 281 | GAIL |
11 | 283 | IOCL |
11 | 283 | HPCL |
11 | 284 | coal ministry structure function (last para) |
11 | 285 | CIL |
11 | 271 | Rural Electrification Corporation |
11 | 272 | PowerGRID |
11 | 273 | power finance corp.Ltd. |
13 | 327 | Departments under Ministry of Finance: MCQ |
13 | 327 | Department of economic affairs: structure functions |
13 | 338 | Foreign investment promotion board |
13 | 350 | Financial stability and development Council |
13 | 351 | Financial sector legislative reforms commission |
13 | 340 | Department of economic affairs structure and functions (second last paragraph) |
13 | 387 | Controller General of Account |
13 | 391 | Chief Advisor of Cost |
13 | 396 | Revenue Department : functions (3rd para) |
14 | 404 | functions of Corporate Affairs ministry (1st para) |
14 | 407 | Serious Fraud investigation Offoce (SFIO) |
14 | 409 | Indian Corporate law service (ICLS) |
14 | 412 | Competition Commission of India (CCI)+ CAT tribunal (pg 413) |
15 | 414 | functions of Department of food and public distribution |
15 | 435 | consumer cooperatives |
15 | 436 | forward market commission |
15 | 440 | bureau of Indian standards ( upto pages 446) |
15 | 451 | National test house |
19 | 586 | Central Silk Board |
19 | 587 | Silk Mark org (SMOI) |
19 | 594 | KVIC |
19 | 594 | Coir Board |
19 | 596 | CPSE importance (2nd para). |
19 | 597 | BRPSE |
19 | 598 | PMA |
19 | 609 | National pharmaceutical pricing authority (NPPA) |
19 | 611 | functions of Ministry of Mines |
19 | 618 | Geological Survey of India |
19 | 619 | Indian Bureau of Mines |
19 | 619-21 | PSUs: NALCO, HCL, MECL: overview (+profile based info. Like if there is any factory near your locality) |
21 | 665 | wage boards + for working journalists |
21 | 671 | National Social Security board |
21 | 673 | Labour bureau functions |
21 | 676-677 | VV Giri Institute, Worker’s education : just brief overview |
21 | 678 | National safety Council |
21 | 687 | NIMI functions |
26 | 930 | national highways overview (two tables only to check ranking arrangement) |
26 | 930 | national highways: role of central min and 3 agencies |
26 | 933 | BRO |
26 | 937 | shipping Corporation of India |
26 | 943 | civil aviation ministry last two paragraphs |
26 | 945 | DGCA |
26 | 945 | Bureau of civil aviation security |
26 | 948 | Airport Authority of India |
26 | 953 | AERA |
26 | 953 | Air India Ltd and its subsidiaries |
26 | 956 | Pawan Hans helicopter |
Economy: Organizations (International)
13 | 351 | Financial action task force |
13 | 352 | Financial stability board |
13 | 352 | Financial stability assessment program |
13 | 353 | International monetary fund |
13 | 355 | World Bank lending to India |
13 | 357 | International fund for agricultural development |
13 | 357 | Asian development bank |
Economy: India and World
7 | 136 | India’s engagement in free trade agreements.+ Tables given on page 136 to 141 |
7 | 141 | WTO, Doha Round, 8th ministerial conference |
7 | 143 | Settlement of disputes |
7 | 144 | India’s initiative for developing countries |
7 | 147 | Trade with Africa |
7 | 148 | Focus Africa program (2 marker) |
7 | 149 | India-EU bilateral trade negotiations. (dig newspaper for updates) |
7 | 140 | Acronyms table : regional groupings and its members. (MCQ and 2m) |
13 | 359 | India Japan bilateral relations |
13 | 359 | India UK bilateral |
13 | 360 | India Norway |
13 | 361 | India Switzerland |
13 | 361 | India EU |
13 | 362 | India Germany |
13 | 363 | India France |
13 | 364 | India USA, USAID |
13 | 365 | India G20 |
13 | 368 | India UNDP |
13 | 370 | SAARC Currency swap |
13 | 355 | Financial transaction plan |
Economy: Policy / reforms
7 | 135 | Strategy for doubling exports |
11 | 264 | Private sector participation in power sector |
11 | 265 | Revised Mega power policy |
11 | 265 | Automatic FDI in power sector |
11 | 280 | NELP policy (followup on internet) |
11 | 283 | pricing of petro.products |
11 | 286 | National Action plan of climate change (last line. Followup from net) |
13 | 330 | Fiscal policy for 2012 – 13 (330). Combined with new initiatives in fiscal management 332. Combine with Kelkar report and other developments from newspapers |
13 | 338 | FDI policy (new will come in April 2013) |
13 | 340 | Policy initiatives in capital market |
13 | 343 | Initiatives In corporate debt market |
13 | 345 | Reforms in secondary market |
13 | 346 | Reforms in external market. (ECB, FIL, QFIS) |
15 | 424-25 | export policy of rice, sugar, wheat |
15 | 426-28 | sugar pricing policy (already discussed click me) |
19 | 541 | National Design Policy |
19 | 524 | industrial policy (and for MCQ, mugup list of sectors where licence needed) + more fodder on pg 761 onwards in planning |
19 | 534 | National mfg. policy |
19 | 536-38 | FDI (although new data in Economic Survey) |
19 | 592 | 12th FYP approach for Handloom |
19 | 603 | NBS policy (dig more on net) |
19 | 608 | Petrochem policy |
19 | 611 | National mineral policy + more fodder on pg 765 planning + dig net for MMDR act issues |
26 | 931 | public-private partnership in highways |
26 | 952 | greenfield airport policy |
Economy: Schemes
6 | 115 | 20 point programme |
6 | 118 | Table 6.13 list of 20 point programmes. (very important. follow up should be done from other chapters of the book, and/ or official websites of respective ministries) |
6 | 121 | MPLADS: salient features. (pro con should be prepared from newspaper columns) |
7 | 135 | Export promotion measures |
7 | 145 | Special economic zones |
11 | 260 | Ultra Mega Power project – UMPP (names 2nd para) |
11 | 268 | Rajiv Gandhi Gramin Vidhyutikaran Yojana |
11 | 282 | Bharat Stage 3 and 4 fuel (last 2 para) |
11 | 287 | Jawahar Nehru National Solar Mission |
11 | 287 | Offgrid and Distributed renewable energy system |
11 | 288 | Biogas |
11 | 289 | Solar City names (2nd para) |
11 | 278 | North East Power Corp. |
13 | 336 | Initiatives in infrastructure and investment field |
13 | 345 | Rajeev Gandhi Equity savings scheme |
14 | 409 | MCA-21 project |
14 | 410 | NEFT benefits |
14 | 410 | XBRL filing benefits |
14 | 410 | DIN : why needed |
14 | 411 | e-stamping |
15 | 415 | open market sales scheme (FCI) |
15 | 428 | Ethanol blending program. Already discussed click me |
15 | 442 | Hall marking of gold, silver jewelry |
19 | 539 | Reforms: streamline biz. Environment |
19 | 540 | IPR salient achievements in recent past |
19 | 543 | Package for special category state (Bihar, W.Bengal demanding similar things so dig more from net) |
19 | 542 | Tansport Subsidy scheme |
19 | 570 | TUFS |
19 | 571 | Integrated Textile Parks (SITP) |
19 | 571 | Technical Textile Definiation (1st para) |
19 | 574 | Mega Clusture +Table on megaclustures on pg 575 for MCQ |
19 | 579 | Technology mission on Cotton, India 2nd largest producer after China |
19 | 580 | MSP : only overview |
19 | 588 | handloom, powerloom overview (previous article available on Mrunal.org/yearbook |
19 | 589 | location of 4 mega clustures (2nd last para) |
19 | 592 | ISDS skill Development |
19 | 595 | PM’s employment generation program |
19 | 596 | MoU meaning, function (2nd last para) |
19 | 596-97 | Maha/Mini/Nava Ratna scheme |
19 | 535 | DMIC project (also fodder point for India-Japan bilateral) |
19 | 542 | NEIIPP for North East |
21 | 685 | deposit linked insurance |
21 | 685 | International workers: special provisions in India |
21 | 691 | National employment service |
21 | 686 | women’s vocational ITI |
21 | 688 | ITI reforms (mostly fodder) |
21 | 690 | skill development initiatives |
26 | 929 | freight traffic improvement |
26 | 929 | commission on Railway safety |
Economy: Laws
11 | 261 | Electricity Act |
13 | 399 | SAFEM Act |
13 | 398 | NDPS Act (very little info. Need to followup from net) |
13 | 398 | COFEPOSA Act (very little info. Need to followup from net) |
13 | 399 | Indian Stamps Act |
13 | 400 | Prevention of Money Laundering |
14 | 404 | Company bill (not enough content. Do followup from net) |
14 | 404 | limited liability partnership |
15 | 415 | food security bill |
15 | 434 | essential commodities act |
15 | 436 | forward contract regulation act: proposed amendments |
15 | 438 | consumer protection act + CONFONET on pg 439 |
15 | 450 | weights and measures act |
19 | 540 | Trademark Amendment bill 2010 |
21 | 664 | all the labour laws given on page 664 and 665 |
21 | 672 | Unorganized worker’s social security act : salient features |
21 | 677 | factories act and workers safety |
21 | 678 | mines act and safety |
21 | 679 | industrial disputes act |
21 | 680 | trade union (+ dig net for more, on issues like Maruti strike) |
21 | 680 | Plantation Labour |
21 | 682 | employees compensation |
21 | 682 | maternity benefit |
21 | 683 | ESIC |
21 | 683 | Provident fund (dig net for more) |
21 | 684 | EPF (dig net for more) |
21 | 684 | EPS (dig net for more) |
21 | 685 | payment of gratuity |
21 | 686 | apprentices act |
Economy: Topics/Overview
13 | 396 | direct tax |
13 | 397 | finance Act (just overview because new will be made after Budget 2013) |
13 | 398 | Indirect Tax: custom, excise, service (updated data will be in Economic Survey) |
13 | 401 | Anti Smuggling Act |
13 | 400 | CST |
13 | 401 | VAT |
13 | 401 | GST |
13 | 327 | Annual budget (just theoratical part) 327 to 330 |
13 | 333 | Public debt and other liabilities. Understand the classification of internal, external and other debts for MCQ |
13 | 338 | Public-private partnership |
13 | 350 | India’s sovereign debt rating (mostly fodder for interview) |
15 | 432 | price management of food and civil supplies |
15 | 446 | consumer awareness |
15 | 452 | food-processing overview (mostly fodder) |
19 | 543 to 62 | Overview of various industries (fodder) |
19 | 580 | Wool- issues (only natural fiber in which India is deficient) |
19 | 581 | Jute: importance, advantages of (para 1 and 2) |
19 | 582 | Silk importance, area under cultivation (1st para). + schemes on pg 584, 85 |
19 | 593 | MSME benefits and importance (Last para) |
19 | 598 | CSR Definiation |
19 | 598 | steel industry overview |
19 | 600-01 | fertilizer issues |
19 | 603 | Cehmical industry overview |
19 | 606 | facts related to DDT from Hindustan Insecticides |
19 | 607 | Petro chem overview |
19 | 612-618 | Mineral Resources of India (do keep a map while reading this) |
26 | 928 | Railway Finance |
26 | 934 | Shipping overview and importance (+coastal shipping overview given on pg 936) |
26 | 935 | Maritime development and maritime agenda |
26 | 938 | ship repair and building |
26 | 940 | inland water transport, |
26 | 940 | cruise shipping |
26 | 943 | chartering |
26 | 951 | protection of air travellers, other outstanding issues + last para on 950 |
23 | 782-86 | transport overview of railways, roads, ports, Inland water and aviation in planning chapter |
23 | 728-34 | planning + overview of 1 to 10 five year plans. For mains / interview fodder, consult the original 12FYP PDFs released by planning Commission (three volumes) click me to download. |
Banking and Insurance
8 | 159 | post office savings bank |
8 | 160 | international money transfer service (benefit) |
8 | 160 | instant money order (feature, limits) |
8 | 160 | E-money order |
8 | 161 | electronic clearing service ECS |
13 | 373 | RBI role function (1st para) + Composition of Banking system |
13 | 373 | Banking Ombudsman |
13 | 377 | SIDBI |
13 | 378 | NHB (Reverse mortgage meaning) |
13 | 378 | Exim Bank |
13 | 378 | NABARD |
13 | 378 | RRB |
13 | 379 | LIC |
13 | 379 | Insurance Cos: classification,examples |
13 | 381 | AIC |
Insurance Schemes
8 | 161 | postal life-insurance |
8 | 161-62 | rural postal life-insurance |
13 | 382 | NAIS |
13 | 380 | Janshree Bima Yojana |
13 | 380 | Siksha Sahyog |
13 | 380 | Aam Admi Bima Yojana |
13 | 381 | UHIS |
19 | 590 | insurance in Handloom |
19 | 590 | Rajiv Gandhi Shilpi Swasthya insurance |
21 | 681 | Rashtriya Swasthya Bima |
18 | 523 | Pravasi Bharatiya Bima Yojana |
16 | 469 | health insurance scheme |
Disinvestment
13 | 383 | Disinvestment: introduction, Policy framwork |
13 | 384 | NIF: features |
13 | 384 | use of disinvestment proceeds |
Economy: Funds
This is mostly for MCQ/2m.
11 | 279 | National electricity fund |
13 | 396 | disaster relief fund |
15 | 428 | sugar development fund |
15 | 440 | consumer welfare fund |
14 | 405 | Investor Education and Protection Fund (IEPF) |
16 | 470 | Rahstriya Arogya Nidhi |
18 | 523 | Indian Community Welfare Fund (ICWF) |
20 | 632 | advocate welfare fund |
26 | 932 | Road fund |
28 | 986 | National schedule caste finance and development Corporation |
28 | 986 | National Safai Karmcharis finance and development Corporation |
28 | 989 | National Backward class finance and development Corporation |
28 | 992 | National Handicapped finance and development Corporation |
28 | 1002 | National scheduled tribes finance and development Corporation |
28 | 1012 | National minorities finance and development Corporation |
29 | 1052 | National sports Development fund (+welfare fund for Sports person given on 1055) |
wait ends…thank u sir
thanks a lot sir
thank u so much sir
how to approach the ECONOMIC SURVEY could you suggest me
sir pls explain in brief the functions of ISS,CSO,NSSO
thank you so much sir.its nice work….
sir i hav a doubt in pg 127 of india yearbook–i.e in export & import item list Petroleum has been enlisted in both.. is dat correct???
well as per information 80% of crude oil v r imporing right
page 131 and table 5 on page 131 also says the same thing.
Hi Sir
Excellent Post.Really helpful for studying economics.Can u make a post on how to approach economic survey..
very soon.
Sir, What type of questions from current affairs related to economy can be asked in SSC CGL exam? Is economic survey important for SSC also?
Please tell what things to remember from Rail Budget for SSC CGL exam?
Sir, what is tax to GDP ratio?
sir, can you please guide us towards that from where can i download india year book for 2012 as it is relevant for sbi po exam 2013….
Sir, even after reading Yearbook and trying from other sources, i fail to understand why do we need CSO and NSSO both for the same job of statistical survey? What is the difference between these two organizations?
Sir please reply
thanks
Thanks a lot, very helpful
YHANK YOU SIR
thank you sir…
very good . must be important information this site.
thankful info.
Hello, Sir I am looking forward for RBI Grade B officer exam. Do i need to read Economy section of India year Book. Pls help me on this. Thanks and regards.
Sir,
I have searched for the COFEPOSA act at internet but can’t find much useful information. The PDF of this act is opening but the language of the PDF is tough to understand. Please provide some information on this act please.
Thank you for your support.
sir I have some public sector exams on the month of september.In those exams we have current affairs I would like to know from which month to which month will they be considering for framing those questions.So that I cam skip the unnecessary part