- Correction in the Economic survey summaries
- No corrections
- Parting words
- Next order of business
- Updates from UPSC
- Updates from SSC
Last updated on Aug-22-2014 evening.
Ch4: measures of money supply
- Banks receive more money in TIME deposits (FD, RD) than in Demand deposits.(Current / Savings)
- M3 less liquid than M2
Ch4: Inflation index theory
- Consumer food price inflation (CFPI): base year is 2010.
Ch4: Inflation Current trends
- HSBC releases the Purchasing Managers’ Index (PMI).
Ch8: Agriculture => El Nino
- High SOI index => strong trade winds & La Nina. (Trick: High has an “i” hence La N-”i”-na)
- Low SOI index => Weak trade winds & El Nino. (Trick: Low has an “o”, hence El Nin-”o”)
- During El Nino year: warm water near Peru. (Visualize: El Nino is a terrible child, he has put gas-heater near Peru coast, now fishermen can’t put their feet.)
National Investment fund (NIF)
- 75% proceeds should go for bogus Sarkaari schemes and 25% for PSU revival= that rule continued till 31st March 2013.
- But After that, NIF Money is used for following purposes
- buying shares of CPSE to enture 51% sarkaari ownership
- recapitalizing sarkari banks and insurance companies
- Investing in EXIM bank, NABARD, Regional rural banks,
- Uranium corporation, Nabhikiya Vidyut Nigam
- Metro projects and Indian railways capital Expenditure.
- And Government budget will decide where to spend money among these sectors.
- For Budget 2013, NIF money was spent on Bank recapitalization and Indian railways.
Ch11: Coal gasification
- NELP total blocks 93
- India is largest producer of Guar gum. But due to heavy imports from US shalegas companies, its prices have increased by ten times within a year (2011-12). Thus shortage for domestic industry- who cannot keep up with the prices offered by American importers.
ch11: petrol diesel
- CPCL Manali refinery is in Tamilnadu (And Himachal)
ch11: PPP challenges
- DMIC will pass through 6 states- Haryana, Delhi, Uttar Pradesh, Rajasthan, Gujarat and Maharashtra. PIB-April-2007
- AND Madhya Pradesh as well. Commerce Min. July 2007
Ch12: Forest Survey report
- Forest cover increased between 2011 and 2013.
Ch12: Sustainable Development
- 4 crore Indians don’t have electricity in their homes; and 8 crore still use firewood for cooking
- Correct spelling of the name: Brundtland commission
Ch13: HDI calculation
- Old HDI had indicators of adult literacy rate and GER as it components
- but in the new HDI (post 2010) these two components have been replaced by Mean schooling years and expected years of schooling.
Ch13: Poverty estimation
- Tendulkar method counts Expenditure in food, education, health and clothing. (and NOT just food).
Ch13: Women and child
- MMR: no of mother deaths during or after within 42 days of birth.
Ch13: Minorities and PH
- India has ratified Marrakesh treaty.
Ch13: Minorities and PH
- Delhi is the most populous city of India.
Some readers had said xyz thing is wrong. But I’ve not changed it because of following reasons:
- 2011: Maharatna was rule involved annual turnover 20000 crore but as per PIB-2013 it is 25000.
- Pharmacy doesn’t require “industrial license”. Because IYB 2014 page467 lists only five categories- pharmacy is not one of it. I’m unable to find any latest update that pharmacy/pharmaceutical was added
- Ackwarth Committee gave report in 1921 but they started separation of rail budget from 1924-25. Ref: official site of railways
- Gini coefficient: 0-equality, 1-max inequality.. Larger the higher gini coeffiicent, bigger the inequality. because Economics Roger A. Arnold, page 664
- Green Energy corridor: Intra-State grid upgradation would be taken up by PowerGrid, while the inter-State network would be developed by State utilities. ref: Businessline May 2013
- DON’T keep awake the entire night before exam. Because whatever you cram during that night, nothing comes from it in the prelims. (years of self-experiance). Proper sleep is essential, to avoid silly mistakes in Maths and DI questions.
- GS: Never tick answers on GUT FEELING. Last year cutoff was 241. Many (sincere) candidates failed, their score was in the range of 239-240. Means, even a single mark lost in penalty, can change your result.
- DONOT COUNT Number of “attempted” circles, after every 15-20 minutes. It creates unnecessary pressure on brain and forces you to tick answers on GUT FEELING.
- Polity –even a slight change in wording- from “shall” to “may”, can alter the entire the meaning. Don’t take read Polity statements casually, observe each word then mark answer only if you’re 100% sure.
- In the multiple-statement question, Sometimes they ask you to find “Correct statements”, sometimes they ask you to find “incorrect statements”. SO Carefully read instruction, what do you have to find out- Correct statement OR incorrect statements? Otherwise, in your head you’d solve it right, but you’ll mark wrong answer.
- For point#5: ALWAYS use “elimination” method. First strike out the ineligible statements and the answers that have such statement combos (e.g. only 2 and 3 correct). It’ll greatly reduce the chances of mistake and trap MCQs.
- Aptitude: Don’t waste time in “sitters”. If a sum takes too much time, then move to next question. A comprehension “SET” should be solved at once. If you can’t solve 1-2 MCQs within that set, then don’t come back for it later on. Otherwise more chances of “GUT FEELING” and time wasted for re-reading the entire passage again.
- DONOT USE WHITENER in OMR sheets. It creates problem while computer scans the paper.
- MUST bring Wrist watch. Otherwise how will you know you’re wasting too much time on “sitter” aptitude question or comprehension passage?
- MUST bring an exampad. Often the Sarkaari benches have fractured surfaces, sometimes not wide enough to even put question paper.
- MUST tick answer using Black pen only.
- After Exam is over: Don’t waste time in cutoff speculation. Every year, hundreds of people clear UPSC despite having lower scores than the (unofficial) cutoff predicated by forum-gurus and coaching babas. There is always discrepancy of minimum 5-6 questions between official and unofficial answer keys (mine included). And like I showed in point#2: people miss the mains-ticket even by one mark. So, cutoff talk is for kids, not for real players.
- Instead, analyze the paper yourself- what was the source of the question? Did you have that book/XEROX/electronic source before exam? If yes, did you tick the right answer? What were the positive aspects and shortcomings in your preparation?
- Because there are ~1200 vacancies, this site has >60,000 subscribers. Majority will have to re-appear prelims next year. Lord Curzon will release this year’s “OFFICIAL” answerkey & cutoffs somewhere in 2015 (once the entire prelim-mains-interview-final result cycle is over).
- At that time (2015) you’d have forgotten, what exactly had happened in the battlefield on 24th August 2014. Therefore, you must self-analyse the paper and performance immediately after prelim is over & tweak the booklist-strategy accordingly for future.
- Once this “analysis” exercise is over, resume Mains preparation, SSC Tier-2 (2013), SSC Tier 1(2014), IBPS-2014, CAT-2014, CDS or any other exam you’re preparing for. Never sit idle, you’re in a warzone.
From my side, after prelim is over:
- Unofficial answerkeys for CSAT. I’ll release them at my pace over a span of 1-2 weeks. I’m not competing with any coaching classes for “who releases the answer key first?” Haste makes waste.
- After that, I’ll take a break from writing for 2 weeks, to fix some long pending financial issues, house repair work and server upgrade.
- Then, I’ll resume from the remaining chapters of Economic survey and [Current] series from where I had left.
So, best wishes to all नही ONLY Serious players. This is my last article before कत्ल की सुबह.
- Visually challenged candidates will get 40 minutes extra in each of the paper. (earlier only 20 minutes) UPSC implemented this after SC order. LINK.
- UPSC confirmed DoPT’s directive that English questions (those 8-9 easy MCQs above decision making section), will not be counted in Civil service exam. Although silent on IFoS. LINK
Recall that in SSC CGL-2013 Tier 1 RE-exam, they passed some candidates at lower cutoff for Tax assistant post. SSC has published the list of those candidates: