- Prologue
- Lecture1: P1- Overview of Economy preparation
- Lecture1: P2- Banking Monetary Policy
- Lecture1: P3- Bank Rate, Repo Rate, LAF, MSF
- Lecture1: P4- Limitations of Monetary policy
Prologue
- My economy lectures for UPSC-2015 batch have started at SPIPA, Ahmedabad (run by Government of Gujarat.)
- I’ve requested them to record all of my lectures for this batch, so it can benefit aspirants at other places, through youtube.
- Although unlike Salman khan neither they nor I can make any “commitments” because of the technical glitches in a typical sarkari IT-setup.
- Anyways, First lecture was done on 16th January 2015, and uploaded. Total ~2:00 hours but I’ve split it into four parts. Click me to watch them
- PowerPoint of the lecture, available at files.secureserver.net/0fxNJqSZOKiE4I
- Medium of instruction- Hindi.
- English version not possible for the moment, because I’m required to teach at this batch, in Hindi/Gujarati only. Besides, same content is available in English-text articles and English PPTs on the site.
Lecture1: P1- Overview of Economy preparation
Topics covered
- 7 Pillars approach for preparing Economy portion for various competitive exams in India?
- List of books: What to read, what to skip.
- Outline of my future lectures.
Youtube Link: http://youtu.be/KUGXdvm7Wa8
Lecture1: P2- Banking Monetary Policy
Topics covered
- Evolution from Barter system to Money system
- What are Financial Intermediaries?
- What is Monetary Policy?
- How can monetary policy be used to combat inflation and deflation?
- What is Dear Money policy and vs Cheap Money policy?
- What are the quantitative and qualitative tools of Monetary Policy?
- Time and Demand liabilities of a Bank (NDTL)
- NDTL, CRR, SLR- purpose, features.
- OMO: Open Market Operation.
Youtube Link: http://youtu.be/E5JU-mw9YDg
Lecture1: P3- Bank Rate, Repo Rate, LAF, MSF
Topics Covered
- What is Bank rate?
- What is Liquidity adjustment facility (LAF)?
- Difference between MSF (Marginal standing facility) and LAF?
- What is repo rate, reverse repo rate?
- What is policy rate? How can it be used to combat inflation and deflation?
- Bi-monthly Monetary Policy review-including the latest reduction in repo rate on 15th January 2015.
Youtube Link: http://youtu.be/hhbDboWq4JY
Lecture1: P4- Limitations of Monetary policy
Topics Covered:
- What are the limitations of monetary policy in a developing country?
- How to strengthen monetary policy- recommendations of Urjit Patel Committee setup by Reserve Bank of India (RBI).
- Accountability mechanism in RBI
- Further reforms in RBI organization structure.
Youtube Link: http://youtu.be/e6mKj02YGHI.

Thank q so much for posting vedios those so good that i got a clear idea about economy thank q sir
Awesome Mrunal! Thanks for your effort ;)
its really precious material for my preparation of economic part of prelim as well as mains paper for upsc 2015 thanks a ton….
thanks sir :)
thank you Mrunal sir
Thanks a lot Mrunal Sir. I am very thankful to you from the bottom of my heart for your great deeds. Your blog is very important for all the civil aspirants especially for non-coaching students and poor students.
finished my interview in IOB headoffice chennai
nt fair sir…we south indians misn ua lectures…:-(
Exactly
Thank s a lot sir, u are a great person. Thank u so much.
THAX LOT SIR….I AM CONTINUOUSLY FOLLOWING YOUR WEB SINCE 2012 ,THIS IS VERY IMPORTANT FOR THOSE WHO HAVE NO MONEY TO PAY BABU MOSAY TYPE COACHING’S FEES…. BUT HAVING GREAT DREAM…..SIR APKE HELP SE BAHUT SE LOGO KE SAPNE SACH HO RAHE HAI…….KAMANA SABHI CHAHTE HAI KOI BURAI NAHI HAI…LEKIN SABSE BARI BAAT HAI AAP SAMAJ KO KYA DE RAHE HAI……AAPKA YE PRAYAS DO BUND ZINDAGI KI TARAH HAI JO IMMUNIZE KAR RAHA HAI GARIB AUR RURAL BASE MERE BHAIYO KE PAISE KE JATILTA KO….SIR AB ITNA KARNA KI APNE LECTURES UPLOAD KARTE RAHNA..MAI NAHI JANTA KI YE POSSIBLE HAI YA NAHI..LEKIN TRY KARNA SIR HUM SABHI KO BAHUT SUKUN MILEGA……..THANX AGAIN SIR.
Mrunal sir , my coaching classes are over , completed pre cum mains classes,,, I want to know that should I join test seried for prre and mains for 2015,,,, ? Which one is best for test series drishti ias institute or the vision (hindi medium)
Its very helfull material..it covers max
Sir, super work … Thanks to you helping us like this.. Very simple and getting ideas clearly… Sir u r super teacher
Unmatched quality, unbeatable price…whole of the videos nearly eats 1GB data ie just under range of ₹200..
..साला, दिल्ली के लुटेरे इसके लिए न जाने कितने हज़ार से उतारते और नतीजा वही शून्य का शून्य..
..
Excellent Mrunal bhai, u have crossed every limit of selfless service…
what does it your mean 200 rs …..please explain
@Gaurav- He said about internet browsing cost to download 1GB data from youtube of Mrunal Sir’s lecture.
@Mrunal – You are AWESOME SIR…
ok thanx
Thank you Sir, Can’t go SPIPA ffrom Jamnagar…
I am getting error message as invalid source please help me.
go for test series of vision Ias mains and for pre join any inexpensive test series and also solve zeroxed test paper of pre of any coaching class , but I didn’t know about Hindi medium sources
I am very thankful to you, Mrunal Sir.
Thank you very much again !
Hi mrunal sir thanx for uploading ur lectures in you tube on economy.plz add more video
Hii Mrunal sir..I had given my interview foe ibps po today.. I want to know will there be interim declaration of result of interview qualified students before the final allotment in April 2015?? Please reply sir.
Sir please start a thread or direct all IBPS PO 2014 interview aspirants to post comment about their experience in a particular post please sir interview started today and we need some experience about it .
Sorry I posted comment here.
for all those who like to read from wikipedia you may also create a book of articles from wikipedia page see left side on the page it is a very good tool so please use it I liked it so i hought i should share it with all Mrunal Sir’s Fan..
Sir,
Your lectures are extremely helpful for revisiting the concepts learnt earlier.
Would be quite helpful if you could share a strategy for Economics as an optional for UPSC mains.
P.S.: I have refered Gaurav Agrawal’s interview posted on this website but a detailed post on the topic would be of immense help.
Thanks sir
Anybody, please help me .. how can I download the youtube videos
Use Keepvid.com , just copy youtube URL in it and download in required format…may this help..
just type magic between you and tube in your youtube link
U must dwnlod tubemate. It vl hlp u .
U can dwnlod tubemate. It vl hlp u . try at once.
step to download any youtube video
open any video on the you tube.on the addreds bar of the url type ss after www. ie
http://www.youtube to http://www.ssyoutube and hit the enter button
a new download link will open with different file size and type.
thanku sir….as rest is history of u r selfless dedication
Very concise and clear sir. Thanks a lot. Would it be possible for you to share sach lectures for geography – Optionals (if not then…pls share strategy to go with Geography optional ….covering latest change in trends )
sir could u pls upload these videos in english, so that it could immensely help non-hindi speakers like me?
Please suggest me about test series,….any body have experience .?
Sir, God bless you……
Thnk u so much sir.