- 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.
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Sir, it would have been more beneficial if lectures were in English. Atleast English subtitles…please… :(
thanks a lot sir…
sir my maths is weak. Pls tell me which book i read??
or on youtube who is best. Pls
Sir thanks for your tireless efforts. Your untiring resource consolidation and publication is the inspiration for many aspirants like me. Sir i would like to bring you in notice is that whenever you are delivering the lectures you are recording those videos and at the same time you can stream it online sir through youtube live event sharing.
can i get these videos in English
Mrunal sir
ek doubt hai.crr aur slr direct instrument e aane chahiye kyunki inko regulate karne se bank ke paas lonable amount directly kam jyada ho jaata hai to profit cover karne ke liye ye rate usi hisab se adjust kar denge.isliye direct instrument hona chahiye.maine ek book me ise direct instrument ke andar padha hai.
Thank you so much sir.
Thank you Sir
THANK YOU SO MUCH SIR….
Mrunal sir
your lectures are extremly good and thanks for uploading it,its really heplful.Now every one will have your lectures in their hands.
sir it could be better to give ur explantion in english
Thank u mrunal Sir for PowerPoint Presentation guidance. Plz continue this praiseworthy par excellence effort. This is very easy to understand and recollect.
thnk u sir ….
but i m unable to download it..
Thank u mrunal for ur incredible work…
plz send me sir ke economy n polity notes mere se download ni ho rha h plz send me
Mr Mrunal u r like an action hero for million of rural boys and girls who r preparing for upsc….ur work is really very precious for them…May God give u whatever u wish in ur life… Thank u Sir
Mrunal Bhai tum God ho yar ………..Thanx a lot thanx a lot thanx a lot ……………please is bar economy k sare lecture upload kerna ……………………thanks again
model answer for mains 2015 gs link-
http://aashvii.blogspot.in/2015/01/blog-post.html
nice formating. can be helpful for starters
thanks alot mrunal…….
great sir…thank you very much
thank you for your initiative its quite helpful and aid our preparation very well
very helpful Sir.
Bank rate is for long term borrowing while Repo rate is for short term borrowing. What time duration is considered as short term & long term ? TIA
364 days = short term
Greater thN that=long term
Thanks :-)
SHORT TIME (1-90DAYS )
LONG TERM ( MORE THEN 90 DAYS )
short term = 1-364 days
long term = 1 year and above
am i looking a dream????? Mrunal that was so lucid….u rocks……
Sir, ibps exam ka mains ka questions kaisa rahega
it’s being a wonderful drive through e-learning for all competition oriented aspirants especially for UPSC. Sir You are doing a tremendous job in this regard. Thanks.
Thanku
Dear sir,
We are from Tamilnadu, here a bunch of students from rural area are continuously watching and preparing from your site,,, We are very happy about your lecture.. we kindly request you to take class in english also sir,, we dont know hindi..
Thanks in advance and do well the same sir..
Thank u sir thank u so much..
since i cant afford money for coaching centres, you are best source of preparation for economy in internet.. Please upload more videos on economy..
Mrunal Sir
you are the best
Sir what you are doing is really appreciated by all the aspirants.
But its sometimes not possible to go through all the articles and sometimes the topics covered in articles are boring.
But now seeing your videos makes me feel good.
I hope you will make more youtube videos cause videos are better to understand things and these videos will benefit people all around the country.
thank you
please deliver lecturers in english.so it will help a lot for non hindi speaking students. please kindly do this.moreover what is the stand of upsc and govt of india regarding changes in csat ? will they continue same pattern ? or any changes ?
Dear Sir ,
Plz plz upload the ECONOMY VIDEOS (SPIPA Wali) .. waiting for your next lecture
Davinder, i’ll get the video file from their office only on tuesday/wednesday (due to the 4th saturday and 26th jan holidays). Once i get the file, i’ll certainly upload it.
Thankew So much Sir.
Sir, when are you posting next class video? Eagerly waiting.