Economy of India

UPSC IAS Prelims 2021: Expected Questions & Answers on Economics

UPSC IAS prelims 2021 exam is to be held on 27th June 2021. In this article, we have provided Important Questions on various topics of Economics which are designed as per the latest UPSC Prelims exam 2021 pattern. From learning the basics of the economy to five-year plans, monetary and fiscal policy, Economics covers a …

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UPSC IAS Prelims 2021: Important Questions on Economics – Topic 9 (Inflation)

UPSC IAS Prelims 2021: Important Questions on Economics – Topic 9 (Inflation): Inflation is mainly caused either by demand Pull factors or Cost-Push factors. Apart from demand and supply factors, Inflation sometimes is also caused by structural bottlenecks and policies of the government and the central banks. Inflation is one of the most important concepts …

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UPSC IAS Prelims 2021: Important Questions on Economics – Topic 8 (Fiscal Policy)

UPSC IAS Prelims 2021: Important Questions on Economics – Topic 8 (Fiscal Policy) : Fiscal policy is the use of government revenue collection (mainly taxes but also non-tax revenues such as divestment, loans) and expenditure (spending) to influence the economy. Fiscal policy in India is the guiding force that helps the government decide how much …

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UPSC IAS Prelims 2021: Important Questions on Economics – Topic 7 (Industrial Policy)

UPSC IAS Prelims 2021: Important Questions on Economics – Topic 7 (Industrial Policy): The Government of India undertakes various measures to enhance and strengthen the Industrial Policy of India. These measures can prove to be of great impact to the national economy.  Every year many questions from different topics of the economy are asked in …

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UPSC IAS Prelims 2021: Important Questions on Economics – Topic 6 (Money & Banking)

UPSC IAS Prelims 2021: Important Questions on Economics – Topic 6 (Money & Banking) : Money may be defined as anything which is generally accepted as a medium of exchange and at the same time acts as a measure, store of value and standard of deferred payment. Commercial Banks are a financial institution who accepts …

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UPSC IAS Prelims 2021: Important Questions on Economics – Topic 5 (Indian Agriculture)

UPSC IAS Prelims 2021: Important Questions on Economics – Topic 5 (Indian Agriculture) : India is the second-largest producer of wheat and rice, the world’s major food staples. India is currently the world’s second-largest producer of several dry fruits, agriculture-based textile raw materials, roots and tuber crops, pulses, farmed fish, eggs, coconut, sugarcane, and numerous …

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UPSC IAS Prelims 2021: Important Questions on Economics – Topic 4 (Economic Planning)

UPSC IAS Prelims 2021: Important Questions on Economics – Topic 4 (Economic Planning) : Economic planning in India dates back to the pre-Independence period when leaders of the freedom movement and prominent industrialists and academics got together to discuss the future of India after Independence which was soon to come, Every year many questions from …

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UPSC IAS Prelims 2021: Important Questions on Economics – Topic 3 (Poverty & Unemployment)

UPSC IAS Prelims 2021: Important Questions on Economics – Topic 3 (Poverty & Unemployment): Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Unemployment is another factor causing poverty in India. The ever-increasing population has led to a higher number …

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UPSC IAS Prelims 2021: Important Questions on Economics – Topic 2 (Economic Growth & National Income)

UPSC IAS Prelims 2021: Important Questions on Economics – Topic 2 (Economic Growth & National Income) : National Income is the total amount of goods and services produced within the nation during the given period. It is one of the most important topics of Economics and UPSC aspirants must prepare it well. Every year many …

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UPSC IAS Prelims 2021: Important Questions on Economics – Topic 1 (Composition & Structure of Indian Economy)

Most important questions Composition Structure of Indian Economy Aspirants of UPSC Civil Services Prelims 2021 exams can solve these questions to test their knowledge on this topic of Economics. Indian Economy is one of the fastest-growing economies in the world. A clear understanding of the Indian Economy can help you in more than one way. …

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Economy Study Material for RPSC RAS Prelims

The Preliminary Examination consists of one paper on the subject of General Knowledge & General Science. The question paper is of objective type and carries a maximum of 200 marks. Examination is a screening test, only for admission to mains examination and marks obtained will not be counted in final merit. Hence, candidates need to just clear the exam. …

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Union Budget 2021: PM Aatma Nirbhar Swasth Bharat Yojana and Mission Poshan 2.0 announced

Union Budget 2021: PM Aatma Nirbhar Swasth Bharat Yojana and Mission Poshan 2.0 announced. The Finance Minister of India, Nirmala Sitharaman, has announced two new centrally sponsored scheme namely, the PM Aatma Nirbhar Swasth Bharat Yojana and the Mission Poshan 2.0 while presenting the Union Budget 2021. UPSC Prelims Exam 2021 GS Paper-1 : Complete …

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Union Budget 2021: No change in Income Tax Slabs

The Union Finance Minister, Nirmala Sitharaman, have proposed no change in the Income Tax Slabs in the Union Budget 2021. The income tax structure has been kept as earlier. However, some relief have been announced for the senior citizens. It was announced that the senior citizens above the age of 75 years will exempted from …

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India Union Budget 2021 in Hindi PDF Download

Highlights of Union Budget 2021-22 in Hindi: वित्त वर्ष 2021-22 का बजट आज 1 फरवरी को वित्त मंत्री निर्मला सीतारमण ने पेश किया. इस बजट में उन्होंने कई बड़े ऐलान किए. बजट में वित्त मंत्री ने कई नई योजनाओं की घोषणाएं की. टैक्स स्लैब में कोई बदलाव तो नहीं हुआ लेकिन 75 वर्ष से अधिक के …

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20 Interesting Facts About Indian Budget : Union Budget 2021

On 1 February 2021, Finance Minister Nirmala Sitharaman presented the first paperless Union Budget in the history of India. This is done in view of the ongoing COVID-19 pandemic. The Budget for the FY 2021-2022 is in line with Prime Minister’s Modi’s vision of ‘Digital India’. The Budget documents will be electronically distributed to the Members of Parliament (MPs). …

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The A – Z Of Union Budget 2021 For UPSC Civil Services Examination

The Union Budget is the annual budget of the Indian Republic. It is presented every year in the month of February generally by the Union Finance Minister. In this page, you can read all about what a budget is, and what to expect in the Union Budget 2021-22. This is an important topic for the UPSC …

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आर्थिक सर्वेक्षण 2021 : मुख्य बिंदु (Economic Survey 2021 in Hindi)

आर्थिक सर्वेक्षण 2021 : मुख्य बिंदु (Economic Survey 2021 in Hindi): केंद्रीय वित्त मंत्री निर्मला सीतारमण ने 29 जनवरी, 2021 को लोकसभा में आर्थिक सर्वेक्षण 2020-21 को पेश किया। मुख्य बिंदु आर्थिक सर्वेक्षण 2021 में पिछले 12 महीनों में भारतीय अर्थव्यवस्था की प्रगति का एक अनुमान प्रस्तुत किया गया। इस सर्वेक्षण में कहा गया है …

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India to Launch ‘Start-up India Seed Fund Scheme’

The government has announced for the launch of Start-up India Seed Fund Scheme (SISFS) on January 29, 2021. The Indian government has approved the Startup India Seed Fund Scheme (SISFS), which will provide early-stage funding to tech startups via a corpus of INR 945 Cr, to be disbursed through select startup incubators between 2021-25. Start-up India Seed Fund Scheme (SISFS) The scheme will be launched …

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Annual Economic Survey 2021 | Union Budget 2021-22

FM Nirmala Sitharaman on Friday presented the Economic Survey 2021 that details the state of the economy ahead of the government’s Union Budget 2021 for the fiscal year. The Economic Survey of India is an annual document released by the Finance Ministry, Government of India. It is a very important document from the UPSC IAS Exam perspective. …

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Indian Economy for Civil Services Examination

Indian Economy for UPSC Civil Services Examination (IAS), State PSC and all other competitive exams preparation: Indian economy/ Economics is part of both UPSC Prelims Syllabus and the UPSC Mains Syllabus (GS III). Also, Economics is an optional subject choice in the IAS Mains exam. This highly relevant and scoring subject often poses a challenge to IAS …

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