UPSC 2019 economics analysis 🌟

Participatory notes 🌟 most important

External debt 🌟 denominated in US DOLLAR, RUPEE, SDR, YEN, EURO

Currency crisis, BOP crisis, forex reserve 🌟

Do remember 1st five 5 year plan and objectives 🌟 and last 2 plan

India imports palm oil from Indonesia, Malaysia and Thailand. Soyabean oil comes from Argentina and Brazil, while sunflower oil comes from Ukraine and Russia.

Procurement price 🌟 repeated themes

Procurement price = MSP + procurement incidental + distribution cost 🌟

Let’s not only focus on the growth rate but also have clarity on each term mentioned eg GDP, GVA, Fiscal deficit, INFLATION, foreign exchange reserves

Many times, UPSC asked the steadily growth rate of GDP.

Have a look 🌟