Agents of UPSC CSE 🚩

MSP (23 crops) and FRP (sugarcane) both recommended by CACP and approved by CCEA always.

MSP formula - A2 + FL & C2

CACP comes under Min. of Agriculture

CCEA headed by PM of india

460 viewsCaptain America, 15:26

Demand and supply of money

Monetory policy of RBI

Expensionary monetory policy
Tight monetory policy

Many times repeated this theme 🌟

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522 viewsCaptain America, 15:26

Agents of UPSC CSE 🚩

Essential Commodities Act (ECA), 1955

The ECA has been used by the Government to regulate the production, supply, and distribution of a whole host of commodities it declares ‘essential to make them available to consumers at fair prices.

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539 viewsCaptain America, 15:27

Agents of UPSC CSE 🚩

CPI rural/urban/combined released by NSO and remaining 3 workers wali labour bureau release karta hai. RBI CPI combine use karta hai to measure retail inflation

612 viewsCaptain America, 15:27

Agents of UPSC CSE 🚩

CPI rural/urban/combined released by NSO and remaining 3 workers wali labour bureau release karta hai. RBI CPI combine use karta hai to measure retail inflation

Don't get confused by CSO.

CSO + NSSO (MERGED) = NSO

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608 viewsCaptain America, 15:28

Agents of UPSC CSE 🚩

Yad rakhna

Capital account convertibility - partial hai

Current account convertibility full hai 🌟

564 viewsCaptain America, 15:28

Agents of UPSC CSE 🚩

Basel convention environment me hota hai

Basel norms or basel accord economics me hota hai 🌟

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588 viewsCaptain America, 15:28

Agents of UPSC CSE 🚩

Rate of growth kabhi steadily increase nahi hota hai kabhi 6% hogi kabhi 7% to kabhi 5.9%. growth to ho rahi hai lekin steadily nahi hai aaj 5% kal 6% phir next year 7%

But GDP hamesa grow karti hai in terms of production.

National income 2015 ke bad se GDP at market price pe count ki jaa rahi hai 🌟

595 viewsCaptain America, 15:28

Agents of UPSC CSE 🚩

UPSC repeating inflation and controlling method again and again

Government controlling inflation through Fiscal policies ( increasing or decreasing tax rates )

RBI using monetory policy instruments.

619 viewsCaptain America, 15:29

Agents of UPSC CSE 🚩

International liquidity ka problem mostly developing countries ko hoti hai when they don't have sufficient forex reserve

For example - pakistan, sri-lanka etc

636 viewsCaptain America, 15:29

Agents of UPSC CSE 🚩

Deficit budget ko kam karne ke liye goverment subsidies limited kar sakti hai by rationalising

Revenue expenditure kam kar sakti hai

For example - pension kam kar di, agniveer scheme me pension and salary limited kar di hai

736 viewsCaptain America, 15:30

Agents of UPSC CSE 🚩

This is very important IIP index, just remember 3 things

Published by NSO
Represent 40% of weight of items are included in the IIP

Starting ke 2 Refinery and electricity yad rakho aur last ke do cement and fertilizers

So you can eliminate other options

922 viewsCaptain America, 15:30