Agents of UPSC CSE 🚩
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β–ͺ︎ UPSC pyq's analysis & repeated themes
β–ͺ︎ News analysis
β–ͺ︎ NCERT and standard books

And general discourse on various current affairs.
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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
Demand and supply of money

Monetory policy of RBI

Expensionary monetory policy
Tight monetory policy

Many times repeated this theme 🌟
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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 β€˜essential to make them available to consumers at fair prices.
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
Yad rakhna

Capital account convertibility - partial hai

Current account convertibility full hai 🌟
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Basel convention environment me hota hai

Basel norms or basel accord economics me hota hai 🌟
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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 🌟
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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.
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International liquidity ka problem mostly developing countries ko hoti hai when they don't have sufficient forex reserve

For example - pakistan, sri-lanka etc
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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
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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
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Agents of UPSC CSE 🚩 pinned «UPSC 2015 economics analysis 🌟»
Which one of the following is an important driver of economic growth which helps in sustaining high growth rate, increasing productivity, a major source of non-debt. financial resources, and employment generation?

[UPSC LDCE 2023] #Economy #C_A
Anonymous Quiz
70%
(a) Foreign Direct Investment
14%
(b) Ease of doing business
11%
(c) Make in India
5%
(d) Start-up India
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Which of the following changes have taken place in Indian Economy after Economic reforms in 1991 ?

[UKPCS Pre 2021]
Anonymous Quiz
1%
(a) Share of agriculture in GDP has increased enormously
17%
(b) FDI inflows have increased
6%
(c) foreign exchange reserves has increased
75%
(d) Both (b) and (c)
Which sector in India attracts the highest FDI equity flow?

[63rd BPSC, 2017]
Anonymous Quiz
3%
Construction Sector
1%
Energy Sector
13%
Automobile Sector
70%
Service Sector
13%
None of the above/More than one of the above
FDI is prohibited in above sectors...