Sleepy Classes IAS
83.2K subscribers
1.65K photos
9 videos
2.93K files
5.62K links
Making Regular Videos. For UPSC. So that you don't have to go to coaching classes at all. For Free.
Download Telegram
Which one
Anonymous Quiz
12%
A
60%
B
17%
C
10%
D
Which one
Anonymous Quiz
23%
A
48%
B
24%
C
5%
D
Choose the correct option
Anonymous Quiz
32%
A
42%
B
17%
C
9%
D
Which one
Anonymous Quiz
28%
A
25%
B
36%
C
10%
D
๐ŸŽ–Economy ๐ŸŽ–

Day 17 (53 days to prelims)

Expected time to complete: 2 hours

Topics to be covered:
๐Ÿ”˜Basics of Economy (GDP, GVA, GNI, GNP, Base Year, Per capita income, measuring of GDP, PPP, etc.)
๐Ÿ”˜Inflation (Types of inflation, various curves, etc.)

โœ…Source: Book by Ramesh Singh.

โœ…Sleepy Students: You can cover the topics in our crash course: Lecture 1- 6 of prelims economy crash course.
โœ… You can practise these topics in our Parishram Test Series: Test number 1 of Economy.

โญ๏ธBonus topic from our few minutes series:โญ๏ธ
https://youtu.be/gbJqwJZcYUU?si=5oJk7aaRlHUYyUxt
Q2. Inflation is characterised by which of the following?
1. A sustained increase in the general price level of goods and services.
2. A persistent trend of decline in the purchasing power of currency.
3. Money losing its ability to acquire the same basket of goods and services as before.
Select the correct answer from the options given below:
Anonymous Quiz
6%
A. 1 and 2
11%
B. 2 and 3
20%
C. 1 and 3
64%
D. 1, 2 and 3
Q3. Considering the measurement of a nation's economic activity, how many of the following statements about Gross Domestic Product (GDP) is/are most likely correct?
1. It includes the value of all final and intermediate goods and services produced within a country in a given year.
2. It considers the income earned by citizens of a country regardless of where it is generated.
3. A higher GDP always signifies a higher standard of living for the citizens of a country.
Select the correct answer from the options given below:
Anonymous Quiz
28%
A. One only
25%
B. Two only
14%
C. All three
33%
D. None
Topics Covered in Yesterday's 50 Important Topics Session
See You Again At 2PM Today!

๐Ÿ“บ50 Important Topics (Geography-3): https://youtu.be/CUHPancXq_Q
UPSC 2025 Schedule Revealed.
Sleepy Classes IAS pinned ยซ๐ŸŽ–Economy ๐ŸŽ– Day 17 (53 days to prelims) Expected time to complete: 2 hours Topics to be covered: ๐Ÿ”˜Basics of Economy (GDP, GVA, GNI, GNP, Base Year, Per capita income, measuring of GDP, PPP, etc.) ๐Ÿ”˜Inflation (Types of inflation, various curves, etc.) โœ…Source:โ€ฆยป
๐ŸŽ–Economy ๐ŸŽ–

Day 18 (52 days to prelims)

Expected time to complete: 2 hours

Topics to be covered:
๐Ÿ”˜Inclusive Growth
๐Ÿ”˜Banking

โœ…Source: Book by Ramesh Singh
โœ…Sleepy Students: You can cover the topics in our crash course: Lecture 7-11 of prelims economy crash course.
โœ… You can practise these topics in our Parishram Test number: 2 of Economy

โญ๏ธBonus topic from our few minutes series:โญ๏ธ
https://youtu.be/zpsE7QBCIl8?si=1W52mS5_f4zGulYj
Q1. โ€œLiquidity refers to the ease with which an asset or security can be bought or sold in the marketโ€.

1. Ample liquidity implies a narrow bid- ask spread.
2. Low liquidity can lead to price volatility in the market.
3. Options and real estate are generally considered liquid assets.
Select the correct answer from the following
Anonymous Quiz
45%
A. 1 and 2
20%
B. 2 and 3
21%
C. 1 and 3
15%
D. 1, 2 and 3