How do I study Indian Economy by

Ramesh Singh (6th edition) effectively

for the Civil Services Examination 2014
(prelims) as I have only 40 days left?
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Only do selective study from NCERT Class 11 Microeconomics, as following.

Elasticity of demands (ch2) + Giffen goods (internet)
Law of diminishing marginal product (ch 3.4)
Perfect competition (ch4.1): only features.
Non-competitive markets: (ch.6)
features given @intro
Monopolistic competition (ch.6.2.1)
Oligopolistic competition (ch 6.2.2)
Price ceiling and Price floors (ch5.2): only basic definition
Glossary: only MCQ worthy definitions.
http://...Approach: Macroeconomics + Indian Economy
GDP GNP Growth Basics
NCERT Class 12 Macroeconomics After NCERT Ch. 2 National Income Accounting
Circular flow of income.
How to calculate national income (ignore minute details/fomulas)
GDP, GNP, NNP, deflator and their formulas.
Ramesh: Ch1. subtopic ideas of national income Ch2 GDP vs Welfare topic (given at
the end of this chapter)
RAMESH: Ch 2 growth and development.
Human Development index: Theory + current (Mrunal under Economic Survey ch.
13 summary) + Schemes.
Then newspaper + Yojana/Kuru +Magazines =>Startup Page
Money Banking Finance
NCERT Class 12 Macroeconomics After NCERT Ch. 3 Money & Banking: Supply of
money, Functions of RBI Ramesh
12 Banking
11. Financial market => 14 Securities Market (Stock exchange, FII, QFI etc.)
13 Insurance
Current:
Economic Survey ch5 (FI)

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Legal angle: CSR, company law, SEBI powers

Committees: Mayaram FDI-FII, Bimal Bank License, Nachiket Fin. Services, PJ
Nayak Governance in Bank boards. list goes on.
Scam like: Bitcoin, Ponzi Scheme, NSEL, SEBI-SAHARA, Money laundering
Growth/Inclusion Angle
Foreign Investment/ Foreign Trade NCERT Class 12 Macroeconomics After NCERT
NCERT 12/macro/ch.6
Balance of Payment, Foreign Exchange
Gold standard, Bretton woods.
ignore Formulas and Charts. only one formula important: National income:
Y=C+I+G+X-M
+prepare all the terms in Glossary.
Ramesh
Ch15: External Sector
Ch16: IMF, World banks, OECD, ADB and other intl.org (even for Mains)
Current (focus on these news)
CAD high, Rupee weak (Govt+RBI)
Bilateral investment
India 2015 Ch. on Commerce. (for Mains.)
Visits and agreements. (make notes)
WTO: current (Bali summit, agro subsidy)
Infra, Food processing related (GSM3)
Taxation/ Fiscal policy
NCERT Class 12 Macroeconomics
Chapter 5
Revenue and capital account
Measures of deficit
Changes in Expenditure : ignore graph and formulas
Debt, deficit
After NCERT
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Laxmiankths book on Indian Polity. also available in Hindi
Ch. on parliament=>budget making, chapters on Central state relations, federalism and
CAG.
Ramesh Singh :
Ch. 18 Public finance.
Ch.17 Taxation
Lastly, GSM (MCQ)
(optional) Laxmikanths book on Pub.Ad:
Chapter on Financial Administration,
Union Government in India (PSU)

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http://...Approach: Indian Economy (for UPSC)

For Indian Economy- the approach must be prelim cum mains. (Prelim-oriented
jugaad preparation doesnt work anymore- because UPSC professors designing tough
MCQs to break the backs of coaching classes and senior players.) Anyways you should
approach the basic of Indian Economy following sequence:
#1: Background + British Raj/Pre-independence
NCERT 12: Fundamental of Human Geo.
Unit III (ch.5 to 9): sectors of economy
Colonialism, Imperialism, industrial revo.
NCERT (old) class 10, first chapter (History - Mrunal)
Bipin Chandra (Ch7) Economic Critique
NCERT class11 (economy) Chapter 1
#2: Agriculture/land reforms
NCERT (economy) class11 Chapter #2:
Planning topic ==>Ramesh 4 and 5
Land reforms topic => India Yearbook for schemes (rural development).
To prepare land reforms for Mains, go through
Polity: Archive of all polity articles written for UPSC, Staff Selection
SSC, CAPF, CDS, State PSCs, Group discussions and interview - Mrunal
Bipin Chandra: India Since Independence (ch.29 to 31)
Green revolution
NCERT geography books for more on Indian agriculture, cropping
patterns, soil types.
India Yearbook 2014: MSP, NAFED etc from agriculture chapter
Ramesh Singh Ch.8.
Mains: Food processing- Ive written whole article series [Food
processing], links given above.
Mains: Bipin Chandra: India Since Independencech33
+ Maintain notes from Yojana, newspapers, PIB etc. for issues related to land reforms,
subsidies, rural development and planning.
#3: Rural development
NCERT class11: Ch.6 Rural development
Rural banking=>RRB, financial inclusion (Mrunals articles)
Agri.marketing=> Food processing (Mains) (Mrunals articles)
Organic farming & its benefits.
Eco.Survey ch8 (agri. Food Management)
IYB chapter (Agri, rural urban Development)
#4: Industrial development
NCERT (economy) class11
Chapter 2: Industrial policy resolution, Import substitution, Permission raj
Chapter 3: LPG


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Ramesh Singh
Ch.6 (Economic Reforms)
Ch7 Inflation. (+newspaper)
ch9 (Indian industry and infra.) licensing, policy, disinvestment
Budget + Economic survey + IYB
Mains: Bipin PI Ch.25-28
#5: Infrastructure
NCERT class11: Ch.7 infrastructure
Energy=> renewable/non sources (GSM1); infra. (GSM3). For geography
angle, refer to Majid Hussian or DR Khullar.
Health infra.=> MDG, Public health, Schemes (GSM2 social sector
schemes)- given on Science and Technology - Mrunal
Ramesh Ch 9 and ch.22
Economic Survey ch. 9, 10 and 11
For Mains: 12th FYP plans points/recommendations for infrastructure.
#6: Poverty, Human resources
NCERT class11:
Ch4 Poverty: poverty line, Causes of poverty
Ch5 human capital formation
Ch7 Employment
Prelim cum mains (GS1 and GS3)
Ramesh: ch.21 Demographic dividend, Ch. 22 human development
Eco. Survey ch.2 and ch.13
Census 2011, skill Development (Yoj/Kur/12th FYP/Schemes)
#6: Sustainable development / Desi liquor
NCERT class11: 9
Carrying capacity, ozone depletion etc. basic
for biodiversity /environment angle: additionally prepare NCERT
sci/geography, NIOS
Ramesh Ch.20
RIO+20 (Mrunal Archive: Environment & Biodiversity related ExamNotes) This
summit is old topic but gives decent fodder points for essay/interview.
Economic Survey ch. 12
Once this is done, you may go through remaining chapters of NCERT/Ramesh as per
your time/mood.
6,434 views 24 upvotes Written 16 Jul, 2014
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Kriti Saini

Hey Thanks a lot...!! :-)

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'Indian Economy' by Ramesh Singh?

Naveen Kumar
Have big dreams
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Naveen Kumar, Have big dreams
You can't finish ramesh singh,better you read indian economy by sanjiv varma,very good
book. You can finish in 2days max, it is cost you around 150 INR. Really it is worth and
author teaches in vajiram. All the best
2,420 views 2 upvotes Written 31 Jul, 2014
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Rahul Reddy
Young & Reckless
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Rahul Reddy, Young & Reckless

Read only inflation, publc finance, banking . Those cover majority of prelims questions.