importance of economics
Competitive exams will have the highest number of candidates competing. So how to read the economics section, how to prepare, that
Many students are confused. Those who write this competitive exam usually have the mentality to leave this section Get ready. But this is not the right idea. Hence the awareness of what is happening financially in the world around Good marks can be achieved in the economy if it can be increased.
The General Studies / Group-1 Prelims will have up to 10 questions in the Indian Economics section. Aspects of the economy It is easier to understand in simple terms and apply properly. Large for theoretical aspects of economics in competitive exams Will not be preferred. It is enough to understand what those theoretical aspects are like in the real world.
Its effect on Group-1 Mains exams is up to 200 marks without restricting economics subjects to preliminary. The essay also cites economic issues in several contexts. Must be India, regional We need to increase our grip on economies.
The changes in the agro-industrial sectors following the economic reforms need to be understood through relevant approaches. Especially
Questions come up on industrial sector policies. Revolutionary changes in the monetary economy in the aftermath of economic reforms, and related Committees, the final results are very valuable information in terms of testing.
The independent Indian economy was controlled by the socialist philosophy that guided the economy before the economic reforms.
Need to understand the organizational structures undertaken as part of the economy. Five-year plans and various regulatory policies will fall in the form of questions.
The questionnaire designers focus mainly on the banking sector in the monetary system. Reserve Bank of India Procedures Most cases come as questions. The vocabulary contained in those policies, as well as the statistics relating to them at present, are also in the test sense
Are important.
The various reforms that have come into the tax system as an integral part of the financial system come into question in many cases. In monetary systems, The committees that made the changes and the suggestions they made came in the form of 1-2 bits per test. Hence the recommendations of the respective committees, It is better to have a full grasp of the changes that have taken place.
Payment balance and exports-imports are also important in the test. Poverty, illiteracy, in the field of socioeconomic issues Curriculum problems, unemployment, etc. should be studied from basics to current statistics. These are the importance of economics.