ECOVISIONNAIRE MOST EXPECTED TOPICS – ECONOMICS (2022-23)

SOME DIFFERENT TYPE OF QUESTIONS

1. PICTURE BASED QUESTIONS
2. CASE STUDIES
3. ASSERTION- REASON
4. STATEMENT I AND II
5. TABLE BASED
CURRENT EVENTS TO WATCH FOR
1. COVID 19 AND ITS IMPACT
2. UKRAINE-RUSSIA WAR – CAUSING INFLATION
3. RECESSION FEARS IN THE WORLD

MACRO ECONOMICS
NATIONAL INCOME

1. TREATMENT OF VARIOUS ITEMS WHILE CALCULATING

NATIONAL/DOMESTIC INCOME
2. IF RISE IN GNP IS THE INDICATOR OF RISE IN WELFARE?
3. NUMERICAL ON OUTPUT/INCOME/EXPENDITURE
METHODS
4. REAL v/s NOMINAL INCOME
5. CLASSIFY QUESTIONS-
a. STOCK AND FLOW
b. INTERMEDIATE AND FINAL GOODS
6. PRECAUTIONS WHILE CALCULATING NATIONAL INCOME

MONEY AND BANKING

1. COMPONENTS OF MONEY SUPPLY

2. PROCESS OF CREDIT CREATION
3. FUNCTIONS OF CENTRAL BANK- MOST IMPORTANT-
CONTROLLER OF MONEY SUPPLY

THEORY OF INCOME AND EMPLOYMENT

1. EQUILIBRIUM LEVEL OF INCOME – C+I APPROACH,

SAVING- INVESTMENT APPROACH. THEORY OR
NUMERICAL
2. DERIVATION OF SAVING CURVE USING CONSUMPTION
CURVE
3. WORKING OF AN INVESTMENT MULTIPLIER-
NYUMERICAL
4. EXCESS DEMAND OR DEFICIENT DEMAND- INFLATIONARY
OR DEFLATIONARY GAP
5. MEASURES TO CONTROL EXCESS OR DEFICIENT DEMAND
– MONETARY OR FISCAL

GOVERNMENT BUDGET

1. OBJECTIVES OF GOVERNMENT BUDGET

2. CLASSIFY THE FOLLOWING AS REVENUE OR CAPITAL
RECEIPT /EXPENDITURE
3. BUDGETARY DEFICIT- REVENUE DEFICIT,FISCAL DEFICIT
AND PRIMARY DEFICIT- NUMERICAL
4. IS FISCAL DEFICIT ALWAYS INFLATIONARY?

FOREIGN EXCHANGE AND BALANCE OF PAYMENT

1. FIXED EXCHANGE RATE SYSTEM AND FLEXIBLE

EXCHANGE RATE SYSTEM-MERITS/DEMERITS
2. IMPACT OF DEPRECIATION AND APPRECIATION OF
CURRENCY
3. TREATMENT OF VARIOUS ITEMS IN THE BOP A/C
4. CURRENT ACCOUNT AND CAPITAL ACCOUNT
5. AUTONOMOUS ITEMS AND ACCOMODATING ITEMS

INDIAN ECONOMIC DEVELOPMENT

UNIT 1

1. CONDITION OF INDIAN AGRICULTURE AND INDUSTRY ON

THE EVE OF INDEPENDENCE
2. INFRASTRUCTURE DEVELOPMENT BY THE BRITISH
3. GOALS OF PLANNING PERIOD- GEMS
4. POLICY OF IMPORT SUBSTITUTION
5. ACHIEVEMENTS AND LIMITATIONS OF GREEN
REVOLUTION
6. IPR-1956
7. ARGUMENTS IN FAVOUR AND AGAINST SUBSIDIES
8. ACHIEVEMENTS OF INDUSTRIAL SECTOR DURING THE
FIRST SEVEN FIVE YEAR PLANS
9. CRITICISM OF INDIA’S INDUSTRIAL AND TRADE POLICY
10.NEED FOR ECONOMIC REFORMS
11. INDUSTRIAL, TRADE,TAX, FOREIGN EXCHANGE AND
FINANCIAL REFORMS
12. POSITIVES/ACHIEVEMENTS OF ECONOMIC REFORMS
13. CRITICAL APPRAISAL OF THE REFORM PERIOD
 14. FEATURES OF GST/DEMONETISATION

UNIT 2.
1. ROLE OF RURAL CREDIT IN THE PROCESS OF RURAL
DEVELOPMENT
2. PROBLEM OR RURAL CREDIT SYSTEM
3. PROBLEMS IN INDIAN AGRICULTURAL MARKETING
SYSTEM
4. STEPS TAKEN BY THE GOVERNMENT TO IMPROVE
AGRICULTURE MARKETING
5. EMERGING ALTERNATIVE AGRICULTURAL MARKETING
CHANNELS
6. IMPORTANCE OF AGRICULTURE DIVERSIFICATION
7. BENEFITS/LIMITATIONS OF ORGANIC FARMING
8. IMPORTANCE OF HUMAN CAPITAL FORMATION
9. SOURCES OF HUMAN CAPITAL FORMATION
10.NEED FOR GOVERNMENT INTERVENTION IN EDUCATION
AND HEALTH
11. IMPORTANCE OF EDUCATION
12. PROBLEMS OF HUMAN CAPITAL FORMATION IN INDIA
13. TABLE ANALYSIS- a. WORKER POPULATION RATIO b.
MALE-FEMALE DISTRIBUTION c. DISTRIBUTION OF
WORKFORCE BY INDUSTRY d. DISTRIBUTION IN FORMAL
AND INFORMAL SECTORS.
14. ROLE OF GOVERNMENT IN GENERATING EMPLOYMENT
15. DISGUISED AND SEASONAL UNEMPLOYMENT
16. RECENT CHANGES IN THE STRUCTURE OF WORKFORCE IN
INDIA
17. ENVIRONMENTAL CRISIS- CAUSES
18. GLOBAL WARMING AND ITS CAUSES/IMPACTS
19. REVERSAL OF SUPPLY-DEMAND RELATIONSHIP OF
ENVIRONMENTAL RESOURCES
20. CONCEPT AND STRATEGIES OF SUSTAINABLE
DEVELOPMENT

UNIT 3
1. DEVELOPMENT PATH OF CHINA
2. DEVELOPMENT PATH OF PAKISTAN
3. REASONS FOR SUCCESS OF CHINA
4. REASONS FOR SLOW GROWTH OF PAKISTAN
5. COMPARISON USING TABLES

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