ECONOMIC AND SOCIAL DEVELOPMENT:
In syllabus it was given as Economic and Social Development - Sustainable development, Poverty, Inclusion, Demographics, Social sector initiatives.
1. First complete NCERT books of IX, X, XI, and XII.
IX - Economics - 4 chapters
X - Understanding Economic Development - 5 chapters
XI - Indian Economic Development - 10 chapters
XII - Introductory Macroeconomics - 6 chapters
Altogether there are 25 chapters.
2. Make note of key points mentioned in the UNION BUDGET 2016-17 (all the finance/economic terms mentioned in the budget are highly important)
3. Read about Finance commission and recommendations of latest finance commission
4. Financial relations between center and state
5. There are 5 important chapters (Chapters 6,7,13,14 and 23) related to economics in India 2016 Reference Annual.
6. Follow Finance / Economy News (The Hindu / Business standard / Live Mint )
7. Read Economic survey 2015-16 Volume 2
8. Make detailed notes on Social Sector schemes announced by the government for the welfare of Women, child, Minorities, elderly, disabled, labour, poor etc
9. Sustainable development can be covered in Environmental ecology, biodiversity and climate change part of the syllabus.
10 . Demographics can be covered under Social geography
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Previous questions:
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Q.1. The terms Marginal standing facility Rate and Net Demand and time liabilities are used in relation to
a. banking operations
b. communications netwworking
c. Military strategies
d. supply and demand of agricultural products
Q.2. Disguised unemployment generally means
a. Large number of people remain unemployed
b. Alternative unemployment is unavailable
c. Marginal productivity of labour is Zero
d. Productivity of workers is low.
Q.3. To obtain full benefits of demographic dividend, what should India do?
a. Promoting skill development
b. Introducing more social security schemes
c. Reducing infant mortality rate
d. Privatization of higher education