MPSC Economics: Detailed Study Plan
1. Economic Indicators & National Income
- Concepts of GDP, GVA, and Per Capita Income.
- Inflation: CPI, WPI, and impact on the economy.
- Sustainable Development Goals (SDGs) 2030.
2. Money, Banking & Financial Markets
- RBI: Functions, Quantitative and Qualitative tools of Credit Control.
- Capital Market: SEBI, Stock Exchanges, and Mutual Funds.
- External Sector: Balance of Payments (BoP), FDI, and Exchange Rate management.
3. Public Finance & Taxation
- FRBM Act: Significance and Targets.
- Direct and Indirect Taxes: The GST Regime and its impact.
- Public Expenditure: Classification and Trends in India.
4. Agriculture & Food Security
- High Priority: Land Reforms, Agricultural Marketing, and MSP (Minimum Support Price).
- Food Security: Public Distribution System (PDS) and National Food Security Act.