View 306 Notes (Detailed) on IEcoS (Economic Services) Indian Economics ( 83 hrs)
Overall Progress%
Total: 306
Goal: Increase green bar
History of Development and Planning ( 4 hrs)
16 Notes
Alternative Development Strategies2
- 12
- Economic Development
- Economic Development and Sustainable Development: Different Views on Economic Development, Definition of Economic Development, Sustainable Development
Goal of Self Reliance Based on Import Substitution and Protection1
Post 1991 Globalisation Strategies Based on Stabilization3
- 11
- Globalization in Indian Economy
- 21
- Post 1991 Globalisation Strategies Based on Stabilization
- 31
- Policy Environment: Globalization, Objectives, Impact and Advantages
Fiscal Reforms8
- 12
- Financial Relations between Union and States
- FRBM
- 21
- Financial Relations between Union and States: Federalism and Fiscal Federalism in India
- 32
- FRBM Act, 2004
- General Equilibrium
- 41
- Policy Frameworks for Macroeconomic Stability
- 52
- Role of Monetary and Fiscal Policies
- Monetary and Fiscal Policy: Stabilization, Coordination and Limitations
Financial Sector Reforms and Trade Reforms2
Federal Finance ( 1.5 hrs)
6 Notes
Constitutional Provisions Relating to Fiscal and Financial Powers of the States2
- 11
- Constitutional Provisions Relating to Fiscal and Financial Powers of the States in India
- 21
- Recent Reforms and Challenges in Federal Finance
Finance Commissions and Their Formulae for Sharing Taxes1
Financial Aspect of Sarkaria Commission Report2
Financial Aspects of 73Rd and 74Th Constitutional Amendments1
Poverty, Unemployment and Human Development ( 5.5 hrs)
17 Notes
Estimates of Inequality and Poverty Measures for India1
Appraisal of Government Measures1
India's Population Policy and Development15
- 12
- Coase Theorem
- Malthus Theory of Population: Central Theme of the Essay
- 22
- Optimum Theory of Population: Basis of the Theory, Explanation of the Theory Using a Figure
- Demographic Transition Theory: Different Stages of the Theory
- 32
- Vital Rates: Various Vital Rates
- Life Table: Concepts of Demography, Steps for Constructing Life Table, Separation Factor
- 41
- Policies for Controlling Environmental Pollution: Nature of Environmental Problems in India, Various Environmental Legislations in India
- 51
- Causes of Environmental Degradation: Types of Environmental Degradation, Causes of Environmental Degradation, Conclusion
- 61
- Valuation of Environmental Goods: Market Prices, Shadow Prices, Hedonic Pricing Method, Dose Response Method, Travel Cost Method
- 72
- Demographic Dividend (New 2019): Definition of Demographic Dividend, Context of Demographic Dividend, Advantages Associated with Demographic Dividend, Challenges Associated with Demographic Dividend
- Demographic Dividend (New 2019): Way Forward
- 83
- Population Pyramids: Population Pyramids and Demographic Transition
- Population Pyramids: India and China Population Pyramid
- Fertility
- 91
- Mortality
Agriculture and Rural Development Strategies ( 5 hrs)
20 Notes
Technologies and Institutions3
- 11
- What is Investment Criteria & Its Types
- 22
- Investment Criteria: Marginal Growth Contribution Criteria or Otto-Eckenstein Criteria
- Investment Criteria: Time Series Criteria or Sen Dobb Criteria, Criteria for Special Purposes
Land Relations and Land Reforms2
Modern Farm Inputs and Marketing4
- 11
- Modern Farm Inputs
- 21
- Agricultural Marketing: Features, Need and Cost
- 31
- Agricultural Marketing: Classification of Agricultural Markets in India
- 41
- Agriculture and Rural Development Strategies: Agricultural Marketing
Price Policy and Subsidies3
- 11
- Agricultural Pricing and Public Distribution System
- 21
- New Agricultural Policy
- 31
- Agricultural Schemes
Commercialization and Diversification3
- 11
- Agricultural Diversification
- 21
- Commercialization of Agriculture
- 31
- Commercialization of Agriculture
Economic and Social Infrastructure and New Rural Employment Guarantee Scheme5
India's Experience with Urbanisation and Migration ( 0.5 hrs)
1 Notes
Migratory Flows and Impact on the Economies of Their Origin and Destination1
Industry ( 11.5 hrs)
45 Notes
Strategy of Industrial Development3
- 12
- Industrial Policy, 1991
- Policy on Research and Development, Patent Laws and Technology Transfer
- 21
- The Evolution and Pattern of Industrialization
Industrial Policy Reforms3
- 12
- Strategy of Industrialization
- Industrial Policy and Implementation: Objectives, Industrial Policy Before 1991, the Industrial Policy Resolution, 1948, Industrial (Development and Regulation) Act, 1951, Industrial Policy Resolution, 1956, Industrial Policy Statement, 1973, Industrial Policy Statement, 1977, Industrial Policy, 1980 New Industrial Policy, 1991
- 21
- Industrial Policy
Reservation Policy Relating to Small Scale Industries4
- 11
- Reservation Policy of Small-Scale Industries
- 22
- Small Scale and Cottage Industries
- Theories of Industrial Location and the Indian Experience
- 31
- Modern Location Factors in a Globalized World
Competition Policy3
- 12
- Competition Policy: Objectives, Monopolistic and Restrictive Trade Practices Act, Objective of MRTP Act, MTP, Restrictive Trade Practices, Monopolistic and Restrictive Trade Practices Act, 1969
- Measurement of Industrial Productivity
- 21
- Industrial Productivity: Challenges and Trends
Sources of Industrial Finances25
- 11
- Sources of Industrial Finances – Share Market: Challenges and Considerations, Case Study Examples, Understanding Share Market Dynamics, Historical Perspective, Comparative Analysis, Interactive Learning Activities, Industry-Specific Case Studies, Future Outlook
- 21
- Sources of Industrial Finances – Share Market: Continuous Learning Resources
- 31
- Foreign Capital for Direct Investment and Portfolio Investment: Foreign Direct Investment (FDI), Foreign Portfolio Investment (FPI)
- 41
- Foreign Capital for Direct Investment and Portfolio Investment: Risks Associated and Comparative Analysis of FDI and Foreign Portfolio Investment (FPI)
- 52
- Foreign Capital for Direct Investment and Portfolio Investment: Government Regulation and Shifting Attitudes, Impact of Globalization on Foreign Capital and Industrial Development
- Foreign Capital for Direct Investment and Portfolio Investment: Benefits and Risks of Foreign Capital, India՚s Integration with the International Economy
- 62
- ICICI: Group Companies of ICICI
- Foreign Portfolio Investment
- 71
- Types of Banks and Functions: Functions of Commercial Banks
- 82
- Foreign Direct Investment and Multinational Corporations - MNC, LDC, Joint Ventures, Meaning of Foreign Direct Investment, Benefits of Foreign Direct Investment, Harms of Foreign Direct Investment, MNCs: Introduction, Benefits of MNCs
- Foreign Direct Investment and Multinational Corporations - MNC, LDC, Joint Ventures: Harms of MNCs, Less Developed Countries, Joint Ventures: Introduction, Advantages of Joint Venture, Disadvantages of Joint Venture
- 92
- Monetary System: Types of Monetary System: Contractionary Monetary Policy
- Regulatory Authority – IRDAI and Its Role
- 101
- Mutual Funds
- 112
- Pension Funds
- Risk Classification
- 121
- Risk Management
- 131
- Factors Limiting the Insurability of Risk
- 141
- Reinsurance
- 151
- Regulatory Authority: IRDA and Its Role
- 161
- Multinational Corporations
- 171
- Foreign Collaborations & Indian Business
- 181
- Insurance and Its Types: Premium, Policy Limit, Deductible, Types, Two Types of Life Insurance, Benefits
- 191
- Trends in Industrial Productivity: The Great Indian Debate
- 201
- Ecosystem of Industrial Finance in India: A Paradigm Shift
Public Sector Reform3
- 12
- Public Sector Reform: Key Components, Case Studies, Challenges, Future Trends and Innovations
- Public Sector Reform: Role of Foreign Capital in Public Sector Reforms
- 21
- Industrial Labour: Policies and Reforms in India
Privatization and Disinvestments4
Labour ( 22 hrs)
67 Notes
Employment, Unemployment and under-Employment11
- 11
- Employment, Unemployment and under-Employment
- 21
- Employment, Unemployment and under-Employment: Impacts and Policy Responses
- 31
- Employment, Unemployment and under-Employment: Exploration of Employment, Unemployment, and Underemployment Dynamics
- 41
- Unemployment and under Employment
- 52
- Unemployment: Framework
- Types of Unemployment
- 62
- Measurement of Unemployment
- Cause and Effects of Unemployment
- 72
- Unemployment in India: Recent Data and Trends
- Government Schemes for Employment
- 81
- Unemployment in India: Schemes and International Cooperations
Industrial Relations and Labour Welfare37
- 11
- Collective Bargaining: Concept, Meaning, Nature of Collective Bargaining, Collective Bargaining Process- (PDPBS)
- 21
- Collective Bargaining: Behavioral Theory of Labor Negotiations, Chamberlain and Kuhn Theory, Level of Collecting Bargaining
- 31
- Industrial Dispute Conflict and Cooperation
- 41
- Worker՚s Participation in Management
- 51
- Collective Bargaining
- 61
- Grievance Handling: Features, Sources and Procedure
- 71
- Industrial Health and Hygiene
- 81
- Industrial Relation- Concept
- 91
- Agencies of Labour Welfare in India
- 101
- Theories of Labour Welfare in India
- 112
- Industrial Relations: Scope
- Industrial Relations: Approaches
- 121
- Code of Discipline or Conduct
- 131
- Tripartite Bodies
- 141
- Industrial Relations and the New Economic Reforms
- 151
- Labour Welfare: Definition, Concept & Scope
- 162
- Scope and Classification of Labour Welfare
- Statutory and Non-Statutory Labour Welfare
- 171
- Intra-Mural and Extra - Mural Welfare
- 181
- Industrial Conflict: Cause, Source, Forms
- 191
- Industrial Conflict: Machinery for Conflict Resolution, Impact and Consequences
- 201
- Cooperation of Parties
- 211
- Bi-Partitism and Its Characteristics
- 221
- Tripartitism: Constituent Parties and Government
- 231
- Bi-Partitism in HRM
- 241
- Industrial Relations: Evolution
- 252
- Impact of Globalization and Technology
- Industrial Relations: Actors and Models
- 261
- The Models (Approaches) of Industrial Relations
- 271
- Bi-Partitism: Philosophy, Principles and Mechanism
- 281
- Tri-Partitism: Principles, Pillars, Evaluation
- 291
- Employers Organization
- 301
- Types of Labour Welfare
- 311
- Industrial Accidents & Safety
- 321
- Occupational Diseases
- 331
- Legislative Framework, Ergonomics, Diagnosis and Compensation
- 341
- Problems of Industrial Labour in India
Strategies for Employment Generation15
- 11
- Urban Labour Market and Informal Sector Employment
- 21
- Report of National Commission on Labour
- 33
- Fixation of Wages: Collective Bargaining, Statutory Wage Fixation, Pay Commissions
- State Regulation of Wages, Fundamental Rights, Principles of Labor Legislation
- Importance of Compensation, Some of the Terms Which Are Very Important for Exam
- 42
- Types of Wage Differentials
- Social Wage Theories, Wage Control Theories, Justification Theories, Micro Theories
- 51
- Characteristics of the Indian Labour Market
- 61
- Types of Labour Market
- 71
- Problems of Labour in India
- 81
- Features of Labour Market and Wages
- 91
- Demand and Supply of Labour
- 101
- Nature and Composition of Indian Labour Force
- 111
- New Dynamics of Labour Market in India
- 121
- Economic Systems and Labour Market
Child Labour, Bonded Labour, International Labour Standards4
Foreign Trade ( 9.5 hrs)
42 Notes
Salient Features of India's Foreign Trade5
- 12
- India Foreign Trade Policy
- Exim Policy of India: Objectives of EXIM Policy, Important Elements of the New EXIM Policy of India for 2015 - 20
- 22
- Exim Bank: Capital, Management, Functions, Financial Products
- EXIM Policy: Objectives, Incentives & Role
- 31
- Foreign Trade Policy and Economic Development
Composition2
- 12
- Composition and Direction: Notable Points on Composition & Direction of India՚s Foreign Trade
- Terms of Trade
Direction and Organization of Trade4
- 12
- Trade Agreement
- Regulation and Promotion: History of Acts for the Regulation & Promotion of Foreign Trade in India, Organizational Setup for the Regulation and Promotion of Foreign Trade in India, Schemes & Benefits for Promotion Foreign Trade in India
- 22
- Foreign Trade: Meaning & Definitions of Foreign Trade, Types of Foreign Trade, Need for Foreign Trade
- Foreign Trade: Advantages of Foreign Trade, Disadvantages of Foreign Trade
Recent Changes in Trade Policy2
Balance of Payments11
- 13
- Balance of Payments
- Balance of Payments – Approaches
- International Trade
- 22
- Consumer՚s Equilibrium: Corner Solutions
- Heckscher Ohlin Theory: Theories of International Trade, Assumptions of the Model, Explanation of the Model
- 32
- Adjustment Mechanisms
- Adam Smith Absolute Advantage Theory
- 42
- Ricardo Theory of Comparative Advantage: Assumptions, Explanation of the Theory
- Theory of Reciprocal Demand: Assumptions of the Theory, Explanation of the Theory
- 52
- Composition: Components of Current Account
- Composition: Components of Capital Account, Autonomous and Accommodating Transactions
Tariff Policy1
Exchange Rate11
- 12
- Exchange Rate: Foreign Exchange, Exchange Rate, Nominal vs Real Exchange Rate, Types of Exchange Rate System, Factors Affecting Exchange Rate
- Mechanism and Risk Management Mechanisms of Foreign Exchange Market, Different Types of Foreign Exchange Risk and Their Management
- 21
- Foreign Exchange
- 31
- Derivatives: Introduction to Derivatives, Types of Foreign Derivatives, Advantages & Disadvantages of Using Derivates
- 42
- Futures
- Foreign Exchange: Issues, Perceptions, Types and Tools
- 52
- Current Account
- Capital Account
- 62
- Financial Account
- Transfer of International Payments
- 71
- Convertibility of Rupee
India and WTO Requirements6
- 12
- International Monetary Fund: Organisation of IMF, Special Drawing Rights
- World Bank: Objectives, Organisation, Affiliates for Associate Institutions of World Bank, Functions
- 22
- The General Agreement on Tariffs and Trade (GATT): Objectives, Various Conferences, Uruguay Round, Dunkel Draft, Defects of GATT
- WTO: Organisational Structure of WTO, Functions of WTO
- 31
- WTO Regime and Environment, Understanding the WTO, Environment on the WTO Schema, the WTO-Environment Debate, Introduction, WTO՚s Environmental Impact over-Rated: Proponents Maintain
- 41
- India and WTO: WTO Agreements and India, Benefits & Harms to India as a Member of WTO
Money and Banking ( 14 hrs)
62 Notes
Financial Sector Reforms11
- 12
- Non-Performing Assets
- Monetary Policy Instruments and Working
- 23
- Banking Sector Reforms in India: Background of Banking Sector in India
- NPA: Asset Classification, Income Recognition, Provisioning Norms
- Capital Adequacy Norms: The Process Has Four Key Principles
- 32
- E-Banking: Core Bank Components Include, Several E-Banking Services
- Financial Sector Reforms
- 41
- Digital Banking
- 51
- Financial Sector Reforms
- 61
- Monetary Policy & Its Instruments
- 71
- Monetary Policy: Meaning, Definition, Objectives & Types
Organisation of India's Money Market5
- 12
- Concept of Money Supply
- Commercial Banking: Functions of Commercial Banks, Banking System, Types of Commercial Banks,
- 22
- Components of Money Supply: Measures of Money Supply
- Importance of Banking of Business: Small Banks vs. Large Banks, Universal Banking, Presence of Foreign Banks in India, Government Ownership
- 31
- Banking and Financial Institutions
Changing Roles of the Reserve Bank of India3
- 11
- Central Banks: Functions and Relation to Treasury
- 22
- Reserve Bank of India: Functions of RBI, Objectives of RBI
- Reserve Bank of India (RBI)
Commercial Banks4
- 11
- Central Bank: Functions of Central Bank
- 21
- Monetary System: Development Finance Institutions, Non-Banking Financial Institutions, Securities
- 32
- Overview of Indian Financial System
- Indian Financial System: Components of Indian Financial System
Development Finance Institutions16
- 12
- Concept of Development Banking: Definitions, Features
- Origin and Growth of Development Banks
- 22
- Functions of Development Banks
- Operational Activities of Development Banks
- 33
- Structure of Development Banks
- IFCI: Subsidiaries of IFCI
- IFCI Contribution to Economic Development
- 42
- IDBI: Functions of IDBI
- IRBI: Product and Services Offered by IIBI
- 53
- UTI
- SIDBI: Financial Resources of SIDBI, Functions of SIDBI, Working of SIDBI
- SFC: State Financial Corporation, Weakness of SFC
- 64
- SIDC: State Industrial Development Corporation, Need of SIDC
- Council of State Industrial Development and Investment Corporation of India (COSIDICI)
- Other Development Banks
- Development Banking: IDBI, IFCI, SFC՚s, UTI, and SIDBI, Financing Activities
Foreign Banks and Non-Banking Financial Institutions5
- 11
- Foreign Banks: Money and Banking: Roles and Functions
- 22
- Foreign Banks: Money and Banking: Challenges and Risks
- Non Banking Financial Company (NBFCS)
- 32
- Non – Banking Financial Companies (NBFCs)
- Regional Rural Banks and Cooperative Banks
Indian Capital Market and SEBI4
- 12
- Capital Market and Its Regulation: Speed up Economic Growth and Development, Regulation of Capital Market: Role of SEBI
- Basel Norms: Important Terminologies of the BASEL Norms
- 21
- Meaning of Risk & Risk Management, a General Approach to Risk Management, Types of Risks in Banks and Their Management
- 31
- Regulatory Authorities: SEBI, Rating Agencies
Development in Global Financial Market and Indian Financial Sector14
- 11
- Development in Global Financial Market and Indian Financial Sector: Global Financial Market Development
- 21
- Development in Global Financial Market and Indian Financial Sector: Interplay between Global and Indian Financial Markets, Challenges and Opportunities
- 32
- Features of International Monetary System, Stages in International Monetary Standards
- Characteristics, Disadvantages & Advantages of GDR
- 42
- Characteristics, Advantages & Disadvantages of ADR
- Money Market: Meaning and Definitions of Money Market, Features of Money Market, Functions of Money Market, Structure of Money Market in India
- 51
- Capital Market: Meaning and Features of Capital Market, Functions of Capital Market, Structure of Indian Capital Market
- 61
- Government Securities Market: Features of Government Securities, Need of Government Securities Market, Advantages of Government Securities Market to Investors, Workings of Government Securities Market
- 71
- Development Finance Institutions: Meaning and Features of Development Finance Institutions, Objectives of Development Finance Institutions, Important Development Finance Institutions in India
- 82
- Financial Market
- Securities and Exchange Board of India (SEBI)
- 92
- Emerging Dimensions: GRI Etc, Introduction, Global Reporting Initiative (GRI)
- The GRI and Integrated Reporting; the Other New Initiatives
- 101
- International Financial Markets and Instrument
Inflation ( 6.5 hrs)
15 Notes
Definition, Trends, Estimates, Consequences and Remedies (Control)8
- 11
- Estimates, Consequences and Remedies (Control) of Inflation: Causes of Inflation
- 22
- Estimates, Consequences and Remedies (Control) of Inflation: Challenges in Economic Analysis, Economic Models
- Inflation: Demand Pull and Cost Push Inflation
- 32
- Types of Inflation and Stagflation
- Inflation: Erosion of Purchasing Power
- 41
- Theoretical Frameworks of Inflation
- 52
- A Synthesis of Inflationary Causes
- The Multifaceted Effects of Inflation
Wholesale Price Index6
- 12
- Wholesale Price Index: Inflation
- Factors Affecting WPI Inflation
- 22
- Index Number: (Methods of Constructing Index Number): Quantity Index
- Index Number (Basics): Concept of Index Number, Definition of Index Number
- 32
- Time Series Analysis: Introduction, Definition, Uses of Time Series Analysis, Components of Time Series, Mathematical Models of Time Series
- Time Series Analysis: Measurement of Trend, Measurement of Seasonal Variations
Consumer Price Index1
Budgeting and Fiscal Policy ( 5 hrs)
15 Notes
Tax, Expenditure, Budgetary Deficits4
- 12
- Tax Revenue and None Tax Revenue: Indian Economy: Public Revenue, Tax and None Tax Revenue, Direct Taxes
- GST in India: Formation of GST, GST Council, GST Rates
- 22
- GST in India: GSTN, HSN CODE, Types of GST- Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST), Union Territories Goods and Services Tax (UTGST)
- Public Expenditure
Pension and Fiscal Reforms3
- 12
- Pension and Fiscal Reforms
- Fiscal Policy and Pension Reforms
- 21
- Drawbacks of Pension Reforms for Fiscal Policy
Public Debt Management and Reforms1
Fiscal Responsibility and Budget Management (FRBM) Act6
- 12
- Public Budget Kinds of Budgets, Types of Budgets
- Zero Bases Budgeting, Features of Zero Base Budgeting
- 22
- Public Finance: Different Concepts of Budget Deficits, Public Finance, Revenue Deficit
- FRBM: Features of FRBM Act
- 32
- FRBM: Amendments to FRBM Act
- Budget Line