RAS RAS PCS Paper I

Ancient History

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Indus Valley Civilization

  • Discovered in 1921
  • Belonged to the bronze age
  • An area of about 1.3 mn sq km
  • Existed between 3300-1600 BC in three phases: early, mature
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    and late phases
  • Sites

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services sector

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Probable questions:

  1. What is the contribution of services sector to India’s economy?
  2. Do you think India is over-tertiarised?

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Public Economics

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Public Economics

Study of economic efficiency, distribution and government economic policy.

Developed out of the original political economy of JS Mill and David Ricardo. It is a very important branch of economics because of the foundation it provides for practical

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policy analysis.

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POVERTY

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  • Following elements mainly affect the magnitude of the poverty ration
    • The nutrition norm in the base year
    • Price deflator used to update the poverty line
    • Pro rata adjustment in the number of households in different expenditure classes to determine the number of households below and above poverty line.
  • Agricultural wage earners, small and marginal farmers and
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    casual workers engaged in non-agricultural activities constitute the bulk of
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    the rural poor

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Planning in India

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Planning in India

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Subsidies or Cash Transfers?

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Subsidies or Cash Transfers?

Read

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moreSubsidies or Cash Transfers?

Economy Notes

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Contents

India under the British Rule. 2

Inflation in India. 6

Monetary Policy of India. 6

Money Market. 13

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CPI

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The Central Statistics Office (CSO) of the Ministry of Statistics & Programme Implementation announced that the new series of Consumer Price Index(CPI)  numbers for Rural, Urban and Combined (Rural +Urban) on base 2010 ( January to December)=100 taking all segments

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of rural and urban population for the month of January, 2011 will be released by the  Central Statistics Office for the States/UTs and all- India on 18th February, 2011.These indices will be available for five major groups namely Food, beverages and tobacco; Fuel and light; Housing; Clothing, bedding and footwear, and Miscellaneous.

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Micro, Small and Medium enterprises

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Importance of micro, small and medium enterprises

  • Apart from playing a significant role in meeting national objectives of balanced growth, poverty alleviation and equity promotion, serve as
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nurseries for corporate enterprises of future.

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Land reforms

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  • In rural India, land is the single most important productive asset owned by the people

Why are land reforms needed?

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