RAS RAS PCS Pre 2014

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
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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

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    David Ricardo. It is a very important branch of economics because of the foundation it provides for practical 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
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    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 casual workers engaged in non-agricultural activities constitute the bulk of 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?

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    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.

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    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

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    and Combined (Rural +Urban) on base 2010 ( January to December)=100 taking all segments 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 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

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    needed?

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