The UPSC Civil Services (Preliminary) Examination is just a week away!
Did you know that from the subject, Indian Economy alone, one can easily expect around 12-15 questions in the Prelims Examination? Further, did you know that many of these questions are framed from developments in the news over the past 12 months or so?
Let’s take an example from the 2015 UPSC Prelims paper to illustrate:
Q. A decrease in tax to GDP ratio of a country indicates which of the following?
1. Slowing economic growth rate
2. Less equitable distribution of national income
Select the correct answer using the code given below.
(a) I only
(b) 2 only
(c) Both 1 and 2
(d) Neither I nor 2
Answer: (a) 1 only
A point to note here is that a reference to the concept of tax to GDP ratio was made in the Economic Survey 2015-16, which was the same year when this question featured in the examination. In essence, one observes as to how the examiner has taken note of a development in the world of current affairs, and has skillfully linked it with the static syllabus.
There are numerous such examples which can be quoted that highlight the importance of linking current affairs, the economic survey of India, and the Union Budget to a subject like Economy for the Civil Services (Preliminary) Examination.
In this video lecture, you will quickly grasp all the important topic areas and themes in Economy from where there is a high probability of questions being asked in the UPSC Prelims examination 2018.