Economics

Introduction to Economics

Types of Economic Systems – Capitalist, Socialist and Mixed Economy

Types of Sectors and Factors of Production

GVA GDP GNP NDP GDP Deflator – Meaning, calculation & differences

National Income: Meaning & measurement; Banking & RBI: Evolution & Reserve Bank of India functions

Subsidiary of RBI & Initial Stage of Monetary Policy Part(1)

Subsidiary of RBI & Initial Stage of Monetary Policy Part (2)

MPC, Committee Objectives & Direct Instruments (CRR, SLR)

Indirect Monetary Policy Tools: RR, RRR, MSF, SDF, LAF, etc.

Open Market Operations, Sterilization, and Structure of Banks in India

Types of Banks in India: NaBFID, Payment Banks, Cooperative & RRBs

Development Banks & NPA Resolution Framework (SARFAESI, DRT/DRAT, ARC)

LCR, VRR, Basel Norms & Concept of Money (Token, Fiat Currency, Legal Tender)

Digital Banking (RTGS, NEFT, UPI, NPCI), Money Supply (M0–M4), and Inflation Basics

Inflation: Types (Stagflation, Disinflation, etc.) and Price Indices (WPI, CPI) Explained

Poverty – concepts of absolute poverty, Head Count Ratio (HCR), Poverty Gap Ratio, and measurement methods.

Poverty Committee & Unemployment Basics

Unemployment and Inequality Part(1)

Unemployment and Inequality Part(2)

Financial Markets – Money Market

Capital markets: types of shares, venture capital, and angel funds overview.

Debt Instruments (Bonds, Debentures & Types) and Financial Markets

Fiscal Policy, Budget & Budget Deficit

Deficits (Primary, Revenue & Effective Revenue Deficit) and Tax System – Direct & Indirect Taxes with Their Types

GST (GST Council, Structure & Types of GST)

Direct Taxes – PIT, CIT, MAT & DTT | FRBM Act 2003 – Fiscal Discipline Framework

Balance of Payments (BOP) – Current Account, Capital Account & FDI Basics

BOP Finished, Currency Exchange, Exchange Rate & Exchange Rate System.

Types of Currency, Dutch Disease, Nostro & Vostro Accounts, PPP etc.

Industries

Economic Institutions