Civil Services Prepby Garima Malik & Nitin Sangwan

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Economy and Development
Indian development strategy and economic reforms
Financial-sector reform mechanisms

UPSC · Prelims and Mains

Economy and Development

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Economy and Development

Economic choices and markets
National income, capital formation and economic measurement
Aggregate demand and employment
Money, banking and monetary policy
Government budgets and fiscal policy
External accounts, exchange rates and financing
Indian development strategy and economic reforms
Human development, human capital and employment
Rural finance and livelihood diversification
Infrastructure and economic connectivity
Infrastructure investment and project models
Poverty, inequality and inclusive development
Financial inclusion: access, use and protection
Securities markets and non-bank finance

← Indian development strategy and economic reforms

Financial-sector reform mechanisms

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Interest-rate deregulation expands banks’ commercial pricing decisions
Licensing reform changes entry opportunities and competitive pressure
Financial liberalisation can accompany stronger prudential supervision

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