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How to Cover Economy for UPPSC Prelims 2025

A comprehensive guide to effectively cover Indian Economy for UPPSC Prelims 2025, with focus on key sectors, recent developments, and essential economic concepts for better exam preparation.
authorImageGoldi Tomar13 Mar, 2025
How to Cover Economy for UPPSC Prelims 2025

How to Cover Economy for UPPSC Prelims 2025: In the General Studies section of the UPPCS Prelims Exam, Economics is an important subject, covering a broad range of topics related to India's economic framework. Candidates are expected to stay updated on recent developments and trends in key sectors such as agriculture, trade, business, and transportation. 

This includes knowledge about government policies, economic reforms, and indicators of growth. A well-rounded understanding of these areas is crucial for success, as questions often test candidates' awareness of both current economic conditions and historical economic patterns.

MPPSC Syllabus

How to Cover Economy for UPPSC Prelims 2025

In order to prepare well for the UPPSC Prelims 2025 economy section, concentrate on comprehending important ideas such as budgeting, inflation, growth indicators, and economic policies. Use NCERT textbooks as a starting point, and add current events, official documents, and economic analyses as needed. Practice answering past year's questions on a regular basis to become more comfortable with the format of the test and to increase your accuracy and speed. You can strengthen your understanding of the topic by reviewing key economic words and data.

Economy for UPPSC Prelims 2025: Key Topics to Cover

Exceptional students, teachers, and UPPCS coaching experts have come together to prepare the Economics Notes for UPPCS to ensure that exam-relevant material is given to students so that candidates for the UPPCS should utilize these notes on Economics and revise them repeatedly to make their preparation easy and effective. Some of the important topics which should be studied thoroughly for the UPPCS exam are given below:

Important Topics in Economics for UPPSC Prelims 2025

Chapter

Important Topics

Basic Concepts

  • Factors of Production

  • National Income

  • GDP, GNP, NDP, & NNP

  • Personal Income

  • Overview of Indian Economy

  • India’s New GDP Series

Inflation

  • Definition

  • Measurement (WPI, CPI, Deflator)

  • Types and Causes

Fiscal Policy

  • Budget and Vote on Account

  • Cut Motions (Policy, Economy, Token)

  • Tax Expenditure

  • Fiscal and Current Account Deficits

  • Government Budgeting

  • FRBM Act

  • Taxation

  • GST

  • UBI

Monetary Policy

  • Monetary Policy in India

  • Money Supply

  • Expansionary vs Contractionary Policy

  • REPO

  • Reverse REPO

  • CRR, SLR, MSF, & CRAR

  • Rupee Devaluation

  • UPI

Planning and Federalism

  • Issues Related to Planning

  • Investment Models

  • Mobilization of Resources

  • Growth

  • Development

  • Employment

  • 12th Five Year Plan

  • 15th Finance Commission

  • NITI Aayog

Growth and Development

  • Poverty

  • Human Capital

  • National Education Policy 2020

  • SHGs

  • NGOs

  • Economic Growth vs Development

  • Human Development Index

  • Green GDP

  • Gross National Happiness Index

  • MDGs & SDGs

Indian Economy – Sectors

Primary (Agriculture) Sector

  • Food Processing

  • PDS

  • Land Reforms

  • Agricultural Marketing

  • MSP

Cropping Patterns Secondary (Industrial) Sector

  • IIP

  • Make In India

  • Companies Act

MSME Tertiary (Service) Sector:

  • NIIF

  • Bankruptcy Code

  • Banking

  • Development Finance

  • Bank Reforms

  • Non-Performing Assets

  • Financial Inclusion

  • Employment Linked Incentive and Model Skill Loan Scheme.

Foreign Trade

  • Balance of Payments

  • Free Trade Agreements

  • Masala Bonds

  • FDI

  • Infrastructure (Energy, Roads, Ports, Airports, Railways)

Financial Market

  • Speculation

  • Hedging

  • Arbitrage

  • Investment

  • Money Market

  • Capital Market

  • SEBI

World Economy

  • WTO

  • Trade Facilitation Agreement

  • Fiscal Cliff

  • Fiscal Drag

  • Bitcoin

  • NFTs

  • Cryptocurrency

  • Ease of Doing Business

  • Budget and Economic Survey

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Why is Economics an Important Subject for the UPPCS Exam?

  • The foundation of any country's growth and development is its economy. If you want to work as a bureaucrat, you must have a solid understanding of how Indian economy operates.

  • The UPPCS commonly asks questions in economics, which are crucial for the Main, Interview, and Preliminary tests.

  • Indian Economics is also discussed in the General Studies Paper for the Prelims, with an emphasis on freshly introduced programs and budget allocation.

  • Because economics is so heavily impacted by current events, it is the most dynamic and diverse subject. This means keeping up with current affairs on a regular basis. 

Important Tips For UPPSC Economy Preparation

The following easy strategies will help you successfully get ready for the crucial economics themes of the UPPSC preliminary exam in 2025:

  1. To develop a solid foundational understanding of fundamental economic ideas, begin with NCERT textbooks and standard UPPSC materials from classes IX through XII.

  2. Stay up to date with current events. Events and policies in the economy are quite dynamic. To stay up to date with the most recent changes, it is essential to regularly read newspapers and economic journals.

  3. You might gain a better understanding of the questions and their structure by looking through previous year's question papers.

  4. The UPPSC Test series by PW offers practice answering questions under time pressure and aids in regular revision to cover the economy's key topics for the UPPSC Prelims 2025.

  5. Talking with mentors and other candidates can help to clear up confusion and improve comprehension.

FAQ

What are the key topics to focus on for Economy in the UPPSC Prelims?

Key topics include national income, economic planning, inflation, public finance, monetary and fiscal policies, economic reforms, and agriculture and industrial development. Current economic issues and government schemes are also crucial.

Which books should I refer to for economic preparation?

For a solid foundation, refer to NCERT books (Class 9-12) for Economics. Additionally, books like "Indian Economy" by Ramesh Singh and "Economic Survey" and "Budget" for current affairs are highly recommended.

How do I stay updated on current economic issues?

Regularly follow newspapers like The Hindu or The Economic Times, and read the Economic Survey and Union Budget. Keep track of important government policies and schemes related to the economy.

Should I focus on economic statistics for UPPSC Prelims?

Yes, understanding key economic statistics like GDP, inflation rates, poverty levels, and employment data is important. Practice interpreting data from reports like the Economic Survey and various government publications.

How can I effectively revise the Economy for the UPPSC Prelims?

Revise by making concise notes and using mind maps to link important concepts. Focus on current affairs, practice previous year’s questions, and take mock tests to enhance your understanding and exam readiness.
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