Generally, around 15 questions come from the economy section, primarily covering current affairs such as the budget, economic survey, and various schemes. Here is a structured approach to prepare for this section:
Study Plan for Economy
Foundational Understanding:
- NCERT Class 11 Economics: Start with this to grasp basic economic concepts and definitions. Refer to the Notes section for additional terms and their definitions.
Analyze Previous Year Questions (PYQs):
- UPSC and BPSC PYQs: Especially focus on the 69th BPSC questions as they are typically long and multi-statement types. This will help you understand the pattern and complexity of questions.
- Census 2011, important data for India and Bihar
Current Affairs Focus:
- Budget: Study the central budget thoroughly. Focus on new changes, key highlights, and sectoral allocations.
- Economic Survey: Read through each chapter to note significant facts and data. Practice specific quizzes related to the budget and economic survey on the Quiz20 app.
- Bihar Budget and Economic Survey: Delve deeply into Bihar’s economic survey as it is particularly useful for mains answer writing.
- All important organisations, data related to poverty, unemployment etc
Major Economic Plans and Schemes:
- Five-Year Plans: Understand the focus and key initiatives of each plan. Typically, one question is fixed from this topic.
- NITI Aayog Recommendations: Study the recent recommendations and their implications.
- National and Bihar Schemes: Familiarize yourself with various schemes, their focus areas, timelines, budgets, sectors benefited, and the launching authority. Pay special attention to both national and Bihar-specific schemes.
Practice:
- Economy Quizzes on Quiz20 App: After studying each topic, practice economy quizzes to reinforce your knowledge and improve accuracy.
Final Steps
- Consistent Practice: Make sure to regularly practice quizzes to stay updated and test your understanding.
- Revision: Periodically review key concepts, terms, and current affairs to ensure retention.
- Deep Dive into Bihar-Specific Topics: Given the exam's focus on state-specific content, a thorough understanding of Bihar’s economic survey and budget will be highly beneficial.
By following this structured approach, you can effectively cover the economy section and be well-prepared for the civil services exams. Good luck!
