11-Days Study Plan: Indian Economy | General Awareness - Bank Exams PDF Download

Introduction

• Indian Economy is a fundamental chapter that explores the various aspects shaping the economic landscape of the country.
• This study plan is carefully designed to help students gain a deep and comprehensive understanding through a mix of reading materials, videos, and tests.
• By following this plan, students will build conceptual clarity and analytical skills essential for mastering the chapter.
• The use of diverse, curated resources encourages active learning and long-term retention.

Chapter Overview

• Economic Growth and Development
• National Income
• Planning in India
• Agriculture and Agricultural Finance
• Poverty and Unemployment
• Rural Development Programmes
• Industry and Trade
• IMF, World Bank, and Foreign Capital
• Banking Sector and Fiscal Policy
• Demonetisation and Legal Effects
• Labour Reforms and Insurance in India
• Demographic Trends and Dividend
• Finance Commission and National Investment Funds

Study Plan

Day 1: Introduction to Economy and Growth

• Read Types of Economies to understand different economic systems.
• Study Economic Growth & Development: Economics for core concepts.
• Watch the video The Five Year Plans: Planning in India to see practical applications in Indian context.

Day 2: National Income and Planning

• Read the document National Income: Economics.
• Study Planning in India for institutional frameworks.
• Watch Role of Planning Commission to understand planning bodies.

Day 3: Agriculture and New Strategies

• Read New Strategy: Agriculture for recent developments.
• Study Agricultural Finance for economic support systems.
• Watch Growth of Agriculture: New Strategy for visualization.

Day 4: Poverty, Unemployment and Social Issues

• Read Poverty & Unemployment for in-depth knowledge.
• Watch Poverty & Unemployment- 1 and Poverty & Unemployment- 2 for extended understanding.

Day 5: Rural Development Programmes

• Read Rural Development Programme - 1 and Rural Development Programme - 2.
• Make detailed notes summarizing different schemes and their impact.

Day 6: Industry and Trade

• Study Industry & Trade- 1 and Industry & Trade- 2.
• Attempt the Test: Economic & Social - 1 to evaluate understanding.

Day 7: International Finance and Aid

• Read IMF & World Bank and Foreign Capital and Aid.
• Watch IMF and World Bank and Foreign Investment: Foreign Capital & Aid.

Day 8: Banking Sector and Fiscal Policy

• Watch Banking System: Economics to understand banking fundamentals.
• Read Fiscal Policy: Economics.
• Attempt MCQ Test: Banking Sector Reforms- 1 and MCQ Test: Banking Sector Reforms- 2.

Day 9: Recent Economic Developments and Legal Aspects

• Read The Legal Effects of Demonetisation.
• Watch Role of RBI.
• Review Summary: Economic Survey 2023-24 for current insights.

Day 10: Labour Reforms, Insurance, and Demographics

• Watch Labour Reforms in India and Insurance in India -1.
• Watch Demographic Trends in India and Demographic Dividend.
• Read Finance Commission for fiscal federalism understanding.

Day 11: Revision and Practice

• Review all notes taken during previous days and highlight key areas for improvement.
• Revisit important videos such as The Five Year Plans: Planning in India and Role of RBI.
• Clear doubts using the Cheat Sheet: Introduction to Economics.
• Take the Test: Economic & Social - 1 as a mock test to assess overall readiness.

Important Links

• Economic Growth & Development: Economics
• National Income: Economics
• Planning in India
• The Five Year Plans: Planning in India
• New Strategy: Agriculture
• Role of RBI
• Test: Economic & Social - 1
• Cheat Sheet: Introduction to Economics