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Economics Questions - UPSC Prelims - 1995 & 1996 past paper analysed Video Lecture | UPSC Prelims Previous Year Paper Discussions (Hindi)

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FAQs on Economics Questions - UPSC Prelims - 1995 & 1996 past paper analysed Video Lecture - UPSC Prelims Previous Year Paper Discussions (Hindi)

1. What is the significance of the UPSC Prelims exam in the field of economics?
Ans. The UPSC Prelims exam is a highly competitive exam conducted by the Union Public Service Commission (UPSC) in India. It serves as the first stage of the Civil Services Examination, which is the gateway to prestigious government positions. In the field of economics, clearing the UPSC Prelims exam is important for aspiring candidates who wish to pursue a career in public administration or policymaking related to economics.
2. Can you provide an overview of the UPSC Prelims exam pattern for economics?
Ans. The UPSC Prelims exam for economics consists of two objective type papers: General Studies Paper I and General Studies Paper II (Civil Services Aptitude Test). General Studies Paper I covers various subjects including economics, while General Studies Paper II tests candidates' aptitude and comprehension skills. Both papers are conducted on the same day and candidates must qualify in both to proceed to the next stage of the exam.
3. What are the key topics in economics that candidates should focus on for the UPSC Prelims exam?
Ans. Candidates preparing for the UPSC Prelims exam in economics should focus on key topics such as microeconomics, macroeconomics, Indian economy, public finance, monetary policy, fiscal policy, international trade, economic development, and current affairs related to economics. Understanding basic economic concepts and their application in the Indian context is crucial for success in this exam.
4. Are there any specific resources or study materials recommended for the UPSC Prelims exam in economics?
Ans. There are several resources and study materials available for candidates preparing for the UPSC Prelims exam in economics. Some recommended resources include NCERT textbooks on economics, standard reference books like Indian Economy by Ramesh Singh, Economic Survey of India, Budget documents, newspapers for current affairs, and online platforms offering mock tests and study materials specifically designed for the UPSC exam.
5. How can candidates effectively manage their time and prepare for the UPSC Prelims exam in economics?
Ans. Time management is crucial for effective preparation for the UPSC Prelims exam in economics. Candidates should create a study schedule that allocates sufficient time for each topic and subject. Regular revision, solving previous years' question papers, and taking mock tests can help candidates assess their knowledge and identify areas that require further attention. Additionally, staying updated with current economic affairs through newspapers, magazines, and online sources is essential for answering current affairs-based questions in the exam.
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