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Economics Questions - UPSC Prelims - 2011 Past Paper Analysed Video Lecture | UPSC Prelims Previous Year Paper Discussions (Hindi)

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FAQs on Economics Questions - UPSC Prelims - 2011 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 significant in the field of economics as it serves as a gateway to various prestigious government job opportunities. Clearing the Prelims exam is the first step towards a career in the civil services, where candidates can contribute to policy-making and implementation in the economic sector.
2. What is the role of economics in the UPSC Prelims exam?
Ans. Economics is an important component of the UPSC Prelims exam as it tests the candidates' understanding of various economic concepts, policies, and their implications. Questions related to national income, inflation, fiscal policy, monetary policy, international trade, and economic development are commonly asked in the exam.
3. Can you provide an overview of the UPSC Prelims exam pattern for economics?
Ans. The UPSC Prelims exam for economics consists of objective-type multiple-choice questions. The exam is divided into two papers - General Studies Paper I and General Studies Paper II. Paper I includes questions from various subjects, including economics, while Paper II focuses on aptitude and reasoning skills. Both papers are conducted on the same day.
4. How can I prepare for the economics section of the UPSC Prelims exam?
Ans. To prepare for the economics section of the UPSC Prelims exam, candidates should start by thoroughly studying the basic concepts of economics, including microeconomics and macroeconomics. They should also be familiar with current economic affairs, government policies, and international economic organizations. Solving previous years' question papers and taking mock tests can also be helpful in understanding the exam pattern and improving time management skills.
5. What are some recommended resources for studying economics for the UPSC Prelims exam?
Ans. Some recommended resources for studying economics for the UPSC Prelims exam include NCERT textbooks on economics (Class XI and XII), economic survey reports, the Indian Economy by Ramesh Singh, and newspapers like The Hindu and The Economic Times for staying updated with current economic affairs. Additionally, online platforms like UPSC websites, educational websites, and YouTube channels dedicated to UPSC preparation can provide valuable study material and lectures on economics.
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