Economics questions cover basic concepts (national income, GDP), planning, the Union Budget, the Economic Survey and banking. A working understanding of these terms is enough.

Each topic gives the concept, key points, a worked example and two practice MCQs.

Topics covered in this guide:

1. Basic Concepts: National Income, GDP and GNP · 2. Five Year Plans and Planning in India · 3. The Union Budget of India · 4. The Economic Survey · 5. Banking and the Reserve Bank of India