ESTIMATION OF NATION ITS IMPORTANCE IN INDIA
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ESTIMATION OF NATION ITS IMPORTANCE IN INDIA

Economics For UPSC

Instructed by Kumar Ujjwal
Validity: 120 days
Free


Published    09-Jan-2017      Bilingual

Economics is one of the optional subject of UPSC mains examination and It includes Advanced Microeconomics, Advanced Macroeconomics, Money - Banking and Finance, International Economics and Growth and Development in Part-I. For Part-II we have Indian Economy in Pre-Independence Era and Indian Economy after Independence. Abhinav Sir has been teaching the same since many years and has many students crack the exam. He always starts from the beginning to make your concepts clear. He is a fantastic teacher with excellent teaching skills. You will learn exceptionally under his guidance. He picks the current issues and relates it to the chapters of economics. His one lecture make you full of knowledge and based on this erudition you can achieve many goals of your life. He will prepare you for the current topics as well.

Section 1: ESTIMATION OF NATION: ITS IMPORTANCE IN INDIA ()
Lecture 1 Estimation of Nation: Its Importance in India (Before starting the topic you will understand the terms such as National Income, Its proper explanation, Gross Net in terms of national year, Market Price and Factor cost, Difference between Market Price and Factor cost and their formula with some examples further you will learn about Gross Domestic Production and Gross National Product. Conversion of GDP to GNP and a lot more things. Apart from the topic you will also learn brief about Demonetization. This lecture is for both Hindi and English Medium Student preparing for Civil Services. About Demonetization:Demonetization is a bold step taken by our honorable Prime Minister Narendra Damodardas Modi on 8/Nov/2016. This step has been taken to stop the hoarding of the black money holders.India has done this before. In 1946, all 1,000 and 10,000 rupee notes were recalled. In 1978, 1,000, 5,000, and 10,000 rupee notes were demonetized.This recent bout of demonetization was planned in secret by a small, tight-knit group led by Prime Minister Modi, and it overtook the country like a flash flood. This surprise was by design, as it was feared that if the black market caught wind of what the government was planning they would find ways to rapidly unload their illicit cash, and the initiative would flop on one of its initially-stated goals.)

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