Search for notes by fellow students, in your own course and all over the country.
Browse our notes for titles which look like what you need, you can preview any of the notes via a sample of the contents. After you're happy these are the notes you're after simply pop them into your shopping cart.
Title: economic survey
Description: Usually conducted in the month of February or late January but this time it took us around two months since the eco survey was released so we are conducting it now. Advice is that you read the entire survey as reading it is an enriching experience for you to understand the economy. There is no such holy grail in economics, and there is no one book which will solve all your queries. The answer to developing a better understanding is to read this document, therefore, the economic survey is whatever you learn in class. What happens when inflation increases? What does RBA do when inflation rises? What does the government do to curb inflation? What impact does the government's policy of spending have on inflation? How does the exchange rate impact inflation or the current account deficit?
Description: Usually conducted in the month of February or late January but this time it took us around two months since the eco survey was released so we are conducting it now. Advice is that you read the entire survey as reading it is an enriching experience for you to understand the economy. There is no such holy grail in economics, and there is no one book which will solve all your queries. The answer to developing a better understanding is to read this document, therefore, the economic survey is whatever you learn in class. What happens when inflation increases? What does RBA do when inflation rises? What does the government do to curb inflation? What impact does the government's policy of spending have on inflation? How does the exchange rate impact inflation or the current account deficit?
Document Preview
Extracts from the notes are below, to see the PDF you'll receive please use the links above
Economic Survey 2022-23 for UPSC | Chapter 1 & 2
Vision IAS
Open Session on Economic Survey
Usually conducted in the month of February or late January but this
time it took us around two months since the eco survey was released so
we are conducting it now
...
There is no such holy
grail in economics, and there is no one book which will solve all your
queries
...
What happens when inflation increases?
What does RBA do when inflation rises?
What does the government do to curb inflation?
What impact does the government's policy of spending have on
inflation?
How does the exchange rate impact inflation or the current
account deficit?
State of the Economy
The first chapter regarding the state of the economy and the economic
survey states that recovery is complete
...
Low
inflation and stable growth have put the Indian economy in good shape
to grow at a fast pace in the future
...
Over the
past year, India has recovered faster compared to other countries
...
The following are
the drivers of India's growth:
Alcohol: The chapter mainly deals with the alcohol industry
...
This conflict increased inflation, which was
creeping initially but then turned into hyperinflation, rising
beyond the tolerance limit
...
Lending to the Indian government is
attractive, despite the greater risk involved
...
This is because the American
government gives attractive returns, and the probability of default by
the Indian government is far more risky compared to the American
government
...
However, the increase in price is not proportional to the decrease in
quantity
...
The same is
happening with exports - they can become costly or cheap, depending
on various factors
...
When high inflation and rising unemployment occur
simultaneously, it can lead to a serious economic crisis
...
India's exports rely heavily on re-exports, making it vulnerable to
fluctuations in global demand
...
The COVID pandemic has led to a loss of
income and education opportunities, causing less social exposure and
potentially leading to earlier midlife crises
...
Some
commonly used ones are:
Area of a rectangle: A = l * w
Pythagorean theorem: a^2 + b^2 = c^2
Newton's second law of motion: F = m * a
Code:
Here is an example of a simple Python script:
# This program prints "Hello, world!" to the
console
print("Hello, world!")
Remember to always test your code thoroughly before using it in
production!
IMF Forecasts and Reports
The International Monetary Fund (IMF) conducts bilateral consultations
with countries and publishes reports
...
However, the global forecast for
growth has been reduced due to challenges such as those posed b y the
COVID-19 pandemic
...
It is important to
note that indicators such as retail sales, industry production, and trade
following a car are more significant than what is happening to the
global economy as a whole
...
Services have actually contracted more than
industrial output, and the recovery is more complete in other broad
sectors
...
For the full year, inflation is expected to remain above six percent
(around 6
...
While inflation
is not low, it is also not too high
...
5 percent to around 9
...
When analyzing the
recovery, we consider both aggregate growth and sector-wise growth,
as well as inflation, exchange rates, and current account deficit
...
High growth in the economy
could lead to a current account deficit
...
They rely
heavily on imports, such as crude oil, which contributes to their deficit
...
We have two main expectations for the future:
1
...
We expect adequacy of reserves
These two expectations are the next macroeconomic indicators that we
use in order to assess whether the Indian economy is doing well or not,
and whether our recovery is complete or not, including inflation beyond
the tolerance range
...
Imports also grew, but our
exports were growing faster, therefore having a positive effect on our
growth aggregate demand increase
...
Four components of
aggregate demand include:
Consumption Expenditure
Net Exports
Change in Inventory
Residential Investment
A huge burst in demand is expected due to the pent-up demand from
the pandemic, says an economist
...
Title: economic survey
Description: Usually conducted in the month of February or late January but this time it took us around two months since the eco survey was released so we are conducting it now. Advice is that you read the entire survey as reading it is an enriching experience for you to understand the economy. There is no such holy grail in economics, and there is no one book which will solve all your queries. The answer to developing a better understanding is to read this document, therefore, the economic survey is whatever you learn in class. What happens when inflation increases? What does RBA do when inflation rises? What does the government do to curb inflation? What impact does the government's policy of spending have on inflation? How does the exchange rate impact inflation or the current account deficit?
Description: Usually conducted in the month of February or late January but this time it took us around two months since the eco survey was released so we are conducting it now. Advice is that you read the entire survey as reading it is an enriching experience for you to understand the economy. There is no such holy grail in economics, and there is no one book which will solve all your queries. The answer to developing a better understanding is to read this document, therefore, the economic survey is whatever you learn in class. What happens when inflation increases? What does RBA do when inflation rises? What does the government do to curb inflation? What impact does the government's policy of spending have on inflation? How does the exchange rate impact inflation or the current account deficit?