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Time: 2:30 PM Onwards

Master the Indian Economy with GS SCORE

Indian Economy has emerged as one of the most decisive subjects in the UPSC Prelims. Over the last five years, between 14–18 questions have consistently been asked from Economy, with more than half of them linked to current affairs. For aspirants, the subject is often tricky – concepts overlap with current events, technical terminology is confusing, and silly mistakes prove costly.

This 15-day dedicated Indian Economy module is designed to address these challenges. The program combines conceptual clarity, current affairs coverage, mastery of key terms, and extensive MCQ practice to ensure aspirants develop both knowledge and exam-ready application skills.

Program Highlights :

Designed to convert economic understanding into Prelims marks.

Concept-first approach to lock core economic terms and fundamentals as used by UPSC
Static + Current Affairs integration through Budget, Economic Survey, RBI policies, and global economic issues
400 high-quality MCQs with detailed explanations and test discussion
Applied economy focus to decode policy actions, reports, and real-world economic decisions
UPSC trap identification to avoid common mistakes and eliminate wrong options
Accuracy improvement strategies for smarter attempts in Prelims
Simple memory techniques for faster recall under exam pressure
Direct mentorship by Gaurav Bansal for doubts, strategy, and guidance

✔️ SECTION 1: — Basics of Theory (Microeconomics)

Demand, supply, elasticity, and types of markets.
Public goods, externalities, and market failures.
Cost curves, production, and factor pricing.

✔️ SECTION 2: – Basics of Theory (Macroeconomics)

GDP, GNP, NDP, NNP and related concepts.
CPI, WPI, and GDP deflators.

✔️ SECTION 3: — Practice Test and Discussion

40 MCQs on Micro and Macro theory.
Emphasis on conceptual clarity and how theory appears in current affairs.

✔️ SECTION 4: — Budget and Fiscal Policy

Union Budget fundamentals and terminologies?
Fiscal deficits, FRBM Act, and government expenditure.
Taxes, subsidies, and capital vs revenue expenditure.
Current year’s Budget analysis with exam relevance.

✔️ SECTION 5: – 50 Key Terms from Budget and Fiscal Policy

Consolidated Fund, Contingency Fund, and Public Account.
Primary vs Fiscal deficit, Effective Revenue Deficit.
Key terms from the latest Budget documents frequently asked in UPSC.

✔️ SECTION 6: — Practice Test and Discussion

30–40 MCQs on Budget and Fiscal Policy.
Discussion of past prelims questions.
Elimination strategies for uncertain questions.

✔️ SECTION 7: — Banking and Financial Markets

Functions of RBI, monetary policy tools, and liquidity management.
Inflation targeting, repo, reverse repo, LAF, MSF, SDF.
Types of banks and NBFCs.
Capital markets, IPOs, and money market instruments

✔️ SECTION 8: — 75 Key Terms from Banking, Monetary Policy and Financial Markets

CRR, SLR, Base Rate, MCLR, Repo-linked loans.
G-Secs, Treasury Bills, bond yields.
Basel Norms, PCA framework, and other reform-related terms.

✔️ SECTION 9: — Practice Test and Discussion

40 MCQs on Banking and Finance.
Common areas of confusion and traps explained.
Focus on eliminating incorrect options in financial terminology

✔️ SECTION 10: — International Trade, Exchange Rate, Foreign Capital and Organizations

Balance of Payments and related terms.
Exchange rate systems and rupee depreciation/appreciation.
FDI, FPI, ECB, ADR, GDR
Role of WTO, IMF, World Bank and recent reforms

✔️ SECTION 11: — 50 Key Terms from International Economics

Special Drawing Rights (SDRs).
Bretton Woods institutions.
Currency convertibility and trade blocs (RCEP, IPEF, BRICS)

✔️ SECTION 12: — Practice Test and Discussion

40 MCQs on International Economics.
Currency and exchange rate questions with current relevance.
Trade agreements and IMF reforms in prelims context

✔️ SECTION 13: — Sectors of Indian Economy (Agriculture, Industry,Infrastructure, Services)

Agriculture: MSP, foodgrain trends, PDS, irrigation.
Industry: MSMEs, IIP, Make in India, PLI schemes.
Infrastructure: energy, transport, logistics, and digital infrastructure
Services: IT, financial services, healthcare, tourism

✔️ SECTION 14: — 50 Key Terms from Sectors of Indian Economy

Key agricultural and industrial terms (MSP, IIP, Core sector).
Infrastructure terms (PPP, HAM, hybrid annuity models).
Services sector contributions and FDI trends

✔️ SECTION 15: — Practice Test and Discussion

50 MCQs covering all sectors of the Indian Economy.
Integrated discussion and doubt clearance.
Final strategies for exam readiness

Faculty

Gaurav Bansal

Faculty, GS SCORE

Gaurav Bansal, one of the most experienced teachers of Indian Economy for UPSC preparation, who has guided thousands of students to clear prelims and mains.

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