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Economy for Civil Services

Economy is an Important part in development of any country and an Important subject for an Civil Services Aspirant. Dont take this subject is easy because its so complicated and larger subject. Here is the most Important topics for an Civil Services Exam and other exams for Economics. You must take a look before starting study about it. I am referring a premium book for free and to study exclusively known for Civil Services Exam  Get the book here Topics are: 1. Educational a. History i. British Era ii. Pre liberalization Period iii. Post Liberalization period b. Sectors i. Agriculture ii. Industries iii. Services c. External Trades d. Investment e. Currency f. Income and Consumption g. Economic Trends and Issues h. Insurance i. Security Markets 2. Deep a. GDP b. Repo c. Reverse Repo d. CRR e. SLR f. Inflation g. Growth Inclusion h. Development i. Economic Planning j. Progress, Growth and Development k. Evolution of the Indian Econ
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Finance Commision of India | Central Government Act Article 280

Basic Function of Finance Commision of India is to define financial relations between Center and State Government. I came in existence in 1951. It is also called Finance commision act 1951. FCI is defined in Article 280 of Central Government Act of Indian Constitution. It's basic function to change the economic condition of the country with it's innovative rules and ideas. It also can be seen as Vertical and Horizontal Balances in Indian States. General Factors of Horizontal Imbalance is historical backgrounds, differences in resource endowments. Article 269, 270, 275, 282 and 293 are similar to this that states the specific ways to sharing resources between union and state governments. Recently Dr. Y. V. Reddy (Former RBI Governor) constituted 14th Finance Commission under his chairmanship. Article 280 | Finance Commision of India History: Finance Commission Year of Establishment Chairman Operational Duration First 1951 K. C. Neogy 1952–57 Second 1956 K. Santhana

Indian Culture and Heritage

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Preparing for Civil Services

First thing : You must be one that never fall down due to failures. Clear your vision for UPSC/Civil Services Exam and then you must know about how many competitors you have around country. Focus: Focus towards your aim is necessary for it. Deep Study: Your have to do lot of self study (Min 6 hrs in a day). No Dependency:  If you are dependent on coaching and other resource than you are going to a wrong way. Read News:  News is the best resource for your current affairs preparation. But biggest thing is which source of news you choose. Basic and Common Sense: This is very Important thing for preparing for an Civil Services exam. You have to recall your basics and feel about common sense because in civil services and UPSC exam General Science is dependent on both the things. All the best for your future!