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32. UPI & BHIM

Index 33. Brown Lable & White Label ATMs
34. Payments Banks
35. Small Banks
36. Insolvency & Bankruptcy Code
Chapter-1 : Banking 37. Utkarsha 2022
38. Advisory Board for banking Frauds(
1. Reserve Bank of India (RBI) :
ABBF)
History to Present
39. Bharat Bill Payment System (BBPS)
2. History of Banking In India
40. Mani App
3. Before RBI
41. Punjab to create Land Bank in
4. Setup on Recommendation
Rural area
5. 1927-947 ( 1st – 20 years)
42. Acceptance Development Fund (
6. 1948-1967 (2nd – Next 20 years)
ADF)
7. 1969-1999 ( 3rd- Next 30 years)
43. New Guidelines for Payment
8. New Trends From 2000 to 2020
Aggregators (PA)
Year
9. Reasons for Bank Merger Chapter-2 : Monetary Policy
10. Challenges to be faced in way of
1. Basic
Merger
2. Rupee Appreciate & Depreciate
11. Conclusion
3. Exchange Rate Determination of
12. Reserve Bank of India
Domestic Currency
13. After Independence
4. Instruments : Quantitative &
14. Structure
Qualitative
15. Functions: Traditional & Non-
5. CRR
Traditional
6. SLR
16. Nationalised Banks
7. OMO
17. Classification of Banks
8. Bank Rate
18. Scheduled Bank
9. Repo Rate
19. Non-Schedule Bank
10. Reverse Repo Rate
20. Regional Rural Bank (RRBs)
11. LAF
21. Cooperative Banks
12. Marginal Standing Facility
22. Narasimham Committee Report
13. Prime Lending rate
(Banking Sector Reforms)
14. Base Rate
23. NBFC ( Non-Banking Financial
15. MCLR
Institutions)
16. Non Traditional tools
24. TLTRO 2.0
17. Monetary policy Committee
25. NPA- Non-Performing Assets
18. Helicopter Money & Helicopter
26. Twin balance Sheet
Hoover
27. Corporate debt Restructuring
19. Negative Interest Rate
28. Foreign Banking Sector
20. LAF vs MSF
29. Willful Defaulter
21. CRR vs SLR
30. Core Banking Solution
22. Monetary Policy vs Fiscal Policy
31. Online Fund transfer

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Chapter-3 : Financial Market 21. Recent Positive trend in debt

market
1. Meaning
22. Recent Govt. Initiatives in
2. Formal Financial System
Securities Markets
3. Informal Financial System
23. Important Misc. terms
4. Money Market
5. Instruments Chapter-5 : Fiscal System
6. Govt Securities in form of Bills
1. Govt. Total Receipts
7. Certificate of Deposits
2. Govt. Total Expenditure
8. Commercial Paper
3. Calculation
9. Capital Market
4. Future of FD in India
10. Instruments
5. Revenue Deficit
11. Pure Instruments
6. Primary Deficit
12. Hybrid Instruments
7. Monetised Deficit
13. Derivatives
8. Effective Revenue Deficit
14. Share & Debentures
9. Deficit Financing
15. Types of Shares
10. Way & Mean Advances
16. Equity shares vs Preference Shares
11. FRBM Act 2003
17. Types of Debentures
12. Flexibility Under FRBM Act
18. Shares vs Debentures
13. FRBM Relaxed in Past
19. Term Relevant to Share Market
14. Fiscal Activism
Chapter-4 : Securities Market in India 15. 15th Finance Commission
16. Fiscal Consolidation
1. Classification of Market
17. Major Changes in Budget 2017-
2. Primary Market
2018
3. Secondary market
18. Budget 2020-21
4. Primary Market VS Secondary
19. Gender Budgeting
market
20. Iine item Budget
5. Stock Exchange
21. Performance Budget
6. Role of Stock Exchange
22. Outcome Budget
7. India Stock Exchange
8. Players stock exchange Chapter-6 : Taxation
9. Commodity trading
1. Basic
10. Spot exchanges
2. Types of Taxes
11. Financial Investors
3. Tax & Duty
12. Foreign Portfolio Investment
4. Types of Duties
13. Participatory Notes
5. Cess & Surcharge
14. ADR
6. Tax Evasion & Tax Avoidance
15. GDR
7. Tax Planning
16. IDR
8. Income Tax
17. Insurance Sector
9. Fiscal Drag
18. Mutual Funds
10. Corporate tax
19. Problem of India Debts Market
11. Capital gain tax
20. Comparison with other countries
12. Grand Fathering Clause

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13. STT 20. WPI

14. DTAA 21. CPI
15. GAAR 22. WPI & CPI
16. Indirect taxes 23. Why CPI is better than WPI
17. Custom Duty 24. Recent Changes in CPI
18. Service Tax methodology
19. Excise duty 25. Producer Price Index
20. State sales tax 26. GDP Deflator
21. Value added tax 27. Other Definition some times seen
22. GST in newspaper
23. Objective 28. Deflation
24. Features 29. Disinflation
25. Issue of States 30. Reflation
26. E-way Bills 31. Wages Price Spiral
27. Reason to introduce 32. Inflation Tax
28. Tax Administration 33. Misery Index
29. Current Affairs Budget 2020-21 34. Suppressed Inflation
30. Unprecedented Milestones & 35. Open Inflation
Achievements of Indian Economy 36. Inflationary gap
31. Digital Revolution 37. Deflationary gap
32. Significance & Implications of a 38. Imported Inflation
Low tax to GDP 39. Measures to Control Inflation
40. Monetary Measures
Chapter-7 : Inflation
41. Fiscal Measures
1. Meaning 42. Other Measures
2. Effect of Inflation 43. Some Latest Trends or Updates
3. Types of Inflation 44. Inflation & RBI
4. 1.on the Basis of Causes 45. Monetary Committee
5. Currency Inflation 46. Reasons for Current Inflation
6. Credit inflation 47. Is India Facing stagflation
7. Deficit- Induced inflation 48. From Economic Survey 2019-20
8. Demand Pull Inflation
Chapter-8 : Agriculture
9. Cost push Inflation
10. Structural Inflation 1. Evolution of Sectors in Economy
11. 2. on the Basis of Speed or 2. Indian Economy During
Intensity Independence
12. Creeping or Mild Inflation 3. Agriculture in Post-Independence
13. Walking Inflation 4. Public Distribution system &
14. Galloping & Hyperinflation Related Issues
15. Stagflation 5. Some other Angle ( PDS Vs Cash
16. Core Inflation Transfers)
17. Headline inflation 6. Shanta Kumar Report
18. Inflation in India 7. Case Study – Reforms in PDS
19. Inflation Measured 8. Food Security Act

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9. Basic
10. Why food security is Important
11. Major Risks to Food Security in
Modern Indian
12. Food Security Solutions
13. Food Security International Angle
14. Covid -19 & Food Security Case
15. Food Security overall solutions
16. Govt. Initiatives on Food Security
17. Green Revolution & Its Drawbacks
18. Failure of Green Revolution in
North Eastern part
19. Factors for Slowdown in
Agriculture
20. All Types of Revolution
21. Land Reforms Measures & their
Failures
22. Problems in land Reforms
23. Side Angle in Land reforms
Chapter-9 : Economic Reform’s 1991
24. Law Of Diminishing Return
25. Food Procession Industries- A
depth Analysis
26. Problems in Food processing
industries
27. Reasons for Slow growth of
Processed foods In India
28. Food Processing challenges
29. Food Processing Solution
30. Minimum Support Price & Related
Chapter-10 : India’s Industrial Policy
Issues
31. Fixation of MSP
32. MSP Drawbacks
33. States Advised Price & Related
Issues
34. Subsidy in Agriculture
35. Subsidy meaning
36. Subsidy Types
37. New Trends of Giving Subsidy in
Centre &State
38. Subsidy Problems
39. Quick Facts
40. Alternate of Subsidies
41. Conclusion
42. Some Imp facts on subsidy
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43. Latest Updates on Subsidy
44. WTO & Agricultural Subsidies
45. Agreement on Agriculture
46. 3 pillars of AoA
47. Proposed benefits of AoA for India
48. Peace Clause
49. Animal Husbandry
50. Basic
51. Livestock Census
52. Distribution of Livestock 20th
survey
53. Animal Husbandry some imp. Facts
54. Role of Livestock Industry
55. Contribution of livestock to people
56. Challenges & way forward
57. Animal Husbandry Infrastructure
Development Fund ( AHIDF)
58. NABARD
1. Objectives of New Economic Policy
1991
2. Liberalization
3. Privatisation
4. Globalisation
5. Positive Effects of NEP
6. Negative Effects of NEP
7. Difference
1. Meaning
2. Objectives
3. Policies in India since
Independence
4. Policies in India since 1947
5. Industrial Policy Resolution of 1948
6. Industrial Policy Statement (IPR) of
1956
7. Industrial Policy Statement (IPR)
1977
8. Industrial Policy of 1980
9. New Industrial Policy During
Economic Reforms of 1991
10. Paris Convention for the
Protection of Industrial Property
Economy Mind Map Book
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11. The Industrial Relations Code Bill, 33. FERA to FEMA journey
2019
Chapter-12: Industry Dynamic Issues
Chapter-11 : Industry Dynamic Issues Part-2 : Depth Analysis
Part-1 : Analysis
1. Factors Responsible for Location of
1. Manufacturing Basic Industries
2. Manufacturing after Post 2. Industries Polluting the
Independence Environment
3. Reason behind low jobs in india 3. Indian Industries
4. MSME 4. Coffee Plantation
5. Important of MSME 5. Tea Plantation Industry
6. Factors which lead to growth of 6. Sugar Industry
MSME 7. Rubber Plantations
7. Issued faced by MSME 8. Oil Industry
8. Step taken in MEME 9. Jute Industry
9. Govt Schemes to Promote MSME 10. Automobile
10. Recent Initiatives 11. Pharmaceuticals
11. Atmanirbhar Bharat 12. Understanding Fertilizer
12. MSME Amendment Bill – 2018 13. Neem Coated Urea
13. Case study on MSME 14. Organic Fertilizers
14. NIMZ 15. Indian Fertilizer Sector
15. Concept of Industrial Corridor 16. Fertilizer Association of India (FAI)
Project 17. Some Notable Point
16. 5 Industrial Corridors 18. Advantages of Fertilizer
19. Disadvantages of Fertilizers
17. Significance, challenges &
20. Suggestion
Suggestion of Industrial Corridors
21. Side Note
18. SEZ meaning & objective 22. Iron & Steel Sector Of India
19. SEZ Rules 23. GDP by 2024
20. SEZ performance 24. Key factors for India’s strong
21. Amendment in SEZ Act growth rate in crude steel capacity
22. Ministry of Commerce & Industry 25. Significance of steel sector
Latest Data 26. Problems of Iron and Steel
23. Issue In SEZ Industry
24. Current updates on SEZ 27. Government’s Initiatives
25. Way forward for SEZ 28. Way forward
26. Make in India
Chapter-13: Service Sector
27. Industry 4.0
28. IIP 1. According to Economic Survey
29. Privatisation of Public Sector 2019-20
Undertakings 2. India direct shift to primary Sector
30. CCI to Services
31. CSR 3. Quaternary Activities
32. Measures adopted to Improve 4. Quinary Activities

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5. Champion Services Sectors 7. Regulatory Framework for FDI in

6. Digital Services India
7. Start-up Ecosystem in India 8. Important Government Authorities
8. Electronic Commerce ( E- in India concerning FDI
commerce) 9. New FDI Rule (Current Affairs)

Chapter-14 : Corporate Social Chapter-17 : Public-Private Partnership

Responsibility (CSR) (PPP)
1. Meaning of PPP
1. Basic 2. Need for PPP in India
2. Allowed Activities in CSR 3. Key principles for PPP
3. Benefits 4. Benefits of PPP Model
4. issues 5. Models in PPP
5. Suggestion 6. Implementation of PPP Model
6. Facts 7. Problems
7. Current update 8. Some Imp. Notable points (for
8. committee chaired by Injeti Mains Exam)
Srinivas 9. Vijay Kelkar Committee Report on
9. recommendations Revisiting & Revitalising PPP Model
10. Companies (Amendment) Bill, 10. Way Forward
2019 in context of CSR
11. Case Study Chapter-18 : Poverty

Chapter-15 : Credit Rating Agencies 1. Meaning

(CRAs) 2. Basic
1. Meaning 3. Poverty Line
2. In India 4. Poverty Line Basket
3. Agencies 5. Poverty Ratio or headcount ratio
4. Benefits 6. types
5. Issues 7. Absolute Poverty
6. Solution 8. Relative poverty
7. Side Note 9. Data Collection Methods
8. Analysis 10. Graph/Curve
9. Current News 11. Lorenz Curve
10. SEBI 12. Gini Coefficient
11. new norms? 13. Need for Poverty Estimation
14. Estimation
Chapter-16 : Foreign Direct Investment 15. Pre independence poverty
(FDI) estimates
1. FDI Meaning 16. Post independence poverty
2. types estimates
3. Factors affecting FDI 17. Analysis (Poverty Trend)
4. Sectors where FDI is prohibited 18. Causes
e.g. are 19. Poverty Cycle / Trap
5. FDI Consequences 20. Global Multidimensional Poverty
6. Importance of FDI Index (MPI)
21. Dynamic Approach to counter
Mains Questions

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22. Poverty Alleviation Programs 6. Small window of utilisation

23. Way Forward 7. State wise differences
8. Growth potential
Chapter-19 : Unemployment 9. Is India headed to a demographic
disaster
1. Concept of Unemployment 10. Way Forward
2. Basic 11. Further Analysis via Figure
3. Measurement
4. Causes of Unemployment Chapter-21 : MGNREGA Act
5. Impact 1. why its important
6. Types 2. Objectives
7. New terms Seen in Newspaper 3. Notable points
8. Unemployment trap 4. Positive aspect
9. Gig Economy 5. Concerns
10. Some Imp. Report 6. Performance
11. International Labour Organisation 7. connect this topic with governance
(ILO) 8. proposed amendments by Govt.
12. Latest Edition of Periodic Labour 9. Petition Demanding Wages for
Force Survey (PLFS) MGNREGA Workers
13. CMIE Report on Joblessness 10. way forward
14. Some latest updates till April 2020
15. New Code on Wages Chapter-22 : Infrastructure Sector in India
16. Govt Initiatives 1. Infrastructure Meaning
17. Integrated Rural Development 2. National Infrastructure plan
Programme (IRDP) 3. Infrastructure meaning
18. Mahatma Gandhi National Rural 4. National Infrastructure Pipeline
Employment Guarantee Act (NIP)
(MNREGA) 5. Importance of infrastructure
19. Pradhan Mantri Kaushal Vikas development
Yojana (PMKVY) 6. Road Sector- Basic with Imp. facts
20. Start Up India Scheme 7. Important Schemes & Policies
21. Stand Up India Scheme 8. The Motor Vehicles (Amendment)
22. Pradhan Mantri Mudra Yojana Act, 2019
23. National Rural Livelihood Mission 9. BHARAT STAGE NORMS
24. SETU 10. Road Safety Initiatives in India
25. National Career Service Portal 11. History of Railway
26. Deen Dayal Upadhyay Grameen 12. Facts about Indian Railways
Kaushalya Yojana 13. Significance of railways
27. SKILL INDIA 14. Adopting PPP model
28. Way Forward 15. Privatizing Indian Railways (PIR)
16. Bullet train (Old but still Hot topic)
Chapter-20 : India’s Demographic 17. govt Schemes - Indian Railways
Dividend 18. waterway Transportation
1. Background 19. Basic
2. Four phases 20. Inland Waterways Authority of
3. Analysis India (IWAI)
4. India’s demographic transition
5. Large workforce

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21. Integrated National Waterways 1. Basic

Transportation Grid 2. Concept of trade agreement
22. Analysis 3. Concept of Trade Blocs
23. Govt. initiatives 4. Different Types of Trade Agreements
24. Aviation 5. Stages in Trade Agreements
25. Basic 6. PTA – Preferential trade agreement
26. Challenges 7. FTA – Free trade agreement
27. Solution 8. Customs Union
28. Current News 9. Common Market
29. Ports in India 10. Economic Union
30. basic 11. Economic and monetary union
31. Regulatory Scenario of ports in 12. Analysis
India 13. Why almost all countries signing Free
32. issues Trade Agreements (FTP)
33. Solution 14. India’s trade theory & patterns
34. Current News 15. Till Pre Covid-19
16. Trends Till Aug 2020
Chapter-23 : World Trade Organization
(WTO) Chapter-25 : Foreign Exchanges Reserves
1. Meaning
2. WTO existence 1. Why we hold Reserve
3. GATT 2. India Forex Reserve
4. Why WTO replaced GATT 3. Foreign Currency Assets
5. WTO & United Nations (UN) 4. Gold Reserves
6. WTO Agreements 5. Special Drawing Rights
7. Basic 6. RBI Reserve Position with IMF
8. Objectives of WTO 7. Why Forex rising even during
9. Principles of WTO Lockdown & Covid-19
10. Functions
8. Where India Forex Reserves Kept
11. TRIPS LAWS
9. Criticism
12. Structure of WTO
10. Some important Data Analysis
13. WTO Body
14. WTO’s Appellate Body Chapter-26 : Foreign Trade Policy
15. Important Trades Agreements of
WTO 1. Foreign Trade Policy 2015-20
16. Agreement on Agriculture (AoA) 2. Objective
17. Ministerial Conferences of WTO 3. Key points
18. Current issues 4. Prohibited items under FTP
19. Criteria for Developing, Developed 5. Analysis of FTP 205-20
& Least Developed Countries 6. Conclusion
20. US President Donald Trump has 7. Current news ( Due to Covid-19)
questioned ‘Developing Tag’ for 8. EXIM Bank
India and China
9. Committees on Exim Policy
21. Trade war
22. Food Grain issue Chapter-27 : International Financial
Banks
Chapter-24 : Trade Agreement 1. Understanding IMF

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2. Official lang. Chapter-28 : National Income

3. Objective 1. National Income (N.I.)
4. Decision taken by 2. National Income Estimations Till
5. Meetings 1950
6. Proposal Passing 3. MOSPI
7. Function 4. Gross Domestic Product (GDP)
8. Criticism 5. Gross National Product (GNP)
9. Why reform necessary 6. Net National product (NNP)
10. IMF Reforms 7. Purchasing power Parity (PPP)
11. World bank (WB) 8. Quick Learn
12. Breeton woods agreement 9. Measurement of National Income
13. Comparison B/W World Bank (WB) & (N.I.)
IMF 10. other dimensions
14. World Bank (WB) 11. Green GDP
15. World Bank Group 12. Growth & Development
16. World Bank Published Reports 13. Inclusive Development
17. WB Criticism 14. Sustainable development
18. Suggestions 15. Gross National Happiness (GNH)
19. Current update 16. problems in calculating N.I.
20. Fact 17. Importance of N.I.
21. Note 18. Causes of Low National Income of
22. New Development Bank ( NDB) India
23. Features 19. Suggestions to Raise National
24. Importance Income of India
25. Weaknesses 20. Main Causes of Inter-regional
26. Note Variations in Per Capita Income
27. Asian Development Bank (ADB) 21. Method of calculation of GDP in
28. aims India
29. ADB now 22. Change in Calculation method of
30. largest share hold by GDP
31. ADB’s main partners 23. CSO Reforms 2015 for GDP
32. ADB provides Calculation – Income Method
33. Functions 24. Current updates
34. criticism 25. Shared Economy
35. AIIB 26. Slowdown in Indian Economy
36. Goals 27. in terms of value ( till 18 April
37. Governance 2020)
38. Voting pattern 28. India to be a $5 trillion economy
39. Structure
40. why we need this bank Chapter-29: American Crisis to Covid-19
41. Why China is interested Crisis
42. Global impact of initiative
43. AIIB contribution in India 1. American Crisis
44. AIIB Concerns 2. EU Crisis
45. Relevance for India 3. Covid-19 Crisis
46. Conclusion
Chapter-30 : Basic Economic

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Types of Goods
1. Macro economics Market structure
2. Final Good 1. Types of Market
3. Consumption Goods 2. Perfect Competition
4. Capital Goods 3. Monopoly Competition
5. Intermediate Good 4. Oligopoly Competition
6. Micro Economics 5. Monopolistic competition
7. Inferior Good 6. Monopsony
8. Superior Good/ Normal Goods
9. Luxury Goods Chapter-31: Extra Dose
10. Prestige Goods 1. Budget 2020-21 (Via Mind Map)
11. Giffen Goods 2. Highlights of Economic Survey 2019 -
12. Complementary Goods 2020 (Via Notes Only)
13. Substitute Goods
Note- SDG, Climate Change & Nuclear
Basic terms of Microeconomics Chapters, I have covered in Arora IAS
1. Want / Desire Environment Mind Map Book (Kindly
2. Demand vs Aggregate demand check it)
3. in Simple term
4. In Economic term
Demand
1. Willingness to buy a good
2. factors influencing consumer
demand must be constant
3. Demand Curve
4. Law of Demand ****
5. Exceptions of Law of Demand
6. Why Demand Curve Slope
Downwards
7. Elasticity of Demand
8. Price Elasticity of Demand
9. Perfectly inelastic
10. Relatively Inelastic
11. Unitary
12. Relatively Elastic
13. Perfectly Elastic
Supply
1. Meaning
2. Law of Supply
3. Types of Supply
4. Perfectly inelastic
5. Relatively Inelastic
6. Unitary
7. Relatively Elastic
8. Perfectly Elastic
Concept of Utility
Concept of Consumption

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