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GDP growth rate revised down to 8.9%, construction sector contracts
Program:
Preliminary examination: Economic and social development
Sector Review: General Studies III: Indian economy and questions relating to planning, mobilization, resources, growth, development and employment.
Key points to ponder:
• What are forward estimates of GDP?
• First Advance Estimates (FAE) and Second Advance Estimates (SAE) of GDP – What do you mean by this?
• First Advance Estimates (FAE) and Second Advance Estimates (SAE) of GDP – who publishes these estimates?
• First GDP advance estimate and 2nd GDP advance estimate: what has changed since the 1st?
• How many revisions of GDP estimates are made and why?
• What is the culmination of Second Advance Estimates (SAE)?
• What is meant by Private Final Consumption Expenditure (PFCE) and State Final Consumption Expenditure (GFCE)?
• What is gross domestic product (GDP)?
• GDP-How is it calculated?
• Gross Domestic Product (GDP) and Gross National Product (GNP) – Key Differences
• “Nominal” GDP and “real” GDP – What’s the difference?
• Meaning of “double deflation” in the context of calculating GDP?
Other important articles dealing with the same subject:
📍 GDP 2nd Advance Estimates: what has changed since the 1st, what it means
📍 Stable but slow
THE EDITORIAL PAGE
Failed by the West
Program:
Preliminary examination: News of national and international importance.
Sector review:
• General Studies I: World History will include 18th century events such as the Industrial Revolution, World Wars, etc.
• General Studies II: Effect of Policies and Policies of Developed and Developing Countries on India’s Interests, Indian Diaspora.
Key points to ponder:
• West-Ukraine-Russia-East-Who is here in the west and in the east? What are the differences between West and East in the Ukrainian crisis?
• Ukraine-Russia conflict and reasons for WWII – Do you see any similarities (hint: sanctions against Russia now and treaty imposed on Germany after WW1)? Is it relevant to compare the two?
• Ukraine believed in Western powers – rightly or wrongly?
• Do you think it’s Ukraine versus Vladimir Putin and not Ukraine versus Russia?
• Will India’s geopolitical stature change after abstaining from the UNSC resolution?
• India’s position on the conflict between Ukraine and Russia – a fair balance or loyalty to an old friend?
• The geopolitics of the United States in Afghanistan, Vietnam, Iraq, why is this problematic?
Other important articles dealing with the same subject:
📍 NEW BERLIN
📍 United against a strong man
📍 No more US sanctions; China promises ‘normal’ trade
📍 Five Fallouts of Western Sanctions on Russia
EXPLAIN
Read the new climate report
Program:
Preliminary examination: General questions on environmental ecology, biodiversity and climate change
Sector review: General Studies III: Environmental Conservation, Pollution and Degradation, Environmental Impact Assessment.
Key points to ponder:
• Know the Intergovernmental Panel on Climate Change
• Sixth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) – Key Highlights
• What are the new perspectives on climate impacts, vulnerability and adaptation from the IPCC?
• How will nature and the benefits it provides to people be affected by higher levels of warming?
• How will climate change affect the lives of today’s children tomorrow, if no immediate action is taken?
• Climate Change and India’s Strategy to Cope with Climate Change
• What is climate resilient development?
Other important articles dealing with the same subject:
📍 IPCC alarm bell: effect of climate change worse than previous estimates
📍 Heat, humidity, rising sea to make India uninhabitable if emissions are not reduced
📍 IPCC report warns of malaria outbreak in Himalayan region
ECONOMY
“Protectionism hurts”: why Panagariya is fighting for free trade
Program:
Preliminary examination: Economic and social development
Sector review: General studies III: Inclusive growth and the challenges arising from it.
Key points to ponder:
• What is protectionism?
• Know these conditions: tariffs, import quotas, product standards and government subsidies
• Protectionism and its effects on some developing countries
• How does protectionism hinder economic growth?
• What are the other main economic concerns?
Other important articles dealing with the same subject:
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