Solutions of Indian Economy from Indian Railway Group-D(Technical And Non-Technical Recruitment Exam
B. K Editorial Board Quantitative Aptitude, Reasoning, General Awareness, General Science Solutions from Chapter 7 - Indian Economy
The detailed solutions to all the exercises of Indian Economy from Indian Railway Group-D(Technical And Non-Technical Recruitment Exam for RRC Group D CBT are provided here. The topics covered are such as Banking In India, Education and, Health. Students can practice frequently asked questions from this chapter.
Practice Other Topics from Indian Economy
This topic highlights the features of the Indian economy. We will learn about the low per capita income, price instability, the mixed economy which are some of the features of the Indian economy. It also discusses the recent condition of the economy.

This topic sheds light on the national income of India and the sectors contributing to it including the organization which estimates the national income. We will learn about the Gross National Product (GNP) and Net National Product (NNP) formulas.

In this topic, we will learn about the history of planning in India. It gives a brief introduction to NITI Ayog. It explains the five-year plan through tabular data. It also discusses the characteristics of states under Special Category Status.

This topic deals with the measures taken during the First Generation Reforms. It covers the objectives of the Second Generation Reforms. We will also study the causes of inflation and the factors on which inflation is calculated in India.

The topic discusses the meaning of unemployment and covers the various causes of unemployment. It also discusses the unemployment rate in India reported by the Ministry of Labour and Employment rate in different years.

In this topic, we will learn about the various credit rating agencies in India. They are SMERA, CRISIL, CARE, ICRA and ONICRA credit rating agency. It covers the full form of each of these agencies.

The topic deals with the various programmes launched by the Government of India. It gives the list of these programmes along with the date when they were launched. All these programmes were launched by the Government for the betterment of society.

This topic discusses the New Industrial Policy of 1991. We will study the de-reservation and de-licensing of the industries. It covers the details of the Maharatna companies in India. We will also learn about the National Investment Fund in brief.

The topic highlights the meaning of tax. It covers the details of direct tax as well as indirect tax. It briefs us about the Indian taxation system. We will also learn about the GST and the authorities under the Central Board of Revenue.

This topic sheds light on the Indian Money Market. It discusses the functions of the money market and the money market instruments. It also includes the details of the chit fund and the Indian capital market.

In this topic, we will learn about the importance of banks. It gives a brief introduction to the Indian Banking system and lists the differences between savings and current accounts. We will learn about the types of banks and specialized banks.

The topic sheds light on the Reserve Bank of India. We will learn about its establishment and nationalization. It also covers the number of regional offices and functions of RBI.

This topic includes the list of the major financial institutions in India. It covers the year of establishment of these institutions. We will learn about the establishment of Regional Rural Banks and the Banking Ombudsman Scheme.

The topic deals with the oldest stock exchange in India and the world. It covers the functions of the stock exchange. We will also learn about the various stock exchanges in India including BSE, NSE and OTCEI.

In this topic, we will learn about the Insurance Regulatory Development Authority of India. It discusses the Life Insurance Corporation of India. We will also learn about the introduction of mutual funds.

This topic highlights the monetary system in India. We will study the methods of issuing currency in the system including the location of the note printing press. It discusses the ranks of states and UTs as per population.

The topic discusses the Right to Education as a Fundamental Right in the Indian Constitution. It lists the Indian Institutes of Technology and Indian Institutes of Management along with their year of establishment and the location.

The topic explores the World Bank and its constituent organizations. We will learn about the International Monetary Fund, World Trade Organization and the Asian Development Bank. It also covers the details of the International Finance Corporation.
