Indian Economy-11: Industry and Infrastructure Part-II

Cement Industry, Types of Cement Grade, Cement Making Process, Portland Cement versus
White Cement, Environment Impacts of Cement Industry, Concretization and its impacts, Coal
Sector, Types of Coals, Fly Ash, Indias Coal Resources, Power Sector, Largest producers,
consumers and exporters of oil; BTU/ Joule; Upstream, Downstream in petroleum; Sweet, Brent
and Sour Crude Oil; location of gas oil fields; Industry wise use of Natural Gas in India; Specific
gravity in oil; Vertical Integration versus Horizontal Integration; OPEC Members; Oil Bonds; APM
and non-APM Gas and PPACs role; Oil prices and current account / revenue deficit; Shale Gas;
Jambusar; CBM; Gas Hydrates; Carbon Tax; National Clean Energy Fund; Petroleum And
Explosives Safety Organisation. Commission of Railway Safety, Functions of Directorate
General of Civil Aviation versus Airports Authority of India, Gagan Project, Open Sky Policy, 5/20
Rule, Route Dispersal Guidelines , Major Ports (please check trivia given in module),
Differentiation between the Major Ports and Minor Ports, National Waterways, National Highway
Development Project, SARDP-NE.
Indian Economy -12: Banking Industry Basics
Kusidin, Presidency Banks, Imperial Bank of India, Hilton Young Commission, Nationalization of
Banks and their impact, Scheduled Versus Non-scheduled banks, Old and New Private Sector
Banks, RBI policy towards Foreign Banks, Regional Rural Banks, Different Rural Cooperatives,
Unit Banking / Branch Banking, Mixed, Chain, Retail / Wholesale Banking, Social Banking,
Narrow Banking, Shadow Banking. Functions of RBI, Structure of RBI, Board for Financial
Supervision, Board for Payment and Settlement Systems (BPSS), Objectives of Monetary
policy, Open Market Operations, Liquidity Adjustment Facility (Repo and Reverse Repo),
Marginal Standing Facility, SLR, CRR, Bank Rate, Credit Ceiling, Para banking Activities,
Proportional Reserve System and Minimum Reserve System, Ways and means advances
(WMA), Statuary Reserves, Lender of the Last Resort (LORL), LERMS, Time deposits and
demand deposits, Current Account & Saving Account, NRO, NR(E)RA and FCNR accounts,
Deposit Insurance, Concept of credit creation, Various Types of Loans, Non-performing Assets,
Provision Coverage Ratio, Priority Sector Lending.
Indian Economy-13: Money Markets, Capital Markets, Insurance
Call Money, Notice Money and Term Money, Treasury Bills, Certificate Of Deposits, Commercial
Paper, Functions of Money Markets, M0, M1, M2, M3, M4, Narrow Money / Broad Money,
Derivatives, Mutual Funds, Real Return of Rate, Real Assets and Financial Assets, Short Term
and Long Term Investment Options. Unlimited Company versus Limited Company, Private
Limited Company versus Public Limited Company, Share and Share Capital, Types of Share
Capital, Capital Reserves versus Reserve Capital, Preference Shares and Equity shares, IPO,
Book Building, Red Herring Prospectus, FPO, Voting Rights & Differential Voting Rights (DVR),
Debt instruments, Debentures, Debentures and Shares. IRDA Functions, Insurance
Ombudsman, Employees State Insurance Corporation, Underwriting, Types of NBFCs and their
regulators, Difference between NBFC and Banks, Infrastructure Debt Fund, Deposit Taking by
NBFCs
Indian Economy -14: Public Finance, Taxation and Investments
Fiscal Policy Versus Monetary Policy, Fiscal Policy Instruments, Impacts of Fiscal Policy
Instruments, Taxation powers of states / governments, Concurrent / Residuary Powers of
taxation, Income Tax, Corporation Tax, Sales Tax / VAT / CENVAT, Tax devolution, Votable and
Non-Votable Expenditures, Cut motions, Vote on Account, Tax Revenue / Non-Tax Revenue,
Revenue Receipts / Revenue Expenditures, Capital Receipts / Capital Expenditures, Revenue
Deficit / Effective Revenue Deficit / Budget Deficit, Fiscal Deficit, Direct Tax / Indirect Tax,
Internal Debt / External Debt, Taxation versus Government spending, Indias Public debt, Plan
Expenditure / Non-Plan Expenditure. Types of Budgets, Budget Making Procedure, Direct and
Indirect Taxes, Foreign Investment, Disinvestment.
Indian Economy-15: Poverty, Population, Census and Unemployment
Dependency Ratio, Demographic Transition Theory, Age Sex Pyramids, Push Pull Factors of
Migration, Birth Rate, Death Rate, Total Fertility Rate, Demographic Dividend & Longevity
Dividend, Census Act Provisions, Canvasser method and householder method of enumeration,
Population Extremes (highest, lowest states, districts), SECC Objectives, data, angle of
deprivation, Labour Force versus Workers Force, Labour Force Participation Rate, Types of
Unemployment, Employment Elasticity, Trend in Female Labour Force Participation Rate.
Important Terms, Concepts and Glossary of Economy {This document will be updated
later}
Important micro and macro-economic terms and concepts both basic and in current news.