Jharkhand Civils

1. What is GDP? 2. How is GDP Calculated? – Three Approaches Approach Formula What It Measures Production (Value Added) Approach GDP = Sum of GVA of all sectors Value added by each sector (agriculture, industry, services) Income Approach GDP = Sum of all factor incomes (wages, profits, rent, interest) Income earned by factors of […]

Economy Notes Introduction Food security is one of the foundational pillars of inclusive development because hunger undermines human dignity, productivity, health and social stability. India’s National Food Security Act (NFSA), 2013 represented a major shift from a welfare-based approach to a rights-based approach to food security by legally guaranteeing subsidised foodgrains to a large section […]

JPSC Civil Services Notes – Indian Economy 1. INTRODUCTION National Income is the single most important macroeconomic aggregate in any economy — it is the “report card” of a nation’s total economic performance. For a civil servant, understanding national income is not a mere academic exercise: every policy decision — the fiscal deficit target (3% […]

UPSC CSE 2026-27 | JHARKHAND PUBLIC SERVICE COMMISSION (JPSC) | BPSC MONETARY POLICY 1. THE FOUNDATION Money in an economy needs to be neither too much nor too little. Too much money chasing the same goods → prices rise (inflation). Too little money → businesses can’t borrow, growth slows. Monetary policy is RBI’s tool to control the […]

JHARKHAND PUBLIC SERVICE COMMISSION (JPSC) 📅 Category: Social Justice | Welfare Schemes | Food Security | Nutrition 📌 Keywords 🎯 Why is this Important? India has made remarkable progress in reducing poverty and improving access to food. However, malnutrition and micronutrient deficiencies continue to remain major public health challenges. The current policy debate is gradually […]