How to Prepare Economics and Social Issue for NABARD Grade A

How to Prepare Economics and Social Issue for NABARD Grade A 2022 Based on Latest Exam Pattern and Syllabus. In NABARD Grade A 2021 Notification NABARD made some major changes in exam pattern and syllabus of Economics and Social Issue. In this Article we have provided you the complete insight on how to Approach Economics and Social Issue Section.

NABARD Grade A: Pattern of ESI and ARD Descriptive Section

• For Paper II, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each).
• In case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each).
• In case, candidate answers more than 4 questions in descriptive, first 4 shall be evaluated.

NABARD Grade A: Word Limit for Descriptive Questions (400 words for 10 Mark Questions and 600 words for 15 Marks Questions)

Economic and Social Issues - Two Sections of ESI

• Static: Conceptual questions from chapters mentioned in Syllabus
• Dynamic: Questions based on current affairs related to Economic & Social issues.

Economic & Social Issues Static : Topics Marked in Red are Different from RBI Grade B

Nature of Indian Economy - Structural and Institutional features - Economic underdevelopment - Opening up the Indian Economy - Globalization - Economic Reforms in India - Privatization. 

Inflation - Trends in Inflation & their Impact on National Economy and Individual Income. 

Poverty Alleviation and Employment Generation in India - Rural and Urban - Measurement of Poverty - Poverty Alleviation Programmes of the Government. 

Population Trends - Population Growth and Economic Development - Population Policy in India. 

Agriculture - Characteristics / Status - Technical and Institutional changes in Indian Agriculture - Agricultural performance - Issues in Food Security in India - Non Institutional and Institutional Agencies in rural credit. 

Industry - Industrial and Labour Policy - Industrial performance - Regional Imbalance in India's Industrial Development - Public Sector Enterprises. 

Rural banking and financial institutions in India - Reforms in Banking/ Financial sector. 

Globalization of Economy - Role of International Funding Institutions - IMF & World Bank - WTO - Regional Economic Co-operation. 

Social Structure in India - Multiculturalism - Demographic trends - Urbanization and Migration - Gender Issues Joint family system - Social Infrastructure - Education - Health and Environment. 

Education - Status & System of Education - Socio -Economic Problems associated with Illiteracy - Educational relevance and educational wastage - Educational Policy for India. 

Social Justice - Problems of scheduled castes and scheduled tribes - socio-economic programmes for scheduled castes and scheduled tribes and other backward classes. Positive Discrimination in favor of the under privileged - Social Movements - Indian Political Systems - Human Development.

Current Economic & Social Issues.

NABARD Grade A Previous Year Analysis (Prelim - ESI & ARD)

NABARD Grade A Previous Year Analysis (Mains Descriptive - ESI & ARD)

Economic & Social Issues : Trends in Exam

As you can see from above image the, Economics and Social Issue in Prelim as well as in Mains is dominated by Current Events of Banking, Economy and Finance but in descriptive section of NABARD Grade A Phase II (50 Marks), you can expect 1-2 Questions as discussed in above image.

Economic and Social Issue : Suggested Reference material and Books

Banking and Economic Affairs - Past Six Months

Union Budget and Economic Survey

Flagship Schemes related to Ministry of Finance, Commerce and Industry, Health, Education, Social Justice, Labour, MSME and Women.

PIB Compilation - Last 4-5 Months (You can cover directly from website or Use our Compilation, it is most detailed and Only PDF which covers everything directly from source) - Click Here to Buy

Books for Economics Static

If you are complete beginner and have no prior knowledge of Economics and Finance then I would recommend you to start with NCERT and spend some time to learn the basic, but only when you have sufficient amount time before notification. 

• NCERT Class - 10. Understanding Economic Development
• NCERT Class - 11. Indian Economic Development
• NCERT Class - 12. Introductory Macroeconomics

Indian Economy : Vivek Singh (Vivek Singh covers NABARD ESI better than Ramesh Singh)

NABARD Grade A : Chapters from Different Economics Book

Indian Economy by Vivek Singh

1. Fundamental of Macroeconomy

2. Money and Banking (Finance Syllabus)

3. Money and Banking Part - II (Finance Syllabus)

4. Government Budgeting (Union Budget)

6. Indian Economy (1947-91) - Few Topics like Economics reforms need to be covered

11. Inclusive Growth and Issues

12. International Organization

13. Infrastructure and Investment Model (Finance)

15. Terminology

Chapter Important for NABARD Grade A Agriculture

7. Subsidies

8. Agriculture Part - I 

9. Agriculture Part - II

10. Supply Chain and Food Processing Industry