APSC Prelims 2020 GS Paper – Suggest Topics for Economy & Aptitude Section

APSC Prelims 2020 GS Paper – Suggest Topics for Economy & Aptitude Section

National Economy Measurement

  • GDP, GNP, NNP, NDP, National Income,
  • FDI, FII

APSC Prelims 2020 Test Series

Indian Economy

  • Sectors of Indian Economy – Agriculture, Manufacturing & Services
  • Contribution of various sectors in GDP, Employment & Export
  • Emerging sectors/ area specific
  • Economic trends
  • Various direct and indirect taxes in India
  • Income Tax, Corporation Tax rate
  • VAT, Service tax, GST, Excise duty, Customs Duty
  • Direct Tax -Not at all Inflationary. Indirect Tax – Is inflationary.
  • Ad valorem tax is based on the assessed value of the product.
  • Specific tax is a fixed amount tax based on the quantity of unit sold.
  • Progressive and regressive in nature of tax
  • Share of various types of taxes in India
  • Specialised Production/Industrial centers/area
  • Handloom industry
  • production center in Assam -Sualkuchi – Silk, Tea, Brass industtry

 

Planning & Economic Federalism

  • Economic federalism
  • NITI Aayog
  • Finance Commission – central funds allotment
  • Sectoral contribution of Service, Industry
  • GDP, GVA
  • Workforce sectoral share – Agri, Industry, service
  • Agri production

 

Taxation & Fiscal

  • Taxation – direct/Indirect – various types – IT/ Corp Tax
  • Share of various taxes in total collection
  • Budget Provisions
  • Economic federalism
  • Finance Commission – central funds allotment
 Aptitudes
  • Simple & Compound Interest
  • All basic maths concepts
  • All aptitude topics
  • Age, relations, logicals, calenders
  • Reasoning  – Code language

APSC Prelims 2020 Test Series