Economics Syllabus For SSC

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SSC Exam Economics syllabus

Micro-Economics – Demand, Type of goods, Type of demand, Supply, Type of Market, Production, Production Function, Cost, Revenue, Production Possibility Curve (PP Curve).

Macro- Economics – National Income- GNP, GDP, NNP, and GNP. Economic Development – Per Capita Income, HDI, General national Happiness. Public Finance- Budget, Plan & Non-Plan Development ( Capital & Expenditure ). Fiscal Policies, Forex Exchange, BOP, Type of Currency. Banking in India- RBI, SBI, and Development banks. Bank Rate, Repo Rate, Reverse-Repo, Insurence In India-LIC & GIC. Tax System- Direct & Indirect.

Economics sample questions

1. Human development index comprises literacy rate, life expectancy at birth and

a) GDP at factor cost

b) GDP per head at real purchasing power

c) Standard of living measured by real GDP per capita

d) GNP in US dollar

Ans: c

2. The most appropriate measure of a country’s economic growth is its:

a) Per capita real income

b) Gross domestic product

c) Gross national product

d) Net national product

Ans: a

3. In India, which institution estimates the National income:

a) Indian statistical institute

b) Central statistical organization

c) Finance commission

d) Planning commission

Ans: b

4. Millennium development goals are set for

a) Developed countries

b) Developing countries

c) Least developed countries

d) OECD countries

Ans- b

5. Which sector in India have largest contribution in national income?

a) Service sector

b) Industrial sector

c) Manufacturing sector

d) Agriculture sector

Ans- a