SSC CGL Economics · Free notes
Money, Banking and Public Finance: SSC CGL Economics
Money, Banking and Public Finance has 78 questions in the SSC CGL Tier I bank: 37 from the 2023 shifts, 25 from the 2024 shifts and 16 from the 2025 shifts. The 2023 shifts leaned on microfinance and self-help groups; the 2025 shifts moved to the budget, mostly revenue against capital receipts. Each page gives the definitions and tables to learn, with the swapped detail SSC uses as a decoy.
The handout has every subtopic, worked example, formula and trap with answers shown. The formula sheet is the chapter’s formulas and traps alone, on one page.
Subtopic notes
Money, the RBI and Monetary Policy
21 PYQsThe functions and measures of money, Fisher's equation and the demand for money, and how the RBI was set up and controls credit with the bank rate, CRR and SLR.
Banks, Microfinance and Financial Inclusion
28 PYQsIndia's development banks and NABARD with their years, the schemes that bring banking to the poor, and microfinance: self-help groups, the Malegam committee and the RBI's rules for microfinance lenders.
Budget, Fiscal Policy and Taxation
29 PYQsRevenue and capital receipts with their examples, the three deficits and how they are worked out, fiscal policy, and GST with the Finance Commissions and the history of Indian taxes.
Formula & revision sheet
2 formulas · 5 reference tables · 7 gotchas across all subtopics — the exam-eve cheat-sheet
Formula & revision sheet
2 formulas · 5 reference tables · 7 gotchas across all subtopics — the exam-eve cheat-sheet
Reference tables (1)
Watch out for (2)
- M2 is post office, M3 is banks→ Money: functions, measures and demand
- CRR and SLR cut lending→ The RBI and credit control
Reference tables (2)
Watch out for (2)
- Jan Dhan is inclusion, not microfinance→ Banks, development institutions and inclusion schemes
- Total assets, not equity→ Microfinance and self-help groups
Formulas (1)
Reference tables (2)
Watch out for (3)
- Disinvestment is not revenue→ Revenue and capital receipts
- All three borrowings are added→ Deficits and fiscal policy
- The amendment came before the Council→ GST, Finance Commissions and the order of taxes
PYQ weightage by concept
7 concepts · 78 PYQs — where the marks actually sit, so you know what to drill first
PYQ weightage by concept
7 concepts · 78 PYQs — where the marks actually sit, so you know what to drill first
| Concept | PYQs | Share |
|---|---|---|
| The RBI and credit control | 11 | 14% |
| Money: functions, measures and demand | 10 | 13% |
| Concept | PYQs | Share |
|---|---|---|
| Microfinance and self-help groups | 16 | 21% |
| Banks, development institutions and inclusion schemes | 12 | 15% |
| Concept | PYQs | Share |
|---|---|---|
| Revenue and capital receipts | 14 | 18% |
| Deficits and fiscal policy | 9 | 12% |
| GST, Finance Commissions and the order of taxes | 6 | 8% |
Test yourself on Money, Banking and Public Finance
20 past SSC CGL questions from this chapter, timed at 12 minutes and marked the way the exam marks it. You see your score and every answer the moment you finish. Free to start.