SSC CGL Economics · Free notes
National Income and Development: SSC CGL Economics
National Income, Growth and Development Indicators has 98 questions in the SSC CGL Tier I bank: 25 from the 2023 shifts, 34 from the 2024 shifts and 39 from the 2025 shifts. The 2025 shifts moved this chapter: 17 of their 39 questions were on industrial policy and 15 on who publishes which global index. The older shifts asked national income formulas, poverty lines and kinds of unemployment. Each page gives the formula or the table, 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
National Income Accounting
27 PYQsGDP, GNP, NDP and NNP and how each is reached from the others, what national income counts and leaves out, the history of measuring it in India, and the circular flow with the multiplier.
Poverty, Unemployment and Human Development
22 PYQsHow India draws its poverty line and the Multidimensional Poverty Index, the kinds of unemployment with examples, and India's neighbours on the Human Development Index.
Industrial Policy and Reforms
33 PYQsIndia's industrial policies from 1948 to 1980, the 1991 reforms with licensing, foreign investment and disinvestment, and the schemes and zones that promote manufacturing.
Economic Indices and Reports
16 PYQsWhich body publishes each global index or report, what each one measures, and the Phillips curve.
Formula & revision sheet
2 formulas · 9 reference tables · 12 gotchas across all subtopics — the exam-eve cheat-sheet
Formula & revision sheet
2 formulas · 9 reference tables · 12 gotchas across all subtopics — the exam-eve cheat-sheet
Formulas (2)
Reference tables (1)
Watch out for (4)
- Domestic adds nothing from abroad→ From GDP to national income
- Gross is net plus depreciation→ From GDP to national income
- Rao, not Naoroji, split the sectors→ Sectors and how India measured its income
- Saving is a leakage→ Circular flow and the multiplier
Reference tables (3)
Kinds of unemployment4 rows
Human development and inequality5 rows
| Country | HDI rank 2021-22 |
|---|---|
| Sri Lanka | 73 |
| Maldives | 90 |
| Bhutan | 127 |
| Bangladesh | 129 |
| India | 132 |
Watch out for (3)
- MPCE, not MSP→ Poverty lines and the MPI
- Seasonal is rural, educated is urban→ Kinds of unemployment
- A method change is not a cause→ Human development and inequality
Reference tables (3)
Watch out for (3)
- 1980 did not seek maximum foreign investment→ Industrial policies, 1948 to 1980
- Disinvestment is not criticised for monopoly→ The 1991 reforms and after
- TISCO is private→ Ownership, zones and schemes
Reference tables (2)
Watch out for (2)
- The Happiness Report is not the UNDP's→ Who publishes which index
- Starting a business was not given the most weight→ What the indices and curves measure
PYQ weightage by concept
11 concepts · 98 PYQs — where the marks actually sit, so you know what to drill first
PYQ weightage by concept
11 concepts · 98 PYQs — where the marks actually sit, so you know what to drill first
| Concept | PYQs | Share |
|---|---|---|
| From GDP to national income | 19 | 19% |
| Sectors and how India measured its income | 5 | 5% |
| Circular flow and the multiplier | 3 | 3% |
| Concept | PYQs | Share |
|---|---|---|
| Poverty lines and the MPI | 9 | 9% |
| Kinds of unemployment | 9 | 9% |
| Human development and inequality | 4 | 4% |
| Concept | PYQs | Share |
|---|---|---|
| Industrial policies, 1948 to 1980 | 14 | 14% |
| The 1991 reforms and after | 11 | 11% |
| Ownership, zones and schemes | 8 | 8% |
| Concept | PYQs | Share |
|---|---|---|
| Who publishes which index | 9 | 9% |
| What the indices and curves measure | 7 | 7% |
Test yourself on National Income, Growth and Development Indicators
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.