NABARD and Indian Economy:Economic Social and Demographic Characteristics of the Indian rural economy is one of the Main Topics to prepare for NABARD Exam.
Follow the syllabus and study Nature of Indian Economy, Economic underdevelopment, rural population in India etc as described below to crack the exam.
Study Previous years question papers for Economic Social and Demographic Characteristic of the Indian rural economy, to get a clear idea of the question pattern. Here is the Tips and Tricks to crack the Main Exam of NABARD.
# 1 Economic and Social Issues in India and NABARD:
- You should have good knowledge on Nature of Indian Economy and the Structural and Institutional features.
- Causes of Economic underdevelopment and Opening up the Indian Economy.
- Impact of Globalisation is helping in Economic Reforms in India.
- Impact of Privatisation.
- Inflation and Trends in Inflation & their Impact on National Economy and Individual Income.
- Current Economic & Social Issues in India.
- Know about Globalisation of Economy and Role of International Funding Institutions like IMF & World Bank, WTO and Regional Economic Co-operation.
- Study about the Objectives of Economy Planning Evaluation of Indian Planning.
- Poverty Alleviation and Employment Generation in India both Rural and Urban.
- Measurement of Poverty and Poverty
- Alleviation Programmes of the Government of India.
Important Books for Characteristics of the Indian rural economy:
- Magbook Indian Economy: by Arihant Experts
- Starting with the Introduction to Economics and National Income, the book proceeds with Inflation, Economic Planning, Demographic Profile of India, Agriculture, Indian Public Finance, Infrastructure, Services Sector, Poverty and Unemployment and several other important topics, finally ending with Government Schemes and Programmes.
# 2 Economics Development in India:
- What are the various Measures of development,
- Economic Development Models
- Role of subsidies.
- Importance of savings and investment.
- Importance of agriculture
- Terms of trade in agriculture.
- Development issues in India – Post 2015 Agenda.
# 3 Financial System in India and Indian Economy:
- Regulation of Banks & Financial Institutions, Banking and financial Institutions in India
- Financial system- features, characteristics and issues
- Micro finance, its significance and importance
- Union Budget
- Project finance- Assessment and Sources for block capital, working capital, Infrastructure financing.
- Risk Management in Banking Sector
- Sources of capital, instruments and methods, salient features
- Development finance- scope and needs of development finance
- Concept of project cycle management
- Private and Social Cost Benefit significance of development finance
- Financial Inclusion
- Use of Technology, Public Private Partnership
# 4 Social and Demographic Characteristics of the Indian rural economy:
- Concept of Rural Area
- Structure of the Indian Rural Economy-Importance and role of the rural sector in India
- Economic Social and Demographic Characteristics of the Indian economy
- Causes of Rural Backwardness.
# 5 Occupational structure in rural area and Indian Economy:
- Occupational structure in rural area- Farmers, Agricultural Labourers, Artisans, Handicrafts, Traders, Forest dwellers/tribes and others in rural India
- Trends of change in rural population and rural work force
- Problems and conditions of rural labour
- Issues and challenges in Handlooms
# 6 Rural Credit System in India:
- Role of Rural Credit in Rural Development.
- Evolution and Growth of Rural Credit System in India.
- Role and functions of RBI, NABARD, SIDBI and other financial institutions.
Rural credit plays a very important role in rejuvenating rural economy. Credit is the life-blood and key input for over-all development.
The most important source of institutional credit for rural development is the cooperative organisation. The rural development programme was launched initially with a view to relieve the agriculturists from the clutches of money-lenders and to provide required credit in time at low rate.
The programme has set in motion and process of integrated development of rural areas to solve many -sides problems.
The integrated rural development is largely based on the pattern of rural credit. The study attempts to cover all short-term and long term rural institutions including apex bodies to quantify the flow of different types of credit.
The Five Year Plans, state support, role of the central financing agencies like NABARD, RBI and ARDC have been emphasised. In the light of a detailed study of the subject, their working, financial performance, and managerial problems have been identified.
The book will prove most useful to policy makers, Government officials, students, researchers, rural credit institutions, and co-operators. Buy from Amazon in.
Conclusion:For best result in NABARD Exam, study the Economic Social and Demographic Characteristics of the Indian rural economy, Indian Economy Nature and reason of Economic underdevelopment.
For easy guide to NABARD Exam, you should also study about rural population in India and Present Scenario of Indian Agriculture and Allied Activities too.