🇮🇳 NABARD Grade A · subject
NABARD Grade A Economic and Social Issues (ESI) Syllabus
The Economic and Social Issues (ESI) syllabus for NABARD Grade A in full: 5 chapters, 18 topics and 45 sub-topics, every one listed below, plus 51 Economic and Social Issues (ESI) flashcards with answers.
Economic and Social Issues (ESI) syllabus: all 5 chapters
Expand any chapter to see its topics and sub-topics.
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Nature and Structure of the Indian Economy
4 topics- Basic Concepts of Economy
- Microeconomics vs Macroeconomics
- GDP, GNP, NNP and National Income concepts
- Factors of production and economic growth vs development
- Structure of the Indian Economy
- Primary, secondary and tertiary sectors
- Shift in sectoral contribution to GDP
- Organised vs unorganised sectors
- Economic Planning in India
- Five-Year Plans and their objectives
- NITI Aayog and replacement of Planning Commission
- Rolling plans and indicative planning
- Economic Reforms since 1991
- Liberalisation, Privatisation and Globalisation (LPG)
- New Economic Policy reforms
- Basic Concepts of Economy
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Poverty, Inequality and Unemployment
4 topics- Poverty Estimation and Alleviation
- Tendulkar and Rangarajan committees
- Poverty line and multidimensional poverty index
- Anti-poverty programmes
- Inequality
- Gini coefficient and Lorenz curve
- Income and wealth inequality in India
- Unemployment
- Types of unemployment (disguised, structural, frictional, seasonal)
- NSSO and PLFS employment data
- Employment generation schemes
- Human Development
- Human Development Index and components
- Sustainable Development Goals
- Poverty Estimation and Alleviation
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Agriculture and Rural Development
3 topics- Agriculture in the Indian Economy
- Green, White and Blue revolutions
- Cropping patterns and food security
- Agricultural marketing and MSP
- Rural Development
- Rural infrastructure and connectivity
- Panchayati Raj institutions and 73rd Amendment
- Rural credit and cooperatives
- Rural Employment and Welfare Schemes
- MGNREGA
- PM-KISAN, PMAY-Gramin and DAY-NRLM
- Agriculture in the Indian Economy
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Social Structure, Demographics and Welfare
4 topics- Demographics of India
- Census and demographic dividend
- Population policy and dynamics
- Social Sectors
- Education and literacy
- Health, nutrition and public health schemes
- Women and child welfare
- Social Justice and Empowerment
- SC, ST, OBC and minority welfare
- Tribal development and PESA
- Urbanisation and Migration
- Smart cities and urban governance
- Internal and international migration
- Demographics of India
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Globalisation and Sustainable Development
3 topics- Globalisation and the Indian Economy
- International trade and WTO
- FDI, FII and balance of payments impacts
- Sustainable Development and Climate Change
- Environment-development trade-offs
- Climate finance and carbon markets
- India's climate commitments (NDCs, Net Zero)
- Social Infrastructure and Environment
- Energy and infrastructure development
- Environmental degradation and sustainability
- Globalisation and the Indian Economy
NABARD Grade A Economic and Social Issues (ESI) flashcards — 51 questions with answers
What is the difference between microeconomics and macroeconomics?
Microeconomics studies individual units (households, firms, single markets) and how they allocate resources and set prices. Macroeconomics studies the economy as a whole, dealing with aggregates like national income, inflation, unemployment, and growth.
Define GDP, and distinguish nominal GDP from real GDP.
GDP (Gross Domestic Product) is the total market value of all final goods and services produced within a country's domestic territory in a year. Nominal GDP is measured at current prices; real GDP is measured at constant (base-year) prices, removing the effect of inflation.
What is the difference between GDP and GNP?
GDP measures output produced within a country's domestic boundary. GNP (Gross National Product) = GDP + Net Factor Income from Abroad (income earned by residents abroad minus income earned by foreigners domestically).
How are the three sectors of an economy classified?
Primary sector (agriculture, mining, extraction of natural resources); Secondary sector (manufacturing, construction, industry); Tertiary sector (services). Some add Quaternary (knowledge/IT) and Quinary (high-level decision-making) sectors.
What is the approximate sectoral composition of India's GDP by share?
Services dominate (around 53-55%), followed by Industry (around 25-27%), and Agriculture and allied activities (around 16-18%), though agriculture still employs the largest share of the workforce (~45%).
What is the difference between economic growth and economic development?
Economic growth is a quantitative increase in real national output/GDP. Economic development is broader and qualitative, including growth plus improvements in living standards, health, education, equity, and reduction in poverty.
When did India launch its Five-Year Plans, and which model inspired the Second Plan?
India launched Five-Year Plans in 1951 (First Plan, 1951-56). The Second Plan (1956-61) was based on the Mahalanobis model, emphasizing heavy industry and capital-goods development.
What replaced the Planning Commission, and in which year?
NITI Aayog (National Institution for Transforming India) replaced the Planning Commission on 1 January 2015. It is a policy think-tank promoting cooperative federalism rather than allocating funds.
What was the focus of India's First Five-Year Plan?
The First Five-Year Plan (1951-56) was based on the Harrod-Domar model and focused on agriculture, irrigation, and power to address the post-Partition food crisis.
What were the three main components of the 1991 economic reforms (LPG)?
Liberalisation (reducing licenses/controls), Privatisation (greater private-sector role, disinvestment of PSUs), and Globalisation (integration with the world economy through trade and capital flows).
What triggered India's 1991 economic reforms?
A severe balance-of-payments crisis: foreign exchange reserves fell to enough for only about two weeks of imports, forcing India to pledge gold and adopt IMF-backed structural reforms.
What was the New Industrial Policy of 1991?
It abolished industrial licensing for most industries (License Raj), reduced the number of industries reserved for the public sector, removed MRTP-related restrictions on large firms, and liberalised foreign investment.
What is the Tendulkar Committee's contribution to poverty estimation in India?
The Tendulkar Committee (2009) defined poverty using a consumption-expenditure-based poverty line (MPCE) and estimated poverty at about 21.9% (2011-12), basing the line on a basket covering food, education, and health rather than only calorie intake.
What is the Rangarajan Committee's poverty estimate compared to Tendulkar's?
The Rangarajan Committee (2014) raised the poverty line and estimated poverty at about 29.5% for 2011-12, higher than the Tendulkar estimate of 21.9%, using separate rural and urban consumption baskets.
What is the difference between absolute poverty and relative poverty?
Absolute poverty is the inability to meet a fixed minimum standard (e.g., a poverty line). Relative poverty measures deprivation compared to the rest of society (e.g., those below a fraction of median income), and persists even as incomes rise.
What is the Multidimensional Poverty Index (MPI)?
The MPI, by UNDP/OPHI, measures poverty across three dimensions—health, education, and standard of living—using 10 indicators. A person is multidimensionally poor if deprived in at least one-third of the weighted indicators.
What is the Gini coefficient and its range?
The Gini coefficient measures income/wealth inequality, derived from the Lorenz curve. It ranges from 0 (perfect equality) to 1 (perfect inequality); higher values indicate greater inequality.
What is the Lorenz curve?
A graph plotting the cumulative percentage of total income against the cumulative percentage of the population. The further the curve bows away from the 45-degree line of equality, the greater the inequality.
How is the unemployment rate defined?
Unemployment rate = (Number of unemployed persons / Total labour force) x 100, where the labour force = employed + those seeking and available for work. It is measured in India by the PLFS (Periodic Labour Force Survey).
Distinguish disguised unemployment from structural unemployment.
Disguised unemployment occurs when more people are employed than needed (common in agriculture) so marginal productivity is near zero. Structural unemployment arises from a mismatch between workers' skills/location and available jobs due to economic change.
Show the other 31 Economic and Social Issues (ESI) flashcards
What is frictional unemployment versus cyclical unemployment?
Frictional unemployment is short-term joblessness while people transition between jobs or enter the labour force. Cyclical unemployment results from downturns in the business cycle (recessions) when aggregate demand falls.
What are LFPR and WPR in the PLFS?
LFPR (Labour Force Participation Rate) is the percentage of population in the labour force (working or seeking work). WPR (Worker Population Ratio) is the percentage of population that is actually employed.
What is the Human Development Index (HDI) and its three dimensions?
The HDI, published by UNDP, measures average achievement in three dimensions: a long and healthy life (life expectancy), knowledge (mean and expected years of schooling), and a decent standard of living (GNI per capita, PPP). It ranges from 0 to 1.
Who developed the concept underlying the Human Development Index?
The HDI was developed by economists Mahbub ul Haq and Amartya Sen, first introduced in the UNDP's Human Development Report in 1990.
What is the Green Revolution in India?
The Green Revolution (mid-1960s onward, led by M.S. Swaminathan with Norman Borlaug's HYV seeds) dramatically raised foodgrain output—especially wheat and rice—through high-yielding-variety seeds, irrigation, fertilizers, and pesticides, making India self-sufficient in foodgrains.
What is Minimum Support Price (MSP)?
MSP is the guaranteed price at which the government purchases certain crops from farmers to protect them from price falls. It is announced by the government based on recommendations of the CACP (Commission for Agricultural Costs and Prices).
What are the White, Blue, and Yellow Revolutions in India?
White Revolution = milk/dairy (Operation Flood, Verghese Kurien); Blue Revolution = fish/aquaculture production; Yellow Revolution = oilseeds production.
What is the difference between food security and the Public Distribution System (PDS)?
Food security means physical and economic access to sufficient, safe, nutritious food for all. The PDS is the government mechanism distributing subsidised foodgrains through fair-price (ration) shops to ensure that security, strengthened by the National Food Security Act, 2013.
What is MGNREGA and what does it guarantee?
The Mahatma Gandhi National Rural Employment Guarantee Act (2005) guarantees at least 100 days of wage employment per financial year to every rural household whose adult members volunteer for unskilled manual work; it is a legal right-based scheme.
What is the objective of the PM Awas Yojana - Gramin (PMAY-G)?
PMAY-G aims to provide a pucca house with basic amenities to all rural homeless households and those living in dilapidated/kutcha houses, working toward 'Housing for All'.
What is the Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)?
It is a poverty-alleviation scheme that organises rural poor women into Self-Help Groups (SHGs), providing them access to credit, skills, and livelihoods to promote self-employment and financial inclusion.
What is the difference between BPL and APL households?
BPL (Below Poverty Line) households are those whose income/consumption falls below the official poverty line and are eligible for greater subsidies. APL (Above Poverty Line) households are above that line and receive fewer or no welfare benefits.
What was India's population and decadal growth rate per the 2011 Census?
India's population in the 2011 Census was about 1.21 billion, with a decadal growth rate of 17.7% (2001-2011), the lowest since independence at that time.
What is the sex ratio, and what was India's per the 2011 Census?
Sex ratio is the number of females per 1,000 males. The 2011 Census recorded India's sex ratio at 943, and the child sex ratio (0-6 years) at 919, the lowest since independence.
What is the demographic dividend?
The demographic dividend is the economic growth potential arising when a country has a large share of working-age population (15-64) relative to dependents, provided there is adequate employment, skills, and health investment.
What are the three stages of demographic transition relevant to India?
Demographic transition moves from Stage 1 (high birth and death rates), to Stage 2 (high birth, falling death rates—rapid growth), to Stage 3 (falling birth rates, low death rates). India is largely in the later part of Stage 2 / Stage 3.
What is the Total Fertility Rate (TFR) and India's current status?
TFR is the average number of children a woman bears in her lifetime. India's TFR has fallen to about 2.0, now below the replacement level of 2.1.
What does Infant Mortality Rate (IMR) measure?
IMR is the number of deaths of infants under one year of age per 1,000 live births in a given year. It is a key indicator of a country's health and development status.
What is the Maternal Mortality Ratio (MMR)?
MMR is the number of maternal deaths (during pregnancy, childbirth, or within 42 days of termination) per 100,000 live births. India's MMR has declined to around 97 (latest SRS data).
What is Ayushman Bharat (PM-JAY)?
Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana is a national health-protection scheme providing health cover of up to Rs 5 lakh per family per year for secondary and tertiary hospitalisation to poor and vulnerable families.
What is the Right to Education (RTE) Act, 2009?
The RTE Act makes free and compulsory education a fundamental right for all children aged 6-14 years (Article 21A), mandating norms for schools and reserving 25% seats in private schools for disadvantaged groups.
What are reservations under Articles 15 and 16 of the Indian Constitution?
Article 15 prohibits discrimination and allows special provisions for socially and educationally backward classes, SCs, and STs. Article 16 guarantees equality of opportunity in public employment and permits reservations in appointments for backward classes.
What is the Mahila Samman / women empowerment goal of social justice schemes like Beti Bachao Beti Padhao?
Beti Bachao Beti Padhao aims to prevent gender-biased sex selection, ensure survival and protection of the girl child, and ensure her education and participation—addressing the declining child sex ratio and empowering women.
What is the difference between urbanisation and a metropolitan city in India?
Urbanisation is the increasing share of population living in urban areas (about 31% per 2011 Census, rising). A metropolitan city in India is an urban agglomeration with a population of one million or more.
What are push and pull factors of migration?
Push factors drive people away from origin areas (poverty, unemployment, droughts, lack of services). Pull factors attract people to destinations (jobs, higher wages, education, better amenities). Most internal migration in India is rural-to-urban for work and marriage.
What is the Smart Cities Mission?
Launched in 2015, the Smart Cities Mission aims to develop 100 cities with sustainable infrastructure, clean environment, and smart technology-driven services (water, sanitation, mobility, e-governance) to improve quality of urban life.
What is globalisation, and how did it accelerate in India after 1991?
Globalisation is the integration of a country's economy with the world through trade, capital, technology, and labour flows. After 1991, India accelerated it via reduced tariffs, removal of quantitative restrictions, liberalised FDI, and convertibility of the rupee.
What is the difference between FDI and FPI?
FDI (Foreign Direct Investment) involves a lasting management interest/control in an enterprise (usually 10%+ stake) and is long-term. FPI (Foreign Portfolio Investment) is investment in financial assets like stocks/bonds without control, and is more volatile (hot money).
What is Sustainable Development?
Sustainable development, defined by the Brundtland Report (1987), is development that meets the needs of the present without compromising the ability of future generations to meet their own needs, balancing economic, social, and environmental goals.
How many Sustainable Development Goals (SDGs) are there and when were they adopted?
There are 17 Sustainable Development Goals with 169 targets, adopted by UN member states in 2015 under the 2030 Agenda for Sustainable Development, to be achieved by 2030.
What is the difference between the UNFCCC, the Kyoto Protocol, and the Paris Agreement?
The UNFCCC (1992) is the parent climate treaty. The Kyoto Protocol (1997) set binding emission-reduction targets only for developed countries. The Paris Agreement (2015) commits all countries to Nationally Determined Contributions to limit warming to well below 2°C, ideally 1.5°C.
NABARD Grade A Economic and Social Issues (ESI) FAQ
What is in the NABARD Grade A Economic and Social Issues (ESI) syllabus?
NABARD Grade A Economic and Social Issues (ESI) is split into 5 chapters: Nature and Structure of the Indian Economy, Poverty, Inequality and Unemployment, Agriculture and Rural Development, Social Structure, Demographics and Welfare and Globalisation and Sustainable Development. Together they contain 18 topics and 45 sub-topics.
How many chapters are in NABARD Grade A Economic and Social Issues (ESI)?
5 chapters, containing 18 topics and 45 sub-topics. The largest chapter is Nature and Structure of the Indian Economy, with 4 topics.
Are there flashcards for NABARD Grade A Economic and Social Issues (ESI)?
Yes — a 51-card Economic and Social Issues (ESI) deck, printed in full in the flashcards section of this page and available in the Examius app with spaced repetition. The free plan covers one exam of your choice, including its flashcards; Examius Pro, a one-time purchase, unlocks every other exam and deck.