Economy Basics Marathon: GDP-GNP Formula, CPI-WPI Inflation, Poverty BPL line, etc

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Timestamps
00:00:00 Introduction
00:00:47 Intro to Six basic concepts of economy
00:03:14 Poverty Estimation- World Bank Definition
00:07:31 Poverty Estimation- UNDP MPI
00:11:09 Poverty BPL Line- Tendulkar committee
00:18:29 UPSC PYQ on State-wise Poverty Line
00:21:12 Social economic Caste Census (SECC)
00:27:48 Inflation vs Purchasing Power
00:33:04 Inflation helps debtors how
00:35:53 Inflation WPI-CPI
00:43:21 GDP definition
00:44:51 GDP calc. Expenditure method
00:52:46 GDP calc. other methods
00:55:40 Nominal GDP vs Real GDP
00:58:27 GDP Deflator vs CPI & WPI
01:01:52 GNP & NDP formulas
01:08:38 Weak Currency helps exporters how
01:20:25 3 Currency exchange regime
01:37:21 Budget Taxation Overview
01:41:59 RBI Monetary Policy CRR Repo Overview
01:52:16 How to prepare economy through self study?
01:55:12 Mrunal’s upcoming economy course PCB12 & QEP4
02:00:42 Strategy for 2025 Prelims and Mains
02:02:53- Strategy for last 30 days of 2024 Prelims
02:05:46 Unacademy offerings

In this video, Dr Mrunal Patel will explain the six core concepts of economy that every aspirant for every competitive exam must be aware i.e. 1. RBI Monetary Policy, 2. Budget Taxation, 3. Currency Exchange, 4. GDP Calculation, 5. Inflation CPI-WPI Calculation, 6. Poverty Estimation.
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Let's crack it 🚀

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