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Absolutely Essential 550 MCQs of Economy for Prelims 2024 | Concept Building with Satyam Jain

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UnderStand UPSC

UnderStand UPSC

Күн бұрын

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This is the first lecture in a series of 550 Economy MCQs by Vivek Singh Sir.
It is an absolute must for UPSC Prelims 2024 as Economy amounts to 40 Marks.
This will be a single stop solution for all Economy related concepts

Пікірлер: 408
@UnderStandUPSC
@UnderStandUPSC Жыл бұрын
t.me/UnderStandUPSC
@nag1010
@nag1010 6 ай бұрын
Q9. Statement 4 is given correct in solution gnp is gdp NFIA ????
@rakeshchoudhary5968
@rakeshchoudhary5968 6 ай бұрын
28 questions ka ans D diya hua hae
@ishtiyaqhussain1191
@ishtiyaqhussain1191 6 ай бұрын
Answer of question 23 should be -I’ve because of the of marginal diminishing returns
@akashdubey4517
@akashdubey4517 5 ай бұрын
Sir ,Subsidy is not part of gdp or ni bcs it is a transfer income
@aloknishad1285
@aloknishad1285 5 ай бұрын
28:59 Ques.7 national income =NNP@FC
@atul.binda.mithlesh
@atul.binda.mithlesh Жыл бұрын
I have solved roughly 100 questions from these 550 questions and every question is worth it .
@gaurav5911
@gaurav5911 5 ай бұрын
They are too conceptual and analytical. UPSC will not ask such questions much. I've also solved 250 questions and enjoy these highly logical questions but eventually I realised such questions aren't asked. So, I diversified my question bank resources.
@nehasinghrajput8200
@nehasinghrajput8200 5 ай бұрын
​@@gaurav5911 so should one go for testseries only or this book will help acing things??
@sandiprathod4686
@sandiprathod4686 5 ай бұрын
​@@nehasinghrajput8200 I think go with PYQ's
@nehasinghrajput8200
@nehasinghrajput8200 5 ай бұрын
@@sandiprathod4686 I have solved pyq but now for practice I need ques
@adityapratapsingh3624
@adityapratapsingh3624 4 ай бұрын
​@@gaurav5911 what are your diversified sources
@sangamposwal4771
@sangamposwal4771 6 ай бұрын
Some people come into life like a blessing 🥳🥳🥳👍👍👍👏👏
@graduatedmaths
@graduatedmaths 6 ай бұрын
So true
@deepkaur7933
@deepkaur7933 6 ай бұрын
What I realized after this video is although having conceptual clarity still I get some answers wrong and the problem lies in my way of approaching them, I miss out on words like could, necessarily, will and these words guide the direction of questions, and another learning was keeping question similar and keeping industry and machine in mind. Thankyou Sir for guiding and teaching so wonderfully..
@ubaidrasool4261
@ubaidrasool4261 6 ай бұрын
1:13:47 pe sir ko thodi se hansie aate hei , .... Samjai kuch😂
@Ratnamrecommend
@Ratnamrecommend Жыл бұрын
Sir, aapne itne achhe se padhaaya ki Concepts ke revision ke saath saath clarity bhi aagayi. Bahut bahut dhanyawad sir.🙏🏻🙏🏻
@arvindnirvan8726
@arvindnirvan8726 6 ай бұрын
Sir g ( emotionally " Bhaiya")....kya miracle h aaapke andaz-e- bayaan me ...gzbb ki khusi and conceptual understanding ho rhi economics ki aapse pdh k...kahna to nhi chahiye but aap IAS bno n bno ....bna jrur denge bahuto ko...u may not be a king but certainly u r a king maker....lots of love to u
@Drishtikashyap24
@Drishtikashyap24 Жыл бұрын
Topics to read -Icor -marginal productivity of capital -CPI and WPI -GDP Deflator -income elasticity of demand - term of trade -balance of payment -
@alwayscool2024
@alwayscool2024 9 ай бұрын
Sir apki voice is like all RJ fails in front of you 🙏🙏great and your knowledge and way of explaining things is like mind blowing for us😊
@UnderStandUPSC
@UnderStandUPSC 9 ай бұрын
Thanks a ton
@maira0701
@maira0701 4 ай бұрын
agreed 😅
@Tgbatches
@Tgbatches 3 ай бұрын
revising for 4th time @2x simultaneously solving the mcqs ....Your student from HY RISE initiative. Thanks a lot sir for everything.
@prachirajput6521
@prachirajput6521 6 ай бұрын
Bhaiya, que no. 7 mein aapne btaya national income=nnp @market price but according to ncert and other website, national income = nnp@ factor cost
@ayushdubey1821
@ayushdubey1821 5 ай бұрын
Market price is the new measurement criterion
@Ashuuutoshhh
@Ashuuutoshhh 8 ай бұрын
We love you more than your girlfriend ❤
@deepika3933
@deepika3933 5 ай бұрын
Who is his girlfriend?
@user-mi4wf2wx9k
@user-mi4wf2wx9k 5 ай бұрын
Hope your gf reeads it😂😂, btw just joking hehe, no offense , we love styam sir too very much
@prajjwalpandey6709
@prajjwalpandey6709 5 ай бұрын
Bro. Ashutosh is Sigma single 😂😂​@@user-mi4wf2wx9k
@shaanpaul484
@shaanpaul484 3 ай бұрын
Bhai control.. itna bhi pyaar sahi nhi.
@adarshrathiiiiiiiiiiiii
@adarshrathiiiiiiiiiiiii 3 ай бұрын
😂ye kesi sautan bngye bhai
@Tgbatches
@Tgbatches 5 ай бұрын
thank you so much sir..revising it for 2nd time.
@raghavjha9521
@raghavjha9521 7 ай бұрын
DEEP DIVING THROUGH THE CONCEPTS. WOW ! WHAT EXPLAINED.!
@samreenkhan5391
@samreenkhan5391 Жыл бұрын
Never had a better understanding of economy concepts before.. thankyou sir ❤ and I am grateful to Allah for sending you as a saviour 😊 we have full trust in this initiative. Learning from the best😊😊❤
@Pppttsqrtttmmn
@Pppttsqrtttmmn 10 ай бұрын
This is vivek singh book . He is just too Good
@manjushri4015
@manjushri4015 7 ай бұрын
So clear in concepts and application.. my aversion for economics is gone..thank you so much sir
@shwetakumari5732
@shwetakumari5732 6 ай бұрын
Thankyou very much Sir.. isko pdhne ke baad lgra hai ki Economics toh srf ques krke hi revise hojayegi. No handouts, No notes, Just your dedicated lectures.
@V_jay02
@V_jay02 Жыл бұрын
43:10 question no (14) :- answer should be c both 1 and 2 , For example :- if a country export a mining machinery and whatever mined can be brought back to country so it is a investment for a country
@anuradhabhandari2942
@anuradhabhandari2942 5 ай бұрын
In question there is written- not part of investment so the statement become wrong. A is correct than
@abhishekrathour3137
@abhishekrathour3137 3 ай бұрын
Ques-23. If already at full potential then marginal productivity of capital would be zero na?
@rajminderkaur3923
@rajminderkaur3923 6 ай бұрын
Thank you sir 🙏 after watching this lecture all doubts are crystal clear and get more conceptual clarity.
@tusharsrivastava5165
@tusharsrivastava5165 Жыл бұрын
Sir question no.7 28:52 answer should be nnp at factor cost can you please confirm it..
@deekshamishra3916
@deekshamishra3916 6 ай бұрын
Yes same doubt!!
@khedhareeswari4700
@khedhareeswari4700 5 ай бұрын
@@deekshamishra3916 that is old we use to calculate nnp@fc but @2015 we decided to follow the report of UN system of accounts it suggests the basic prices in the sense govt provides subisidy and put tax at the production time and at the consumption time they give subsidy and tax so in between production and product we need to take so we took Gross value added@basic price and gdp @market price to calculate national income in simple product method gdp=all final goods and services produced/year so final goods ->market price
@deekshamishra3916
@deekshamishra3916 5 ай бұрын
Thanks@@khedhareeswari4700 for helping! I'll make a note of this :)
@aleya__5599
@aleya__5599 Жыл бұрын
Thank you sir for this wonderful video🙏__Being a Eco phobia student learning alot from you aapke ek ek ans ko dhyan se sun rhi hu or note down kr rhi.
@Learning_mind786
@Learning_mind786 6 ай бұрын
Sir, Q18 statement 3 is marginal productivity of capital (MPk )which is inverse of ICOR thats why it is wrong 55:43
@bts_1999_jiminpark
@bts_1999_jiminpark 5 ай бұрын
2nd time revising economy thru. Mcqs ❤ thank u so much SJ sir for the series😊 #economysedarnanahihai.
@Meghna1996
@Meghna1996 6 ай бұрын
Completed the whole session. Satyam bhaiya is unparallel!
@Win_ay
@Win_ay 6 ай бұрын
At present my status is full of confusions and disappointments after reading the book and attempting the MCQ. I’ll edit it if I will be able to clear all of my concept in which I’m making mistakes after watching this lecture. Thanks a lot for clearing my all of the doubts regarding this and this lecture slightly gave me the boost in my confidence.
@xyares1807
@xyares1807 Жыл бұрын
28:30 National income of a country is NNPfc as per NCERT and not NNPmp
@allinone-v3l
@allinone-v3l 6 ай бұрын
Tht is changed to market price after 2015!
@SOUMYAACHARYA006
@SOUMYAACHARYA006 6 ай бұрын
Lucid explanation ,building understanding of concepts.The way u explain things, makes them easy.
@avnigupta1210
@avnigupta1210 4 ай бұрын
Thank you so much bhaiya for this amazing series....It really helps a lot in building concepts with clarity.
@arafwrites013
@arafwrites013 6 ай бұрын
Lots of piyar form Bihar future IAS Saheb ❤
@jaysuryagoyal
@jaysuryagoyal 6 ай бұрын
Sir Bihar ke h kyy ?? Bahiya 😊
@rakhidhiman9968
@rakhidhiman9968 6 ай бұрын
I don't know Sir, the more I listen to you, the calmer and certain this upsc preparation gets. After I plug in your lectures, all exam worries are forgotten and the process of learning starts with no other thoughts. Can't express how big of an asset you are to this upsc community. One thing, you are best at, is INSPIRING PEOPLE. and thank you so much for doing that, it is very much needed and appreciated. ❤❤❤
@user-nq8rg7ve8r
@user-nq8rg7ve8r 6 ай бұрын
Feeling sorry for doing these lectures late... But taking from here lots of understanding, way of thinking during solving eco questions, Which will keeping me out from just rotting down concepts, as I am doing earlier. 🙏Thank you sir. Completing all lectures very soon
@Devi_Audiobooks
@Devi_Audiobooks 6 ай бұрын
Sir you stand true to your name🔥Upsc k सत्य se hame parichit krwane ke liye shukriya 🙏🏻
@Aspirantt847
@Aspirantt847 5 ай бұрын
Thank you Satyam sir... Watching it second time for the revision
@Shriya-01
@Shriya-01 Жыл бұрын
Thank u sir 🙏 appreciate the calmness with which u explained every basic point...very helpful...crystal clr 💯
@DivyaChoudhary22
@DivyaChoudhary22 Жыл бұрын
Wonderful session 🎉Thank you Sir for making such high efforts for us🙏❤
@saveriii
@saveriii 6 ай бұрын
This filled all the conceptual gaps of Chapter1 so perfectly. Thank you Sir.
@ojasvitripathi
@ojasvitripathi 4 ай бұрын
Thanks sir , Watched it for first time around 17 Feb 2024 Rewatching (for revision) it again on 6 April 2024✅️
@himanshuverma002
@himanshuverma002 4 ай бұрын
This session is very helpful for us.. Thanks for guiding us ...🙏🙏🙏🙏
@YEWALE297
@YEWALE297 6 ай бұрын
Truly a useful video ! Thankyou sir for gearing us up for uncertainties of economy 👍🏻
@Saadan_0
@Saadan_0 6 ай бұрын
Sir In question no 4 how can we calculate re exports in GDP calculation , sir ye to absolute waali condition hui ki agar hamne kuchh import kiya h to usse kuchh na kuchh faayda uthana h fir use export karna
@nikitaojha1809
@nikitaojha1809 6 ай бұрын
I wish ye sab pehle aati life me Can't thank you enough sir . What an explanation sir . Upsc selection ka to nai pata but aapse better explanation aur teacher maine to nahi dekha ab tak isse pehle . ❤🙏🏻
@BhanuYadav-jw1zb
@BhanuYadav-jw1zb 5 ай бұрын
Sir few corrections 28:30 NI is NNP at fc Base year for cpi is 2012 only and not 2011-2012
@UpliftmentYourself2023
@UpliftmentYourself2023 6 ай бұрын
"Are year concepts ke questions kaha Chale gaye" that was epic Sir Ji😊😁🙏🏿
@dineshrana69
@dineshrana69 Жыл бұрын
Thank you so much Sir ❤........... Sir sach me jitni baar bhi thank you bolu vo kam h kyuki itna quality contet to koi paid coaching me bhi ni karwata jo aapne free me available kiya h....i now it's have cost but realy sir tareef k liye words bhi ni h.....
@UnderStandUPSC
@UnderStandUPSC Жыл бұрын
Thanku Dinesh
@Shubham-zi1xf
@Shubham-zi1xf 3 ай бұрын
1:22:33
@foodieanyday
@foodieanyday Жыл бұрын
Conceptual clarity that we get after watching your videos🔥🔥😃🙏 Thank you sir😊👍
@pushkarbisht5113
@pushkarbisht5113 4 ай бұрын
thanks for the session.
@vandanapatidar7770
@vandanapatidar7770 6 ай бұрын
thank you soo much sir....its extremely helpful for us.
@shrutityagi4011
@shrutityagi4011 6 ай бұрын
Thanku so much sir .... Our country needs more PPL like u ❤
@akshatmangal4124
@akshatmangal4124 6 ай бұрын
Very helpful lecture . Cleared altmost all confusion thank you
@sanskritisingh1310
@sanskritisingh1310 5 ай бұрын
in 18th question, mathematically 3rd option means delO/delC, that's why it's incorrect, ICOR is delC/delO
@shayanisarkar9619
@shayanisarkar9619 6 ай бұрын
Thank you so much sir for this video It cleared my concept.
@ishubainada
@ishubainada 6 ай бұрын
thanku so much satyam sir really most helpful lectures ☺☺☺
@kamalikanag1570
@kamalikanag1570 Жыл бұрын
Bht ache se concept clear ho gya. Thank u sir🙏
@adityasapkale1428
@adityasapkale1428 6 ай бұрын
Very Nice Lecture Sir, ♥️ Able to build the conceptual understanding regarding the topic . Thank You 😊
@jhhgghh
@jhhgghh 4 ай бұрын
Sir, kindly revisit Q 23, the answer according to various sources is option c : Zero. The Output to Capital curve is a parabola with decreasing slope. Its evident from that curve that marginal increase in capital will only result in very marginal output. (Zero)
@kanchankannojia3264
@kanchankannojia3264 6 ай бұрын
sir i have followed the strategy as per you schedule it is literally going good...thankyou sir
@deepikayadav9910
@deepikayadav9910 6 ай бұрын
Long video.....but totally worth it.....thank u sir❤
@battalaraviteja
@battalaraviteja Жыл бұрын
thank you, anna. economy is my favourite from now
@istutichamoli997
@istutichamoli997 6 ай бұрын
Very fruitful session ❤.. thankyou for wonderful session sir
@dandwategaurang3143
@dandwategaurang3143 3 ай бұрын
Lot of these options+answers seem wrong or subjective. Eg. GNI is not of residents, but of Nationals living within & outside India.
@yadavtannu7836
@yadavtannu7836 6 ай бұрын
Thank you sir ❤ God will bless uhhhhh foreverrrrr ❤
@ashutosh19320
@ashutosh19320 Жыл бұрын
Great session ❤❤ Thank you for providing this🙏🙏
@farhin_akhtar
@farhin_akhtar 5 ай бұрын
thankuuu so muchh satyam sir... 🌟 brilliant series 🙌
@igaxad8395
@igaxad8395 6 ай бұрын
Kash sir esi language me MAD and PT365 bhi samjaye 😅... But maja aaya❤😍
@rajivsharma9462
@rajivsharma9462 6 ай бұрын
Thankyou so much sir, you are blessing for me 🙏🙏
@richaarya4914
@richaarya4914 5 ай бұрын
A great session of economy.. thank you so much sir.😊
@krishna_mandaliya21
@krishna_mandaliya21 6 ай бұрын
THANK YOU satyam bhaiyaa..
@kajalchouhan3611
@kajalchouhan3611 6 ай бұрын
Thank you so much sir ...a very good morning 🌞🎉
@Curiosity_78
@Curiosity_78 6 ай бұрын
Sir u r the best one❤..nd ur way of explaining the topics.. wonderful.... thankyou so much ❤aapki voice se mind me positivity aati h ✨
@tanvisawant111
@tanvisawant111 6 ай бұрын
Thankyou so much Sir! Grateful! ✨️💐
@snehil201
@snehil201 3 ай бұрын
Thank you! 🙏
@bharathiya1789
@bharathiya1789 6 ай бұрын
Truly indebted to you forever sir 🥺❤️ Thank you from the bottom of my heart 🙏Was feeling really low after a loss of my family member. Waiting for ur pt365 lectures. I really wish u become an IAS officer and power Bharath❤️
@samar19999
@samar19999 6 ай бұрын
Thank you sir❤❤all doubts cleared.
@saanchisingh8544
@saanchisingh8544 6 ай бұрын
Thank you sir lecture se hi doubts clear hogye majorly Highly grateful
@prasad5066
@prasad5066 Жыл бұрын
Great session very helpful...pls complete this series asap
@vaishalishaktawat-cp1mf
@vaishalishaktawat-cp1mf 3 ай бұрын
sir just wanted to say, you are like a blessing for many students thankyou so much sir ji 😇
@r.krishnaveni885
@r.krishnaveni885 6 ай бұрын
Thank you so much sir. I am blessed. ❤
@naquijilani5211
@naquijilani5211 3 ай бұрын
God bless you sir.....as exam is near things are getting complicated And here I got your videos...which is a boon for me... Once again thank you 😊
@SURABHI-ht5un
@SURABHI-ht5un 6 ай бұрын
Thank you so much, Sir 🙏 Very helpful ... All doubts cleared Sir 😊
@ankitshukla6910
@ankitshukla6910 6 ай бұрын
Thank you so much, sir. Grateful.
@saymaansari1033
@saymaansari1033 6 ай бұрын
Thank you so much sir 🙏😊❤
@Unstoppable745
@Unstoppable745 6 ай бұрын
Thank you so much sir!! 🌈✨
@shanumanhas9474
@shanumanhas9474 6 ай бұрын
Thanku so much sir❤
@ManjuSharma-nt3ee
@ManjuSharma-nt3ee Ай бұрын
Thanks
@VipulChander
@VipulChander 6 ай бұрын
Great! Thank you
@Gayatri_1122
@Gayatri_1122 6 ай бұрын
This 1:38:19 was productive . I thankful by heart ,realy nicely explained the concept .
@ganeshkadam3735
@ganeshkadam3735 6 ай бұрын
Very helpful…Thank you sir
@kiddiecorner.
@kiddiecorner. 6 ай бұрын
Thank you very much sir it's really help full 👍
@Karan-wz7pt
@Karan-wz7pt 6 ай бұрын
Thankyou Sir.
@viveksehrawat6491
@viveksehrawat6491 6 ай бұрын
Sir, kindly continue uploading the prelims related facts from newspaper, which you uploaded 3-4 days. It is very helpful, plz continue
@vakaliyanauman6312
@vakaliyanauman6312 5 ай бұрын
Sir i have an doubt that is national income calculated at market price because i had tryed to find in many videos but had not found in any so pls confirm me once if possible..... 🙏🙏
@Khanlife
@Khanlife 5 ай бұрын
I have checked with so many resources but everywhere GDP is define as final product produce in a geographical boundary of a country but in 1st question sir told bit different Is there any one who can tell me the right one ?
@vikalptomar6038
@vikalptomar6038 5 ай бұрын
Final goods & Services produced with geo boundary regardless of the nationality of the individual or firm. ........ Domestic territory is the geographical territory administered by the government within which persons, goods, services and capital freely flow. It includes: • Political frontiers including territorial water and air space; • Indian Embassies and Consulates; •Military bases located abroad, • Ships and aircrafts owned and operated by residents between 2 or more nations, fishing vessels, oil and natural gas rigs etc. operated by the residents of a country in the international waters where they have exclusive rights of operation.
@shikharikasingh2106
@shikharikasingh2106 5 ай бұрын
Thnq so much bhaiya 🎉
@Lavi662
@Lavi662 4 ай бұрын
NNP at factor cost=national income*....que no 7. .... Correction needed maybe
@Ddraco02
@Ddraco02 6 ай бұрын
thankyou sir for the effort
@unfiltered_13
@unfiltered_13 6 ай бұрын
Thank you Sir❤
@arbaz1754
@arbaz1754 6 ай бұрын
Thank you so much
@ishitasingh563
@ishitasingh563 6 ай бұрын
Tu hi daata, bhagyavidhata, jag mein sacho tere naam, hey Satyam Sir 🙏🙏 Bohot shukriyaa Sir, for this. No idea how will we ever repay you. Maybe we will. We MUST. We CAN!
@advaithg9378
@advaithg9378 6 ай бұрын
Thanku sir. very helpful 🙏🙏
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