Detailed Strategy for NABARD Grade A – Economic & Social Issues Paper

Dear
Aspirants,
We
have received a lot of requires from you to write a preparation guide for the
Economic and Social Issues paper of NABARD 2017 Examination. Therefore we’ve
devised a preparation strategy for your NABARD ESI paper preparation.
As
you all must be aware, there’s been a slight change in the exam pattern of
NABARD Phase 1 this year. The weightage given to the ARD (Agriculture and Rural
Development) section and the ESI (Economic and Social Issues) section have been
increased from 25 to 40 marks. Whereas the weightage given to the Quant and
Reasoning papers of NABARD Phase 1 have been reduced from 30 to 20 marks and 40
to 20 marks respectively. However, the overall pattern of the NABARD exam and
the type of questions remain the same.
In
the following article we are providing you
preparation tips and guide to effectively prepare for the
ESI paper:
What to study?
We
suggest you refer to the NABARD Official syllabus given on their website
alongside the notifications. However, following is list of topics that appeared
in the previous year question paper of NABARD ESI. Please note that the
following list if only indicative and not exhaustive:
  • Nature of Indian Economy
  • Opening up of Indian Economy – LPG
  • Inflation
  • Indian Planning
  • Poverty Alleviation
  • Employment Generation
  • Population
  • Agriculture
  • Industry and Labor
  • IMF
  • World Bank
  • WTO
  • Regional Economic Cooperation
  • Social Structure in India
  • Urbanization
  • Migration
  • Gender Issues
  • Education
  • Health
  • SC/ST/OBC issues and schemes
  • Social movement
  • Indian Political system
  • Human development
  • Current affairs

Kind
of questions you can expect in 2017 based on
2016 ESI question paper
analysis
:
  • You can expect questions from schemes and sub-schemes launched for
    the welfare of Economy and Social like Pradhan Mantri Jan-Dhan Yojana (PMJDY),
    Jan Aushadi, Pradhan Mantri Ujjwala Yojana (PMUY), Shyama Prasad
    Mukherji Rurban Mission (SPMRM), Pradhan Mantri Kaushal Vikas Yojana (PMKVY),
    Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY)
    , etc.
  • Also from the committees set up by the government l(ike Shanta Kumar Committee), and social sector programs and missions (like Indradhanush) launched by the Government
  • Ranks of India on various indexes
  • Autonomous agencies launched by the Government of India like the National Skill Development
    Agency
    launched by Ministry of Skill Development and Entrepreneurship
  • Questions from the Economic Survey
  • Currents affairs on topics like department of disinvestment, overdrafts, etc. based on Economy
  • Passage based questions related to current affairs (like the firing of the air hostess, being a good Samaritan,
    reservations, etc.)

Preparation Tips & Strategy for NABARD ESI Paper
Start
your preparation by dividing your schedule broadly into two categories: Current
Affairs preparation and Static preparation.
  • Pick a topic from the syllabus
  • Read up about it and understand the concept
  • Read important current affairs related to that concept including
    the facts and figures

ESI Static Preparation tips and strategy
If
you had studied Economics and Social studies as part of your graduation, you
don’t really need t go through the basics of Economic and Social issues. But,
if you think you need to get your fundamentals in place, we suggest you read
Economics and Social studies textbooks of NCERT 8th to 12th
grade. But do not read these books cover to cover as it will only confuse you.
Make sure you do selective reading of the most important topics only. Learn
Economic concepts for the static part about Census, Schemes, Social reforms,
movements, etc.

Make
sure you know the full-forms of schemes and sub-schemes and not only the
abbreviated forms. Most of the questions in the exam will contain the
abbreviated form only. So it’s important that you know the full-forms of schemes.
We
suggest you don’t spend a lot of time on the static part of your preparation.
Most of the questions that appeared in the previous years’ Economic and Social
issues paper were current affairs based.
NOTE: Having said the above, we
suggest you don
t entirely base your preparation on previous year ESI paper
analysis alone. Use it as a guideline to prepare for this year.
ESI Current affairs Preparation tips and strategy
After
analyzing previous year NABARD ESI paper we realized that most of the questions
were current affairs based and were published in articles in newspapers like
The Hindu and magazines like the Yojana, and reports like Union Budget,
Economic Survey and government schemes.
Therefore
we suggest you, cover the current affairs based on Economics and Social issues
of the past 1 year. Memorize facts, data, figures, like percentages and
numbers. The questions will be mostly based on schemes, sub-schemes, banking
and social sector, economic sector, etc. Follow news related to these and also
follow government notices and annual reports.
We
suggest you keep your study material for NABARD ESI minimum. Don’t hoard too
many books or practice papers. These will only end up confusing and
intimidating you more.
ESI
syllabus is vast and can intimidate a lot of people. But, reading books cover
to cover to understand the ESI concepts will confuse you further, as you might
end up spending time on topics that aren’t even in the syllabus of ESI.
Therefore, we suggest you take NABARD Mock Tests to save your time and energy.

Why
should you take NABARD Mock Tests?
NABARD
mock tests are created by exam toppers and experts from the industry after
thorough research and analysis, keeping in mind the latest exam pattern and
syllabus of NABARD 2017. These mocks cover the most important topics for the
exam and give you a fair idea of the difficulty level and exam pattern. Taking
mock tests will give you a taste of the actual exam you will be giving, to
familiarize you with it.
You
can use the feedback given by mock tests on your performance (speed, accuracy,
strong and weak areas) to find-tune your NABARD ESI 2017 exam preparation, and
save your precious time and energy.

Take a free trial: NABARD Economic and
Social Issues Mock Tests

Books
  • Social & Economic Problems in India by Naseem A Azad
  • Indian Economy by Ramesh Singh
  • Social Problems in India by Ram Ahuja
  • Indian Social System by Ram Ahuja

Reports
  • The Economic Survey of India
  • The Union Budget
  • Press Information Bureau [PIB]
  • Policy reviews of the Government of India

Magazines
  • Yojana
  • Pratiyogita Darpan
  • Frontline

NOTE: Pick the best books for your preparation; there are lot of
books in the market that contain errors. Pick books with minimum errors and
ones that are most recommended by your peers. Don’t spend too much time in
reading these books cover to cover, like we mentioned above, do selective
reading of the most important concepts and topics.
Other
study material

We
hope the above helps you kick-start and ace your ESI preparation.
All
the best!

This post was last modified on November 27, 2017 8:51 am