Over the 12 years since I have been writing the book, Indian Economy, I have been fortunate enough to interact with many readers of the book. The majority are aspirants of the UPSC exam and some are preparing for other competitive examinations.
Considering the pattern and syllabus of the Civil Services Examination, an important component of both Prelims and Mains is the GS Paper. A good weightage has been given to Economic and Social Development segment in the civil services exams in the general studies (GS) papers— at both preliminary and main levels. Usually, covered under the title Indian Economy, the segment is popularly called GS Economy (for Preliminary and Main exams) by aspirants. This segment is equally important for the essay paper, interview and the optional subjects belonging to humanities.
The Common Admission Test is an online examination for admission in Management courses in various institutions in India, including the coveted IIMs. With almost 2 lakh aspirants taking the exam every year, the significance of this aptitude examination has only increased over the years. This is why students need to understand the level of competition that awaits them if they are targeting the premium MBA institutes in India such as IIMs, ISB and so on. With the cut off consistently between 99 and 100 percentiles over the past few years, what a student must understand is the importance of planned and strategic preparation for the CAT.