The Kerala Public Service Commission (Kerala PSC) plays a pivotal role in recruiting candidates for various government posts in the state of Kerala, India. Each year, thousands of aspirants participate in the Common Preliminary Examination conducted by the Kerala PSC, aiming to secure a position in the government sector. The recently conducted Kerala PSC Common Preliminary Examination 2024 on May 11, 2024. Candidates can download common preliminary Exam Question paper and Answer Key given below. Answer Key Unveiled: With the conclusion of the Kerala PSC Common Preliminary Examination 2024, aspirants eagerly await the release of the answer key. The answer key serves as a crucial tool for candidates to assess their performance, providing them with insights into their strengths and areas needing improvement. Let's delve into the key highlights and analysis of the answer key for the Kerala PSC Common Preliminary Examination 2024. Kerala PSC Common Preliminary Examin
Preparing for the Kerala PSC (Public Service Commission) exam is no small feat. With the competition becoming more intense every year, aspirants need to be thorough with a wide array of subjects. One of the most critical areas for the Kerala PSC is the Indian Constitution, which forms the backbone of several questions across prelims, mains, and interviews. For aspirants to maximize their understanding and retention of constitutional knowledge, mock tests play an invaluable role. In this blog, we will dive into why mock tests are essential for Kerala PSC preparation, especially for the Indian Constitution section, and how they can give you the competitive edge you need to succeed. Why the Indian Constitution is Essential for Kerala PSC Exams The Indian Constitution is more than just a document; it’s the foundation of India’s legal, social, and political structure. Understanding its principles, articles, amendments, and case laws is crucial for any government job, particularly for roles
Preparing for the Kerala Public Service Commission (PSC) exams is a challenging journey that requires strategic preparation and a solid understanding of various subjects, including facts about India. Mock tests play a critical role in helping candidates gain confidence, manage time, and become familiar with commonly asked questions. In this blog post, we’ll discuss why mock tests are essential, provide insights into key Indian facts to focus on, and highlight commonly repeated Kerala PSC questions to boost your preparation. Why Kerala PSC Mock Tests Are Essential for Exam Success Mock tests have become a crucial part of effective PSC exam preparation. Here’s why: Boosting Confidence and Reducing Exam Anxiety: Mock tests simulate the actual exam environment, allowing candidates to experience the pressure and timing of the exam beforehand. This helps in reducing nervousness and improves confidence. Time Management Skills: Kerala PSC exams are time-bound, so it's crucial to a
The Kerala Public Service Commission (Kerala PSC) plays a pivotal role in recruiting candidates for various government posts in the state of Kerala, India. Each year, thousands of aspirants participate in the Common Preliminary Examination conducted by the Kerala PSC, aiming to secure a position in the government sector. The recently conducted Kerala PSC Common Preliminary Examination 2024 on May 11, 2024. Candidates can download common preliminary Exam Question paper and Answer Key given below. Answer Key Unveiled: With the conclusion of the Kerala PSC Common Preliminary Examination 2024, aspirants eagerly await the release of the answer key. The answer key serves as a crucial tool for candidates to assess their performance, providing them with insights into their strengths and areas needing improvement. Let's delve into the key highlights and analysis of the answer key for the Kerala PSC Common Preliminary Examination 2024. Kerala PSC Common Preliminary Examin
Preparing for the Kerala PSC (Public Service Commission) exam is no small feat. With the competition becoming more intense every year, aspirants need to be thorough with a wide array of subjects. One of the most critical areas for the Kerala PSC is the Indian Constitution, which forms the backbone of several questions across prelims, mains, and interviews. For aspirants to maximize their understanding and retention of constitutional knowledge, mock tests play an invaluable role. In this blog, we will dive into why mock tests are essential for Kerala PSC preparation, especially for the Indian Constitution section, and how they can give you the competitive edge you need to succeed. Why the Indian Constitution is Essential for Kerala PSC Exams The Indian Constitution is more than just a document; it’s the foundation of India’s legal, social, and political structure. Understanding its principles, articles, amendments, and case laws is crucial for any government job, particularly for roles
Preparing for the Kerala Public Service Commission (PSC) exams is a challenging journey that requires strategic preparation and a solid understanding of various subjects, including facts about India. Mock tests play a critical role in helping candidates gain confidence, manage time, and become familiar with commonly asked questions. In this blog post, we’ll discuss why mock tests are essential, provide insights into key Indian facts to focus on, and highlight commonly repeated Kerala PSC questions to boost your preparation. Why Kerala PSC Mock Tests Are Essential for Exam Success Mock tests have become a crucial part of effective PSC exam preparation. Here’s why: Boosting Confidence and Reducing Exam Anxiety: Mock tests simulate the actual exam environment, allowing candidates to experience the pressure and timing of the exam beforehand. This helps in reducing nervousness and improves confidence. Time Management Skills: Kerala PSC exams are time-bound, so it's crucial to a
psctestbook.com is very useful site for preparation of Kerala PSC Exam .Also Available Kerala PSC Previous Year Question Paper and Answer Key ,Model Exam,Kerala PSC Latest Notification,Exam Cutoff Mark , Current Affairs in Malayalam,
Kerala PSC Mock Test – Economics Questions and Answers | Kerala PSC Free Model Exam
PSC BOOK
Preparing for the Kerala Public Service Commission (Kerala PSC) exams requires thorough understanding and preparation, especially in the Economics section. Economics is a crucial subject for many of the competitive exams under Kerala PSC, including exams for positions like Village Field Assistants, Junior Assistants, and other government posts. To help aspirants excel in this section, we've compiled some essential economics questions and answers, along with tips for preparing effectively for the exam.
Why Economics is Important for Kerala PSC?
Economics deals with various aspects of the economy, such as the production, distribution, and consumption of goods and services. For Kerala PSC, having a solid understanding of basic economic principles, as well as the current economic policies and trends, is vital because:
Conceptual Understanding: Economics covers important concepts that help you understand the functioning of governments and markets, which is essential for many administrative roles. Current Affairs: Economics is often linked to current events, such as budget policies, economic reforms, and global financial systems. Scoring Potential: Economics is a subject where you can score well if you have a strong understanding of the basics and can remember key facts and figures. Key Economics Topics for Kerala PSC
Indian Economy (Post-independence reforms, Five-Year Plans)
Kerala Economy (Agriculture, industries, welfare schemes)
Fiscal and Monetary Policy
Banking and Financial Institutions
International Trade and Organizations (IMF, WTO, World Bank)
Government Schemes and Policies (National and State-level)
Sample Economics Questions and Answers for Kerala PSC 1. What is GDP?
Answer: Gross Domestic Product (GDP) is the total market value of all goods and services produced within a country in a given period of time. It is a key indicator used to gauge the health of a country's economy. 2. Who is regarded as the ‘Father of Economics’?
Answer: Adam Smith is widely regarded as the Father of Economics, primarily due to his influential work "The Wealth of Nations" published in 1776. 3. What is the main objective of fiscal policy in India?
Answer: The main objectives of fiscal policy in India are to promote economic growth, control inflation, reduce unemployment, and manage public debt effectively.
4. What is meant by ‘Inflation’?
Answer: Inflation is the general increase in prices of goods and services in an economy over a period of time, which reduces the purchasing power of money.
5. What are the components of the Balance of Payments (BoP)?
Answer: The Balance of Payments consists of two main components: the Current Account (which includes trade in goods and services) and the Capital Account (which includes investments and loans).
6. What is Repo Rate?
Answer: Repo Rate is the rate at which the central bank of a country (in India, the RBI) lends money to commercial banks to control inflation and regulate liquidity in the economy.
7. Which Five-Year Plan focused on ‘Garibi Hatao’ (Poverty Eradication)?
Answer: The Fifth Five-Year Plan (1974-1979) of India emphasized poverty eradication through the slogan "Garibi Hatao".
8. What is the significance of the ‘Green Revolution’ in India?
Answer: The Green Revolution, initiated in the 1960s, was a period during which high-yielding varieties of crops and modern agricultural techniques were introduced to increase food production, primarily focusing on wheat and rice.
9. Which tax is considered a ‘Direct Tax’?
Answer: Income Tax is an example of a direct tax, where the burden of the tax is borne directly by the individual or organization on whom it is imposed. 10. What is meant by ‘Disguised Unemployment’?
Answer: Disguised unemployment refers to a situation where more people are employed than is necessary, meaning even if a few workers are removed, the level of output remains unaffected.
How to Prepare for Kerala PSC Economics Section
Understand the Concepts: Begin with basic concepts of economics like supply and demand, inflation, and GDP. You can use standard textbooks like NCERT Economics for Class 11 and 12 for a strong foundation. Stay Updated on Current Affairs: Follow the latest developments in economic policies, schemes, and reforms both at the state and national level. Newspapers like The Hindu or Economic Times can help.
Refer to Kerala Economy: Pay special attention to the economic aspects of Kerala, including agriculture, tourism, fisheries, and the government’s welfare schemes like Kudumbashree. Solve Previous Year Papers: Reviewing previous year Kerala PSC question papers can help you understand the pattern of the questions and topics frequently asked.
Take Mock Tests: Practice is the key to success. Taking regular mock tests will help you manage time, analyze your preparation, and work on your weaknesses. Many online platforms offer free Kerala PSC mock tests, where you can practice economics questions.
Free Kerala PSC Model Exam
To make your preparation easier, here’s a free Kerala PSC mock test for the Economics section. Try answering the questions within the time limit, and check the answers provided at the end.
Kerala PSC Economics Mock Test
Taking such mock tests regularly will sharpen your knowledge and give you an edge in the exam.
Kerala PSC Mock Test
Please fill the above data!
Point : 0
Name : Apu
: 9
Total Questions:
Correct: | Wrong:
Attempt: | Percentage:
Economics is an essential part of the Kerala PSC syllabus, and preparing for it thoroughly can greatly improve your chances of success. Use the sample questions, mock tests, and study tips to build a strong foundation in economics, stay updated on current economic issues, and practice consistently to ace the exam!
Good luck with your Kerala PSC preparation!
Are you ready to take the next step in your Kerala PSC journey? Start practicing with our free mock tests today!
It seems there is something wrong with your internet connection. Please connect to the internet and start browsing again.
AdBlock Detected!
We have detected that you are using adblocking plugin in your browser. The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your adblocking plugin.
Site is Blocked
Sorry! This site is not available in your country.
.png)
.png)
.png)
.png)
.png)
.png)
.png)