With the announcement of NABARD Grade A 2020, the thrill to ace the exam is already among aspirants. The prelims phase of the exam is scheduled to take place on 25th Feb 2020. The sections that set these exams apart are ESI & ARD. To help you with your preparations, we have devised a preparation strategy for Economics and Social Issues section. You can read about the ARD Preparation tips devised earlier, here. Follow these ESI preparation Tips to ace the exam.
The overall pattern and type of questions in NABARD exam syllabus, however, remain the same.
In the following article we are providing you preparation tips and guide to effectively prepare for the ESI section:
- ESI Preparation Tips – What to study?
- ESI Preparation tips and strategy for Static
- ESI Preparation Tips and Strategy for Current Affairs
- Preparation Material for Economic and Social Issues paper of NABARD
- Why should you take NABARD Mock Tests?
- Refer To Oliveboard’s Notes on ESi For Your Exam Preparations:
ESI Preparation Tips – What to study?
Refer to the syllabus given by NABARD with its official notification on their website. Following is a list of topics that appeared in the previous year’s Economic and Social Issues [ESI] paper of NABARD. Note that the following list is indicative and not exhaustive:
- Nature of Indian Economy (Solve Questions On Indian Economy Here)
- Structural and Institutional features
- Economic underdevelopment
- Opening up the Indian Economy
- Reforms in India– Privatisation
- Employment Generation in India – Rural and Urban
- Measurement of Poverty – Poverty Alleviation Programmes of the Government
- Population Trends – Population
- Growth and Economic Development – Population Policy in India
- Agriculture Industry(Take Complete Test on Agriculture Industry)
- Rural banking and financial institutions in India
- Reforms in Banking/ Financial sector
- Globalization of Economy
- Social Structure in India
- Social Justice
Kind of questions you can expect in ESI question paper:
- Questions on economic and social welfare schemes 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. that are launched for the welfare of people in rural areas, women, children, rural youth, etc
- Committees set up by the government like the Shanta Kumar Committee, social sector programs and missions (like Indradhanush) launched by the Government
- Ranks of India on various indexes
- Poverty Alleviation, Population Policy in India.
- Autonomous agencies launched by the Government of India like the National Skill Development Agency launched by Ministry of Skill Development and Entrepreneurship
- Questions based on the Economic Survey
- Economic currents affairs on topics like department of disinvestment, overdrafts, etc
- Questions based on passages related to current affairs (like the firing of the air hostess, being a good Samaritan, reservations, etc.)
ESI Preparation Tips & Strategy for NABARD
We suggest you start your preparation by dividing your preparation schedule into broadly two categories: Static and Current Affairs.
- Pick a topic from the syllabus
- Read up about it and understand the concept
- Try and read the concepts thoroughly and not just the overview.
- Give each topic a sufficient time to prepare, otherwise, you might skip the concept at a later stage.
- Read important current affairs related to that concept including the facts and figures
ESI Preparation tips and strategy for Static
If you have studied Economic and Social Issues as part of your graduation, then you don’t need to study the basics of Economy or Social Issues. However, if your foundation in Economic and Social Issues is weak, we suggest you start by getting your fundamentals in place by reading about them from NCERT textbooks of 8th to 12th grade. But, make sure you do selective reading of important concepts only.
Learn various Economic concepts for the static part and about social reforms, census, schemes, etc.
Read full names of schemes and not just their abbreviated forms. In the exam, most questions will only contain the abbreviated form. So it’s important that you know the full-forms of the schemes and sub-schemes.
Do not spend too much time on the static part, as most of the questions that appeared in the previous years’ Economic and Social Issues [ESI] paper were based on current affairs related to Economic and Social Issues.
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 Preparation Tips and Strategy for Current Affairs
Most of the questions that appeared in the last year Economic and Social Issues paper were current affairs based which were published in newspapers like The Hindu and magazines like Yojana, and also from the Economic Survey, Union Budget and various government schemes.
We suggest you cover current affairs of 1 year related to Economic and Social issues. It’s important that you memorize facts and figures like percentages and other numbers.
The questions are based on the various government Policies in Economic sector, banking and social issues taking place in our surrounding, etc. Follow news related to economics and social issues regularly and read government notices.
Keep your preparation material minimum and do not hoard too many books as it will only end up intimidating you.
The syllabus of Economic and Social Issues [ESI] of NABARD can be intimidating since it is vast. However, reading books cover to cover to understand concepts will only end up confusing you at the moment. You might even spend a lot of time on learning concepts that aren’t even in the syllabus.
Therefore, to save that effort and your precious time and energy, we recommend you take NABARD Mock Tests.
Why should you take NABARD Mock Tests?
The mock tests are prepared by experts, who know the latest NABARD ESI exam syllabus and pattern, after thorough research and analysis. They cover the most important topics in the mock tests that will appear in the exam. Taking the mock tests will give you a fair idea about the topics that will be asked, and also the pattern and difficulty level of the questions.
Using this information, you can fine-tune and tailor your Economic and Social Issues preparation and save time and energy.
Mock tests also help you analyze your performance, determine your speed and accuracy and identify your strong and weak topics in ESI section.
Take a free trial: NABARD Economic and Social Issues Mock Tests
- The Economic Survey of India
- The Union Budget
- Press Information Bureau [PIB]
- Policy reviews of the Government of India
- Pratiyogita Darpan
Refer To Oliveboard’s Notes on ESi For Your Exam Preparations:
Here is a glimpse of topics that are covered in our notes, especially curated by experts for NABARD Exams.
[gdlr_button href=”https://www.oliveboard.in/nabard-grade-a-b/?ref=dj” target=”_blank” size=”large” background=”#1b5df1″ color=”#ffffff”]Get ESI Complete Study Notes here[/gdlr_button]
Other study material
- The Hindu Newspaper
- The Economic Times Newspaper
That is all from us in this blog. We have tried to cover every aspect possible in ESI Preparation tips to help you with your exam approach. Read and follow the steps religiously and you will be able to get the most of this section.
We wish you all the very best!
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