Module ·
Chapter 5: Economy & Finance
Economy & Science
4 topics
What this chapter covers
The 4 topics below make up Economy & Finance in the SSC CGL exam. Click any topic to open its notes, examples and practice test.
Study material & tests
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Formula Reference Sheet
This chapter
Concepts & institutions
| GDP | value of all final goods & services produced within a country in a year |
|---|---|
| Monetary policy | controlled by the RBI (repo rate, CRR, etc.) |
| Fiscal policy | government taxation & spending (the Budget) |
| Direct tax | income tax, corporate tax |
| Indirect tax | GST (One Nation One Tax, from 1 July 2017) |
| RBI established | 1935; nationalised 1949 |
SSC reference
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