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Gross Value Added INSIGHTS PRELIMS TEST SERIES – 2018

ONLINE
(GVA)? How is it
different from
GDP? Critically
examine how
recent
demonetization
has affected
economic growth
in India.
BY INSIGHTS · MARCH 7, 2017

 Topic: Indian economic growth INSIGHTS MAINS TEST SERIES – 2017

and development
5) What do you understand by Gross
Value Added (GVA)? How is it
different from GDP? Critically
examine how recent demonetization
has affected economic growth in
India. (200 Words)

The Hindu

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Join the discussion…  Insights into YOJANA August 2017 –

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Bhushan • 6 months ago ⚑ −  SECURE SYNOPSIS: 23 AUGUST 2017

Since 2015, India replaced GDP at
August 27, 2017
Factor Cost by GVA at basic prices
in line with recommendations of UN
 Insights into Editorial: Lessons not learnt:
System of National Accounts(2008)
and Pronab Sen Committee to On swine flu
make our GDP numbers August 27, 2017
comparable with that of developed
nations. GVA is defined as the  All India Radio News Summary, 27 August
value of output less the value of 2017
intermediate consumption
August 27, 2017
GDP (market price) = GVA (basic
GDP (market price) = GVA (basic
prices) + DITS, where DITS =
 QUIZ – 2017: Insights Current Affairs
indirect taxes - subsidies
Quiz, 26 August 2017
Difference between GVA and August 26, 2017
GDP
1.While GDP gives a picture of  Insights Daily Current Affairs, 26 Aug
whole economy, GVA focuses on
2017
see more
August 26, 2017
23 △ ▽ • Reply • Share ›
 Insights Learning (I-Learning) TEST 4 : 07
Serene Buddha >
Bhushan • 6 months ago – 20 August, 2017
Bhushan! Good one!. Two August 26, 2017
Points to make,
1. GDP(MP) shows demand  Insights Learning (I-Learning) TEST 3 : 31
side of economy, GVA(Basic
July 2017 – 06 August, 2017
Prices) portrays supply side
of economy. so GVA can be August 26, 2017
good indicator for measuring
the performance of each  [Insights Secure – 2017] UPSC Mains
sector etc. Questions on Current Affairs: 26 August
2. GDP(MP) = GVA(basic 2017
price) + Product Taxes - August 26, 2017
Product Subsides., the word
'product' is imp in SNA,
otherwise it gives send
impression of 'production CATEGORIES
taxes/subsidies' which is not Categories
our intent.
4△ Select Category
▽ • Reply • Share ›

Homer > Bhushan

• 6 months ago
ARCHIVES
really awesome
1△ Archives
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Select Month
focus > Bhushan
• 6 months ago
How point 2 comes under
the effects of demonetization  March 2017
as it has no any direct link
M T W T F S S
with money?
1△ ▽ • Reply • Share › 1 2 3 4 5

6 7 8 9 10 11 12
Bhushan >
focus
• 6 months ago
13 14 15 16 17 18 19

Yes I agree usko

 Yes I agree usko
reframe karna M T W T F S S
padega, Plz have a
20 21 22 23 24 25 26
look at my replies
below (to Marx) as 27 28 29 30 31
how to change that
« Feb Apr »
point
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UPDATES

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Writing an Essay – Showing who you
are, on paper. – Mittali Sethi, IAS
Bhushan >
Guest (Essay -160 marks)
• 6 months ago
25 AUG, 2017
Hahahahah :D
Thanks bhaai...Abi
SECURE SYNOPSIS: Compilation of
bas accha sa wengo
ka replacement Insights Secure Synopsis July – 2017
dhoondo jaldi se! :) 20 AUG, 2017
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June 2017 Secure Synopsis
This comment 17 AUG, 2017

was deleted.
As Mains approaches – Strategy and
Bhushan
a few words. – Mittali Sethi
> Guest 15 AUG, 2017
•6
months
ago
Feedback from Insights Prelims Test
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FIFA 17 in RESULT: UPSC Civil Services IAS
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UPDATES: Discounts on Online Test
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Bhushan >
17 JUL, 2017
Guest
• 6 months ago
TOPPER’S STRATEGY: SHAURYA
Actually sahi keh rhe
ho, agri waala point
SUMAN, AIR 119 (CSE-2016), GS
is not much relevant Marks 481, GS Strategy
in this context....Mein 15 JUL, 2017
wo likhte waqt
kaunse sectors
accha buraa kr rahe
MOTIVATIONAL POSTS
the us flow mein likh
diyaa...Haan SPC
MOTIVATION: An open letter to
sentence ko reframe
krna padega! those who couldn’t clear Prelims –
Mittali Sethi, Rank 56, CSE-2016
Gracias! :) 28 JUL, 2017
△ ▽ • Reply •
Share ›
MOTIVATION: Emotional Intelligence
sukruth_2018 > 17 JUL, 2017
Bhushan • 6 months ago
Hi Bhushan,
Motivation & Topper’s Strategy:
Once again a very good UPSC IAS Topper NANDINI K R, Rank
answers mate. – 1, CSE – 2016, Insights Offline
However I have slight
Student
doubts with respect to 4 JUL, 2017
second part of the answer
"Demonetization effect on MOTIVATION: Nikhil B, Rank 107,
India’s growth" Second Attempt, Essay Score 45 to
The agriculture growth is
158, Insights Offline Student
related to monsoon and 7th 4 JUL, 2017
pay is a govt measure both
of them not linked to MOTIVATION: Emotional Intelligence
Demonetization 28 JUN, 2017

(banning notes) wont it be

out of scope here buddy.. MOTIVATION: Three Failed Prelims,
On the other first, fourth and Rank 287 – Tips for Prelims
fifth points here suits very 17 JUN, 2017
well here..
Keep writing. bud :).
1△ ▽ Reply
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RECENT CURRENT EVENTS POSTS
Bhushan >
sukruth_2018 Insights Daily Current Affairs, 26 Aug
• 6 months ago
2017
Agri waala I agree
26 AUG, 2017
effects would be
seen after some
time, as due to Insights Daily Current Affairs, 25 Aug
demonetization 2017
farmers were unable 25 AUG, 2017
to procure inputs at
appropriate Insights Daily Current Affairs, 24 Aug
time....PAr yes, it
2017
doesn't fit in this
24 AUG, 2017
context

Regarding the SPC, Insights Daily Current Affairs, 23 Aug

higher disposable 2017
income + digital
23 AUG, 2017
mode of purchasing
post demonetization
= Led to increase in Insights Daily Current Affairs, 22 Aug
discretionary online 2017
buying which led to 22 AUG, 2017
increased
consumption! :)
1 △ ▽ • Reply •
Share › RECENT SECURE – 2016 POSTS

sukruth_2018 SECURE SYNOPSIS: 23 AUGUST

>
Bhushan 2017
•6
27 AUG, 2017
months
ago
Thanks for [Insights Secure – 2017] UPSC Mains
clarifying
Questions on Current Affairs: 26
buddy... Have
a nice day... :)
August 2017
1△ ▽ • 26 AUG, 2017
Reply • Share ›
SECURE SYNOPSIS: 22 AUGUST
Marx > Bhushan
• 6 months ago
2017
26 AUG, 2017
Bhushan,

Points on monsoon-led [Insights Secure – 2017] UPSC Mains

agriculture growth and Questions on Current Affairs: 25
higher demand due to Pay
commission revision do not
commission revision do not
August 2017
fit as effects of
25 AUG, 2017
demonetisation on Indian
growth :)
1△ ▽ • Reply • Share ›
CURRENT EVENTS QUIZ
Bhushan >
Marx
• 6 months ago QUIZ – 2017: Insights Current Affairs
Hi Marx, Quiz, 26 August 2017

Agri waala I agree

effects would be
QUIZ – 2017: Insights Current Affairs
seen after some Quiz, 25 August 2017
time, as due to
demonetization QUIZ – 2017: Insights Current Affairs
farmers were unable
Quiz, 24 August 2017
to procure inputs at
appropriate
time....PAr yes, it QUIZ – 2017: Insights Current Affairs
doesn't fit in this Quiz, 23 August 2017
context

Regarding the SPC,

higher disposable MINDMAPS
income + digital
mode of purchasing Insights MINDMAPS: “Flood
post demonetization Governance in India” and “India-
= Led to increase in ASEAN Relations”.
discretionary buying
which led to
increased Insights MINDMAPS:”India-China
consumption and Trade Gap” and “No Detention
relatively good Policy”.
growth! :)
△ ▽ • Reply • Insights MINDMAPS:”Parliamentary
Share ›
Budget Office (PBO)” and “Private
Marx >
Bhushan
Sector in Defence Production”.
•6
months
ago Insights MINDMAPS:”Draft Report of
Exactly, I Ashok Dalwai Committee” and
expected this “Infrastructure Sector in India”.
part of the link
to be given in
the answer.
Merely, RAJYASABHA TV NEWS DEBATES
mentioning
 mentioning
monsoon and Policy Watch Episode – 279:
CPC revision Government Mulls Foodgrains
asks the Subsidy
reader to
17 AUG, 2017
connect the
links which is
a bit indirect. Policy Watch Episode – 279 : Govt
sops for stressed telcos
All the best. 16 AUG, 2017
Expecting
more
answers. :)
1△ ▽ • INSIGHTS INTO EDITORIAL
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Insights into Editorial: Lessons not

Machiavelli > Bhushan
• 6 months ago learnt: On swine flu
Good effort. But concluding
remark is not appropriate.
You can't say CSO figures Insights into Editorial: Citizen vs
DISTORTED THE IMPACT. State: On right to privacy verdict
Rather say- impact will be
clearer only when revised
data come by next year. Insights into Editorial: A BIT of
That's it.. Good luck critique
1△ ▽ • Reply • Share ›

Madhavi Yadav > Insights into Editorial: Undoing

Bhushan • 6 months ago
injustice: On instant triple talaq
Hi Bhushan
verdict
Gud answer..
Aapki n hamara first part
same hai..frm Gk today :p
hehehe TOPPER’S STRATEGIES
In second part ab Kuch
points likh sakte the.. like Writing an Essay – Showing who you
push to cashless economy are, on paper. – Mittali Sethi, IAS
can make system
(Essay -160 marks)
transparent thus more tax
revenue in future..more
formalization more accurate As Mains approaches – Strategy and
gdp figures.. a few words. – Mittali Sethi
Short tym effect bi likh sakte
the like reduce consumerism
POLITICAL SCIENCE AND
due to liquidity crunch ,also
effecting supply,
INTERNATIONAL RELATIONS
manufacturing reduced..
Answer baht mast hai..
Answer baht mast hai..
OPTIONAL ‘STRATEGY’, Aishwarya
length bi Kam ho ri hai
KwKr :)
Dongre, AIR 196

1△ ▽ • Reply • Share › LAW OPTIONAL STRATEGY : Pratik

Tayal , AIR 92 CSE 2016
Bhushan >
Madhavi Yadav
• 6 months ago
TOPPER’S STRATEGY: SHAURYA
Hi Madhavi,
SUMAN, AIR 119 (CSE-2016), GS
Haan sahi kahaan, Marks 481, GS Strategy
waise maine majority
static portion GKT se
MOTIVATION and IAS TOPPER’S
padhaa hai, so I
regularly refer it! :)
Detailed STRATEGY, Notes: Dr
Naveen Bhat, Rank 37, Second
MAnufaturting waala Attempt, Insights Student (Download
I have
His Full Notes)
mentioned...Rest
Acche points hai,
Duly noted :) IAS TOPPER’S STRATEGY: Santhosh
B M, Rank 307, Third Attempt,
Hahahaha...haan
Insights Offline Student
dheere dheere gaadi
track pe aa rhi hai :D
PSYCHOLOGY STRATEGY for Civil
Thanks :)
Services: Strategy, Booklist,
1 △ ▽ • Reply •
Share › Resources and Notes- Mittali Sethi
AIR 56 (302 Marks)
Madhavi
Yadav
>
Bhushan
TOPPER’S STRATEGY: Meghashree D
•6 R, Rank 289, CSE – 2016, No
months
ago Coaching, Insights Offline Student
Ooh Aisa..
I too go thru TOPPER’S STRATEGY: Shabarish P,
gkt the topics
Rank 617, CSE-2016, Insights Offline
I don't get
Heheh Student
KwKr :)
1△ ▽ •
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RECENT ESSAY CHALLENGES

A-KSHAR > Bhushan

• 6 months ago Insights Weekly Essay Challenges
are ....... khata kya hai....... 2017 – Week 33: Godmen – A Threat
complan boy ?????????? to Indian Society and Culture
1△ ▽ • Reply • Share ›
1△ ▽ • Reply • Share ›
Writing an Essay – Showing who you
Bhushan > A-
KSHAR are, on paper. – Mittali Sethi, IAS
• 6 months ago
(Essay -160 marks)
Lol!...Nahi bhaai
Boost is the secret of
my energy :D Insights Weekly Essay Challenges
2 △ ▽ • Reply • 2017 – Week 32: Corruption in India:
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Neither Systemic Reforms nor
Harsh (Learning Surgical Strikes would End it
Unlimited!!!) > Bhushan
• 6 months ago
Well written
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prem > Bhushan Sustainable Development
• 6 months ago
brilliant answer bhai
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2017 – Week 30: Utility and
THE REVENANT > relevance of Parliament in our polity
Bhushan • 6 months ago
bhushan bhai,kya likhte ho
yaar, dil khush ho gaya .
what is ur UPSC history MUST READ BOOKS
1△ ▽ • Reply • Share ›
1) Introduction to the Constitution of India
Bhushan > 20 Edition
THE REVENANT
• 6 months ago
2) India Since Independence - Bipan
Hahahaha...thanks
Chandra
bhaai, apna 2nd
attempt hai....last
3) India's Struggle For Independence –
waale mein Pre
Bipan Chandra
thode se reh gya
tha.. To short si
4) Indian Economy : For Civil Services
history hai :)
Examinations 6th Edition (2014) - Ramesh
△ ▽ • Reply •
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THE 5) Indian Polity for Civil Services

REVENANT
> Examinations 4th Edition - Laxmikanth
Bhushan
•6
6)Geography of India- Majid Hussain - 5th
months
ago Edition
optional kya
hai 7) Ethics In Governance
1△ ▽ •
Reply
 Reply • Share › 8)India After Gandhi: The History Of The
World's Largest Democracy
Bhushan
> THE
REVENANT 9) Mastering Modern World History -5th
•6
months Edition, Norman Lowe
ago
Geography! 10) Select Constitutions: 16th Edition - S
Wat abt u? Chand
1△ ▽ •
Reply • Share › 11) Challenge And Strategy : Rethinking
India's Foreign Policy - Rajiv Sikri
THE
REVENANT
> 12) India's Foreign Policy - Muchkund Dubey
Bhushan
•6
months 13) History of the World from the Late
ago Nineteenth to the Early Twenty First Century
main 3rd timer
- Arjun Dev
hun . essay
kaisa chal 14) Social Problems in India 2 Edition - Ram
raha hai?
Ahuja
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15) Politics and Ethics of the Indian
Constitution
Bhushan

16) Public Institutions in India: Performance

and Design - PRATAP BHANU MEHTA

17) Certificate Physical and Human

Geography - Goh Cheng Leong

18) India’s National Security – A Reader

19) Indian Social System - Ram Ahuja

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