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Student Testimonials

Vipin Itankar -IAS (All India 14th Rank ;Highest rank in the region in 2014 results)
"Dear Narula Sir , i am highly thankful to you for all the support and guidance you had extended to me during my preparation...you have been with me during my up and down phases . It was difficult to bounce back without your support . Thanks a lot once again sir ..i wish you all the best for future..."



Mohit Garg (IPS)
"Dear Anil Narula sir .i want to give entire credit to you sir .. Please accept my regards and gratitude..i thank the entire team of your institute for my success ...and sir you were the person i always looked up to , whenever i was in trouble. This year i have become IPS i will again try to get good rank to become ias ...thanks once again sir !!!! "



Dinesh Gupta (IPS)
"Respected sir i want to convey my gratituide to your team for my success ... I owe this to you and i wish that you keep on scaling new heights in future ...thanks once again sir .. "



Sahil (HAS-2013 6th Rank)
"DEAR SIR ,i owe my entire success to you...if i had not studied General Studies and Geography from you i would not have achieved what i have achieved now.....thank you so much sir.."



Shilpi Beakta-HAS 2012 3rd Rank
"Sir, thanks a lot for your sincere guidance and coaching ..i had never thought i would be getting such a high rank in my own state exam ...i am highly thank ful to you... please accept my good wishes for your success in future...thanks once again...."



Juhi Mukherjee(IAS)
"Anil Sir's guidance throughout my preparation was the key to my success"



Tanvi Garg(IAS)
"I owe my entire success to Narula Sir."



Dr.Piyush (IAS)
"I Have Been Taking Guidance from Narula sir when was in the first year of MBBS and he always stood by me and had full faith in my Capabilities.. I am expressing my gratitude for helping me get what was my dream .... IAS ..Thanks a Ton sir"



Neha Bansal(IAS)
"Inputs given by Narula Sir IN general studies were of immense help for me."



Irina Masoom(IFS)
Sir's guidance and the ease with which he made our concepts clear was remarkable..thank you sir ..."

Neeraj Soi(IRS)
""Anil Sir has been with me through my up and downs of the preparation and kept on guiding me on the right path.""



Deepak Devrani (IRS)
"Geography optional coaching was really very good and extremely helpful in achieving my goal."



Kanika Aggarwal(IRS)
"Guidance given by Narula Sir has been extremely fruitful . Thanks a lot Sir."

Tavshi Bahal(IFS)
"Timely guidance by Anil sir helped me tremendously for achieving what i wanted to achive"



Laganpreet (IRS)
"But for Narula sir i would not have achived what i achived ..Thank you sir"



Yashanjeet(IRTS)
"Sir your direction was very helpful in getting me through ....Thank a lot"



Praveen Sekhar(IRTS)
"Test series of anil sir was very helpful in fetching very good marks..."



Dipti Kappor (HAS
"Sir i am highly thank ful to you for every effort you made for my success ...I owe my success to you..."



Ruchika Jain(IPS)
"In my first attempt I got IPS and I owe this success entirely to Narula Sir."

Economics

PAPER –

1. Advanced Micro Economics:

(a) Marshallian and Walrasiam Approaches to Price determination.

(b) Alternative Distribution Theories: Ricardo, Kaldor, Kaleeki

(c) Markets Structure: Monopolistic Competition, Duopoly, Oligopoly.

(d) Modern Welfare Criteria: Pareto Hicks & Scitovsky, Arrow’s Impossibility Theorem, A.K. Sen’s Social Welfare Function.

2. Advanced Macro Economics:

Approaches to Employment Income and Interest Rate determination: Classical, Keynes (IS-LM) curve, Neo classical synthesis and New classical, Theories of Interest Rate determination and Interest Rate Structure.

3. Money – Banking and Finance:

(a) Demand for and Supply of Money: Money Multiplier Quantity Theory of Money (Fisher, Pique and Friedman) and Keyne’s Theory on Demand for Money, Goals and Instruments of Monetary Management in Closed and Open Economies. Relation between the Central Bank and the Treasury. Proposal for ceiling on growth rate of money.

(b) Public Finance and its Role in Market Economy: In stabilization of supply, allocation of resources and in distribution and development. Sources of Govt. revenue, forms of Taxes and Subsidies, their incidence and effects. Limits to taxation, loans, crowding-out effects and limits to borrowings. Public Expenditure and its effects.

4. International Economics:

(a) Old and New Theories of International Trade

(i) Comparative Advantage

(ii) Terms of Trade and Offer Curve.

(iii) Product Cycle and Strategic Trade Theories.

(iv) Trade as an engine of growth and theories of under development in an open economy.

(b) Forms of Protection: Tariff and quota.

(c) Balance of Payments Adjustments: Alternative Approaches.

(i) Price versus income, income adjustments under fixed exchange rates,

(ii) Theories of Policy Mix

(iii) Exchange rate adjustments undercapital mobility

(iv) Floating Rates and their Implications for Developing Countries: Currency Boards.

(v) Trade Policy and Developing Countries.

(vi) BOP, adjustments and Policy Coordination in open economy macro-model.

(vii) Speculative attacks

(viii)Trade Blocks and Monetary Unions.

(ix) WTO: TRIMS, TRIPS, Domestic Measures, Different Rounds of WTO talks.

5. Growth and Development:

(a)

(i) Theories of growth: Harrod’s model,

(ii) Lewis model of development with surplus labour

(iii) Balanced and Unbalanced growth,

(iv) Human Capital and Economic Growth.

(v) Research and Development and Economic Growth

(b) Process of Economic Development of Less developed countries: Myrdal and Kuzments on economic development and structural change: Role of Agriculture in Economic Development of less developed countries.

(c) Economic development and International Trade and Investment, Role of Multinationals.

(d) Planning and Economic Development: changing role of Markets and Planning, Private- Public Partnership

(e) Welfare indicators and measures of growth – Human Development Indices. The basic needs approach.

(f) Development and Environmental Sustainability – Renewable and Non Renewable Resources, Environmental Degradation, Intergenerational equity development.

PAPER –II

1. Indian Economy in Pre-Independence Era:

Land System and its changes, Commercialization of agriculture, Drain theory, Laissez faire theory and critique. Manufacture and Transport: Jute, Cotton, Railways, Money and Credit.

2. Indian Economy after Independence:

(A) The Pre Liberalization Era:

(i) Contribution of Vakil, Gadgil and V.K.R.V. Rao.

(ii) Agriculture: Land Reforms and land tenure system, Green Revolution and capital formation in agriculture,

(iii) Industry Trends in composition and growth, Role of public and private sector, Small scale and cottage industries.

(iv) National and Per capita income: patterns, trends, aggregate and Sectoral composition and changes their in.

(v) Broad factors determining National Income and distribution, Measures of poverty, Trends in poverty and inequality.

(B) The Post Liberalization Era:

(i) New Economic Reform and Agriculture: Agriculture and WTO, Food processing, Subsidies, Agricultural prices and public distribution system, Impact of public expenditure on agricultural growth.

(ii) New Economic Policy and Industry: Strategy of industrialization, Privatization, Disinvestments, Role of foreign direct investment and multinationals.

(iii) New Economic Policy and Trade: Intellectual property rights: Implications of TRIPS, TRIMS, GATS and new EXIM policy.

(iv) New Exchange Rate Regime: Partial and full convertibility, Capital account convertibility.

(v) New Economic Policy and Public Finance: Fiscal Responsibility Act, Twelfth Finance Commission and Fiscal Federalism and Fiscal Consolidation.

(vi) New Economic Policy and Monetary system. Role of RBI under the new regime.

(vii) Planning: From central Planning to indicative planning, Relation between planning and markets for growth and decentralized planning: 73rd and 74th Constitutional amendments.

(viii)New Economic Policy and Employment: Employment and poverty, Rural wages, Employment Generation, Poverty alleviation schemes, New Rural, Employment Guarantee Scheme.

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