SSC GD Economy Notes

AI Summary (Quick Overview)

• What is this post? This is a simple, beginner-friendly guide to SSC GD Economy Notes.
• What to study? Focus on Five Year Plans, NITI Aayog, RBI Basics, and Census 2011.
• Is Economy hard? No. It is just about knowing how the country earns and spends money.
• Bonus: You can download the complete SSC GD Economy Notes PDF at the bottom of this page.

SSC GD Notes 2026 PDF Download – Subject Wise

Why are SSC GD Economy Notes Important?

Are you preparing for the SSC GD Constable exam? Many students are afraid of “Economics”. They think it is full of hard numbers and graphs.

But let me tell you a secret: SSC GD Economy is very simple.

The exam does not ask you to be an economist. They only ask basic General Knowledge questions. For example: “When was RBI established?” or “Which sector gives the most jobs?”. If you know these basic answers, you can easily score 2 to 3 marks.

In this blog post, we have written the simplest SSC GD Economy Notes ever. We use language like a Class 6th textbook. No big words. No confusion. Just simple facts that help you pass the exam.

Download SSC GD Economy Notes PDF

We know you want to keep these notes safe on your mobile. We have compiled all these topics into a neat PDF file.

What is inside the PDF?

• Complete Five Year Plan Chart.
• Census 2011 Data Table.
• List of Important Schemes (Jan Dhan, Make in India).
• 100+ Previous Year Economy Questions.
• File Name: SSC_GD_Economy_Complete_Notes_2026.pdf
• Size: 1.8 MB
• Language: Simple English
• Cost: FREE

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SSC GD Economy Syllabus (What to Study?)

You don’t need to read the whole budget of India. Based on previous papers (2024-2025), here are the only topics you need to study for SSC GD Economy Notes:

1. Sectors of Economy (Agriculture, Industry, Service)
2. Five Year Plans (Most Important!)
3. Planning Commission & NITI Aayog
4. Banking System (RBI and Money)
5. Census 2011 (Very Important)
6. National Income (GDP Basics)

Part 1: Sectors of Indian Economy

Economy is divided into three parts. Think of it like making a packet of chips.

1. Primary Sector (Agriculture)

• This is where we get things directly from Nature.
• Examples: Farming, Fishing, Mining, Dairy.
• Fact: This sector gives jobs to the maximum number of people in India.

2. Secondary Sector (Industry)

• This is where we change natural things into useful goods (Manufacturing).
• Examples: Factories, Making Cars, Making Chips from potatoes, Construction.

3. Tertiary Sector (Service)

• This sector does not “make” anything. It provides Service.
• Examples: Shopkeeper, Doctor, Teacher, Driver, Banking.
• Fact: This sector earns the maximum money (GDP) for India.

Part 2: Five Year Plans (The Most Important Topic)

In SSC GD Economy Notes, this is the King topic. SSC asks 80% of economy questions from here. Before 2015, India used to make plans for 5 years.

Plan	Year	Model/Focus	Important Fact
1st Plan	1951-56	Agriculture	Based on Harrod-Domar Model. It was successful.
2nd Plan	1956-61	Heavy Industry	Based on P.C. Mahalanobis Model. Steel plants set up.
3rd Plan	1961-66	Self-Reliance	Failed due to China War (1962) and Pak War (1965).
Plan Holiday	1966-69	Annual Plans	No 5-year plan due to drought/war.
4th Plan	1969-74	Stability	14 Banks were Nationalized (1969).
5th Plan	1974-78	Poverty Removal	Slogan: “Garibi Hatao”. Terminated 1 year early.
Rolling Plan	1978-80	–	Janta Party Government changed the plan.
12th Plan	2012-17	Sustainable Growth	This was the Last Five Year Plan.

Expert Tip: Memorize the “Focus” of the 1st, 2nd, and 5th plans. These are asked repeatedly.

Part 3: NITI Aayog (The New Planner)

In 2015, the government stopped the Planning Commission and started NITI Aayog.

• Full Form: National Institution for Transforming India.
• Established: 1st January 2015.
• Chairman: The Prime Minister (Always).
• Role: It is the “Think Tank” of the government. It gives advice but does not give money (funds) to states.

Part 4: Banking System (RBI Basics)

Every country has a “Father of Banks”. In India, it is the RBI.

Reserve Bank of India (RBI)

• Established: 1st April 1935 (Hilton Young Commission).
• Nationalized: 1st January 1949 (Ideally, it became Govt property).
• Headquarters: Mumbai.
• Main Job: To issue currency notes and control inflation (price rise).

Important Rates (Simple Definitions)

1. Repo Rate: The interest rate at which RBI lends money to banks. (If Repo Rate is high, your loan becomes expensive).
2. Reverse Repo Rate: The interest rate at which RBI borrows money from banks.

Note: The One Rupee note is signed by the Finance Secretary, NOT the RBI Governor.

Part 5: Census 2011 (Golden Topic)

Even in 2026, SSC GD asks questions from the 2011 Census because the 2021 Census was delayed. You must memorize this for your SSC GD Economy Notes.

• Slogan: “Our Census, Our Future”.
• Commissioner: C. Chandramouli.
• Total Population: 121 Crore.
• Most Populated State: Uttar Pradesh.
• Least Populated State: Sikkim.
• Highest Literacy (Educated): Kerala (94%).
• Lowest Literacy: Bihar.
• Highest Sex Ratio (Females per 1000 Males): Kerala.
• Lowest Sex Ratio: Haryana.

Part 6: Important Revolutions

In Agriculture, different “colors” represent different crops.

• Green Revolution: For Wheat & Rice (Started by M.S. Swaminathan).
• White Revolution: For Milk (Operation Flood – V. Kurien).
• Blue Revolution: For Fish.
• Yellow Revolution: For Oilseeds (Mustard etc.).
• Round Revolution: For Potato.
• Silver Revolution: For Eggs.

Part 7: Basics of National Income

How do we measure if India is rich or poor?

• GDP (Gross Domestic Product): The value of all goods and services produced inside the boundary of India in one year.
  • Simple Trick: Think of India as a “House”. Whatever money is made inside the house is GDP.
• GNP (Gross National Product): GDP + Money earned by Indians living abroad – Money taken by foreigners from India.
• Per Capita Income: Average income of one person.
  • Formula: $\frac{\text{Total National Income}}{\text{Total Population}}$

How to Study These SSC GD Economy Notes?

Economy is easy if you study smart.

1. Don’t Memorize Numbers: Don’t try to remember the exact GDP amount (like 3 trillion dollars). SSC GD asks concepts, not changing numbers.
2. Focus on History: Focus on static things like “When was RBI made?” or “What happened in the 2nd Five Year Plan?”. These facts never change.
3. Census is King: Paste the Census 2011 data on your wall. One question is fixed from there.
4. Practice: After reading these SSC GD Economy Notes, solve the quiz included in our PDF.

Frequently Asked Questions (FAQ)

Q1. Is Economy difficult for SSC GD? No. The level of questions is very basic. They do not ask complex economics. They ask “General Knowledge” related to the economy.

Q2. How many questions come from Economy? Usually, 2 to 3 questions appear in the GK section.

Q3. Do I need to read the current Budget? For SSC GD, you don’t need deep analysis. Just know the big announcements (like new schemes for farmers) if the exam is close to February. Otherwise, focus on static Economy.

Q4. Which is the most important topic? Five Year Plans and Census 2011. If you study only these two, you will likely solve at least 1 question correctly.

Conclusion

Friends, do not skip Economy. It is a small subject with limited topics. By reading these SSC GD Economy Notes, you can secure those crucial 2-4 marks that others might miss.

We have kept the language very simple so that every student can understand. Download the PDF, memorize the tables, and you are ready for the exam.

All the best for your SSC GD Exam! Jai Hind!

Disclaimer: These notes are for educational purposes. Please check the official SSC notification for the latest syllabus. For more visit universityscope.com