Fiscal Policy, Budget, Deficit Types, FRBM & Public Finance
राजकोषीय नीति, बजट, घाटे के प्रकार, FRBM और सार्वजनिक वित्त
Fiscal Policy, Budget, Deficit Types, FRBM & Public Finance is part of the UPSC Prelims GS Paper I syllabus, under Economy. It appeared in Prelims GS Paper I question papers in 4 of the 10 years from 2016 to 2025 (2017, 2019, 2021, 2023). It is marked high-yield: a topic worth revising more than once.
What should you study in Fiscal Policy, Budget, Deficit Types, FRBM & Public Finance?
- Revenue deficit vs fiscal deficit vs primary deficit
- FRBM Act — targets, escape clauses
- Budget components — capital vs revenue account
- Fiscal federalism — 15th Finance Commission allocations
How often is Fiscal Policy, Budget, Deficit Types, FRBM & Public Finance asked in UPSC Prelims?
Asked in 4 of 10 years, including 2 of the last 5. Highlighted years below are the ones it appeared in.
- 2016: not asked
- 2017: asked
- 2018: not asked
- 2019: asked
- 2020: not asked
- 2021: asked
- 2022: not asked
- 2023: asked
- 2024: not asked
- 2025: not asked
About the Prelims GS Paper I paper
General Studies Paper I is the Prelims paper that decides the cut-off: 100 multiple-choice questions for 200 marks, with negative marking for wrong answers. See all 88 Prelims GS Paper I topics.
Related topics to study next
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- National Income — GDP, GNP, GVA, NNP, Growth Models & MeasurementHigh-yieldasked 5/10 yrs
- RBI, Monetary Policy, Banking System & Financial Sector ReformsHigh-yieldasked 6/10 yrs
- Inflation — Types, Causes, Price Indices (CPI/WPI), Phillips CurveHigh-yieldasked 4/10 yrs
- Poverty, Unemployment, Inclusive Growth & Welfare Schemes (MGNREGA, PM-KISAN etc.)High-yieldasked 4/10 yrs
- International Trade, BoP, Exchange Rate, IMF, WTO & Trade AgreementsHigh-yieldasked 3/10 yrs
- GST, Direct/Indirect Taxes, Tax Reforms & Resource MobilisationHigh-yieldasked 4/10 yrs
- Financial Markets — Capital Markets, SEBI, Insurance, Pension & NBFCsasked 2/10 yrs
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