This is part 2 of the economics for SSC CGL 2025 exam. In Part 2, we have covered banking, financial institutions, inflation, budget and taxation, stocks and debentures, and foreign trade, which consists of a simple introduction of each topic and questions with answers in a PDF. Candidates who have not gone through Part 1 are highly advised to first go through Part 1 so that they can go through the preparation systematically. After this, we will provide the part 3 or last part so that you ensure your complete economics preparation. You are highly advised to bookmark our website so that you can get the latest information or study material. Along with that, we have provided some preparation resources that you can access for free.
Economics for SSC CGL Part 2: Topic-wise and Full Length Mock Tests
Attempt free preparation resources for SSC CGL 2025 Tier 1 exam to improve your preparation level, speed, accuracy, time management skills, etc, for the exam. Preparation of economics for SSC CGL is not enough, you are required to focus on each section individually for overall exam preparation.
Topics Covered in Economics for SSC CGL Part 2
Here we have mentioned those topics and their introduction, whose questions we have provided in the form of a one-liner quiz and a PDF format. You are advised to first go through the introduction and understand the topics carefully, then go to the question section.
- Banking
- Financial Institutions
- Inflation
- Budget and Taxation
- Stocks and Debentures
- Foreign Trade
Economics: Banking
Understanding the functioning and types of banks is crucial for economic and financial literacy.
| Subtopic | Key Points |
|---|---|
| Types of Banks | Commercial (public/private), Cooperative, Regional Rural Banks (RRBs), Central Bank (RBI) |
| Functions of Banks | Accepting deposits, providing loans, credit creation, remittance, locker facility |
| Central Bank (RBI) | Controls monetary policy, issues currency, regulates banks, and manages forex |
| Monetary Policy Tools | Repo rate, Reverse repo, CRR, SLR, Bank rate – used to control inflation & liquidity |
| Financial Inclusion | Providing banking services to unbanked sections, e.g., Jan Dhan Yojana |
Economics: Financial Institutions
Financial institutions help channel savings into investments and maintain economic stability.
| Subtopic | Key Points |
|---|---|
| Types of Institutions | RBI (regulatory), NABARD (rural dev), SIDBI (small industries), SEBI (stock markets), IRDAI (insurance) |
| Role of SEBI | Regulates and protects investors in the securities market |
| NBFCs | Non-Banking Financial Companies provide similar services to banks, but can’t accept demand deposits |
| Cooperative Institutions | Owned by members, provide credit and financial services in rural areas |
| Development Banks | Long-term financing institutions for infrastructure and industry (e.g., IFCI, EXIM Bank) |
Economics: Inflation
Inflation is the rise in general price levels and impacts purchasing power and policy-making.
| Subtopic | Key Points |
|---|---|
| Types of Inflation | Demand-pull (excess demand), Cost-push (rising production cost) |
| Measurement | CPI (Consumer Price Index), WPI (Wholesale Price Index) |
| Effects | Reduces purchasing power, affects savings, leads to higher interest rates |
| Control Measures | Monetary policy by the RBI (e.g., raising interest rates) and fiscal policy (reducing spending) |
| Stagflation | High inflation + high unemployment = economic stagnation |
Economics: Budget and Taxation
The budget outlines government income and spending; taxation is its major revenue source.
| Subtopic | Key Points |
|---|---|
| Types of Budget | Balanced (income = expenditure), Surplus, Deficit |
| Budget Components | Revenue (tax & non-tax) and Capital (borrowings, disinvestment) |
| Types of Taxes | Direct (income tax, corporate tax) and Indirect (GST, excise) |
| Fiscal Deficit | Total expenditure > total receipts (excluding borrowings) |
| Finance Commission | Recommends the distribution of tax revenue between the Centre and the States |
Economics: Stocks and Debentures
These are instruments used by companies to raise funds and are key concepts in financial markets.
| Subtopic | Key Points |
|---|---|
| Shares (Stocks) | Ownership in a company; shareholders get dividends |
| Debentures | Debt instrument; bondholders receive interest regardless of profit |
| Stock Market | Platform to buy/sell securities (e.g., NSE, BSE) |
| IPO & FPO | Initial Public Offering (first time stock issue), Follow-on Public Offering |
| Risk & Return | Stocks: high return, high risk; Debentures: lower risk, fixed return |
Economics: Foreign Trade
Foreign trade allows countries to specialize and boosts economic growth.
| Subtopic | Key Points |
|---|---|
| Types of Trade | Import, Export, and Balance of Trade (BOT) |
| Trade Balance | BOT = Export – Import; Surplus (exports > imports), Deficit (imports > exports) |
| BOP (Balance of Payments) | Includes BOT + capital flows (investments, remittances) |
| Free Trade vs. Protectionism | Free trade promotes competition; Protectionism uses tariffs/quotas to protect domestic industries |
| WTO | The World Trade Organization regulates international trade, resolves disputes |
Economics Questions for SSC CGL Part 2 PDF: Download Free PDF
Here we have provided the free PDF of economics questions for SSC CGL 2025 exam. Download the PDF for free and analyze the types of questions asked from the economics subject in the SSC CGL exam. Along with that, we have provided a one-liner quiz that you can attempt for free for your SSC CGL 2025 exam preparation.
1. The Monetary and Credit Policy is framed/announced by
2. Bank rate is the rate of interest
3. In which year was the Reserve Bank of India established?
4. Reserve Bank of India was nationalised in
5. The fourteen major banks in India were nationalised in the year
6. RBI does not transact the business of which State Government?
7. In which year was the Lead Bank Scheme introduced by the Reserve Bank of India?
8. The Reserve Bank of India issues currency notes (Monetary System) under
9. _____ manages the liquidity in Indian economy.
10. Who has the sole right of issuing currency (except one rupee coins and notes) in India?
Go Through the Economics for SSC CGL Part 1 [Free Ques. PDF]
Here we have provided part 1 of economics for SSC CGL in which we have covered basics of economics, Demand and Supply, Production, Costs, & Consumption, Market, National Income and GDP, and Money. You will get the basic concept of the mentioned topics and questions related to it. Go through the economics part 1 for SSC CGL 2025 exam so that you can prepare economics systematically.
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| Other Blogs of SSC CGL 2025 | |
| SSC CGL Notification | SSC CGL Syllabus |
| SSC CGL Study Plan | SSC CGL Exam Pattern |
| SSC CGL Cut Off | SSC CGL Preparation Strategy |
| SSC CGL Previous Year Question Papers | |
Economics for SSC CGL Part 2: FAQs
Economics Part 2 Banking, Financial Institutions, Inflation, Budget and Taxation, Stocks and Debentures, and Foreign Trade.
Topics included in part 1 are the basics of economics, Demand and Supply, Production, Costs, & Consumption, Market, National Income and GDP, and Money.
Yes, we have provided free topic-wise tests, a free mock test, previous year question papers, etc.
Yes, topic-wise PDFs with explanations and one-liner questions are provided for offline revision.
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