11 January 2017

Economic Issues for GDPI Prep

If you have secured or are expecting an interview short-list from a b-school, you should now focus on your preparation for the highly competitive and rigorous stages like GD, Essay (variously called Written Ability Test or Writing Test), and Interview (GWPI).  

To put in a great performance in GWPI/GDPI, please focus on the following global and national economic issues: 

Global economics

o   Slow global economic recovery;
o   U.S. economy – recovery and growth pangs;
o   Japan and Abenomics;
o   Economic rise of China, and
o   BRICS – why Russia and Brazil are in recession.

Indian economy
o   Current state of the economy;
o   Demonetisation
§       why
§       impact
§       likely outcomes
§       what other steps can be taken to tackle black money and fake currency.

    o   Digital payments
§       E-Wallets
§       UPI
§       AEPS
§       USSD
§       Bank Cards

o   Budget provisions
o   Infrastructure bottlenecks, including in railways;
o   FDI (especially in multi-brand retail, aviation;
o   NITI Aayog;
o   SMART Cities plan;
o   Swachh Bharat, and
o   Make in India and industrial clusters.

 Next part: General GK for GDPI

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