Paper I Package: GK and Mental Ability

Complete one-year preparation package for the Lok Sewa first paper (General Knowledge and General Mental Ability) for Kharidar, Nayab Subba and other posts: syllabus-wise notes, quizzes, mock tests and current affairs.

Basic Concepts of Economics: Definitions, Demand, Supply, Market and Economic Systems - Loksewa Pathsala
Economics and Planning, Paper I Package: GK and Mental Ability

Basic Concepts of Economics: Definitions, Demand, Supply, Market and Economic Systems

Economics studies how people, businesses and governments use limited resources to meet unlimited wants. Lok Sewa papers ask about famous definitions, the law of demand and supply, factors of production, types of market and economic systems. This note explains each concept in simple words with the names and dates you need to remember.

National Income: GDP, GNI, Per Capita Income, Measurement Methods and HDI - Loksewa Pathsala
Economics and Planning, Paper I Package: GK and Mental Ability

National Income: GDP, GNI, Per Capita Income, Measurement Methods and HDI

National income tells us the total value of goods and services an economy produces in a year. Terms like GDP, GNI, per capita income and HDI appear in Lok Sewa papers, the budget speech and the Economic Survey every year. This note explains each term, the three methods of measuring national income and how Nepal’s economy is divided into sectors.

Loksewa Pathsala is an independent educational platform. It is not affiliated with the Public Service Commission (Lok Sewa Aayog) or the Government of Nepal. · लोक सेवा आयोगको आधिकारिक साइट होइन। · Sources & disclaimer
Scroll to Top