13 Decoded APFC Sections120 Question Blueprint
Grammar Mechanics3 subtopics
Vocabulary & Contextual Usage2 subtopics
Structure & Reading Comprehension2 subtopics
Industrial Relations & Trade Unions2 subtopics
New Labour Codes & Wages Legislation1 subtopics
EPFO Organisation & Statutory Schemes1 subtopics
Code on Social Security 2020 & Gig Workers1 subtopics
Developmental Issues and Present Trends in Indian Economy
Fiscal Policy, Tax Reforms & FRBM
Union Budget components, Revenue vs Capital accounts, Fiscal Deficit, GST, and FRBM Act.
Target: EPFO APFC 2026•Topic-Level RAG Context Active•Model: Nemotron 3.5 Lightning 30B / 120B
Topic Overview
Union Budget components, Revenue vs Capital accounts, Fiscal Deficit, GST, and FRBM Act.
Key Syllabus Concepts
- Budget Components: Revenue Receipts/Expenditure vs Capital Receipts/Expenditure
- Deficit Indicators: Fiscal Deficit, Revenue Deficit, Effective Revenue Deficit, Primary Deficit
- Goods and Services Tax (GST) structure, GST Council (Art 279A), and exemptions
- FRBM Act 2003 guidelines, NK Singh Committee recommendations, debt-to-GDP targets
High-Yield Important Points & Rules
- 💡 Primary Deficit = Fiscal Deficit minus Interest Payments.
- 💡 GST Council decisions require 75% weighted majority (Center has 1/3, States have 2/3 weightage).
Historical UPSC EPFO PYQ Relevance
3 Matched PYQs2025•EPFO APFC•General Ability Test• Q.17
Full Question1
Amidst the scuffle and the resultant confusion, the thief managed to slip away.
2
There was not a single person amongst those assembled who was willing to become the leader.
3
Among the members of the community the local doctor was the one who was most respected.
2025•EPFO APFC•General Ability Test• Q.26
Full QuestionWho amongst the following discovered the rock art of Bhimbetka ?
2025•EPFO APFC•General Ability Test• Q.40
Full QuestionConsider the following statements. How many of the above statements is/are correct?
1
The Supreme Court of India and High Courts have exclusive original jurisdiction in disputes amongst two or more States.
2
Only the Supreme Court of India, High Courts and District Courts have the power to issue Writs.
3
Chief Minister of a State has absolutely no role in the entire appointment process of a High Court Judge.
4
Local customs and conventions which do not contradict a Statute or the Constitution are recognised and taken into account by Courts while administering justice in certain spheres.
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