Wednesday, 15 May 2013


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(CATEGORY NO.106/2011)
Part I. Economics 
1.National Income: Concept and Measurement: Concepts of National Income-lnter-relationships
among different Concepts-Methods of Measuring National Income-National Income as a Measure
of Economic Welfare-National Income Accounting-Social Accounting-input-output AccountingFlow of Funds Accounts.
2.Economic planning: Types of Planning-Economic Planning in India-Objectives
Achievements and Failures of Planning in India- 12th Five Year Plan-Mobilisation of Resources
for Indian Plans-The strategy of Indian Planning- Plan Models in the Indian Five Year PlansPoverty and Unemployment-Economic Inequalities in India-Measures for Reducing Poverty,
Unemployment and Income Inequalities.
3. Financial Economics: Financial System- Meaning - Financial Intermediation-Non
 Banking Financial Intermediaries(NBFI) - Financial Markets- Indian Financial system-
 Constitutional changes since 1991 -Financial Sector Reforms in India- Reserve Bank of
 India- Promotional Role of RBI -Monetary Policy-Instruments of Credit Control
 Monetary and Credit Policy of the Reserve Bank of India
4. Fiscal Federalism: Concept of Federal Finance-Principles of Federal Finance-Fiscal
Imbalance- Vertical and Horizontal Imbalance-Methods of Inter governmental Resource
Transfer-Fiscal Federalism in India-Centre-state Financial Relations in India-Finance
Commission in India-Recommendations of the 13 th Finance Commission .
5. Budget and Budgetary Control: Budget-Meaning and definition- Types or
Classification of Budget-Zero Based Budgeting-Modern Classification of Budget-
Performance Budgeting in India –Planning, Programming and Budgeting System (PPBS )-The
Budgetary Process in India-Execution of the Budget-Budgetary deficits
Budgetary Control- Meaning and definition & objectives and Methods-Steps in Budget
Control-Budgeting and Budgetary Control as a tool of Management.
6. Public Administration: Basic concepts and principles of Public Administration – Evolution of
the concept and its present status – New Public Administration – Public Choice Approach –
Challenges of Liberalisation, Privatisation and Globalisation – Good Governance – Concept and
Application _ New Public Management – The concepts of Accountability and control –
Legislative, Executive and Judicial Control –Citizen and Administration – Role of Civil Society,
Peoples Participation and Right to Information.
Part II. Statistics
1.. Sampling theory
 Indian and State statistical systems, Types data-: Primary and Secondary data. Collection of
primary data- Concept of sampling- sampling vs complete enumeration methods, sampling and non
sampling errors, Advantages of sampling over complete enumeration method. Planning of sample
surveys, sampling from a finite population, Preparation of questionnaire, Methods of sampling-
probability sampling methods: Simple Random Sampling:- selection of a simple random sample -
estimation of parameters in SRS - choice of sample size, Stratified Random Sampling:- advantages -
equal, proportional and Neyman's optimum allocation and estimation of sample parameters,
Systematic sampling, Cluster sampling, PPS sampling, double sampling, Multi-Stage Sampling. Nonrandom (probability) sampling methods- Judgment sampling, convenience sampling, Quota sampling.
2. Basic statistical methods
Introduction: Definition of statistics, Classification and tabulation of data, Diagrammatic
representation of Data: One dimensional diagram, two dimensional diagrams, Pictograms and
Cartograms. Graphical Presentation of data: Histogram, Frequency Polygon, frequency curve, Cumulative
Frequency Curves, Measures of Central Tendency-simple arithmetic mean, median, mode,
geometric mean, harmonic mean, weighted arithmetic mean. Dispersion: Measures of Dispersionrange, quartile deviation, mean deviation and standard deviation. Relative measures of dispersion-
Coefficient of Variation, Skewness, Kurtosis and their measures. Correlation: Scatter Diagram,
Correlation Coefficient- simple, partial and multiple correlation coefficients, Rank Correlation
Coefficient, Regression analysis, method of least squares, estimation of Simple linear Regression
and its applications , Interpretation of Regression Coefficient, Coefficient of determination, fitting
of multiple linear regression, and nonlinear regressions
3. Probability theory
Probability: Classical definition, Axiomatic definition, Basic concepts, Theorems in probability:
Addition and multiplication theorems, Conditional Probability, condition for independence, Bayes
theorem. Univariate Random variables: Discrete and Continuous random variables and Probability
distribution functions, Cumulative Distribution function, Mathematical Expectation. Theoretical
probability distributions: Binomial, Poisson and normal distributions. Sampling Distributions- Student's t
distribution, Chi-square distribution, Snedecor's F-distribution (Basic concepts only)
4. Statistical inference
Concepts of point estimation and Interval estimation-Confidence level, Confidence Interval for
means, proportions and variance. Tests of significance- null and alternate hypothesis, type I error,
type -II error, level of significance, One tailed test and two tailed test, Critical region and power of a
test. Large sample test(test based on standard normal Distribution) - one sample mean, two sample
mean, one sample proportion, two sample proportion, test of significance of two correlation
coefficients etc. Small sample test( t-test)- sample means- independent and related, test of
significance of correlation coefficient. Test of significance of two sample variances- test based on 'F'
distribution, Test based on chi-square distribution:- goodness of fit and independence of attributes.
Analysis of Variance -One way ANOVA, Two way ANOVA, Elementary non-parametric tests.
5. Time series analysis '
(i) Time series Analysis: -Components of Time series, Measurement of Trend. Measuring Trend by
Logarithms, Exponential Trends, Growth Curves.
(ii) Index Numbers: Methods of construction of index numbers- unweighted index numbers, Weighted Index numbers:-Laspeyres Method, Paasche's Method, Fisher's ideal method and Kelly's method, Consumer Price Index numbers. Test of adequacy of index numbers-Unit test, Time reversal test, Factor reversal test and circular test
(iii) Vital Statistics: Methods of Obtaining Vital statistics, Measurement of Fertility- Crude Birth rate,
Specific Fertility rate, Crude Death rate, Standardized Death rates, Infant Mortality rate, Maternal
Mortality Rate, Reproduction rate, Rate of Net Migration.
Part III. Mathematics
Quantitative Aptitude
 Ratio, proportion and variation, L.C.M and H.C.F, laws of exponents, square roots and cube
roots, logarithms, percentages, simple and compound interest, mixtures, averages, simple and
weighted arithmetic averages, time and distance, time and work, area of triangle, parallelogram
and circle, volume and surface area of cubes, cones, cylinders and spheres.
Set theory - Sets and operations on sets. Mathematical induction - The principle of mathematical
induction, simple applications. Logarithms - laws of logarithms including change of base, common
logarithms, simple applications of logarithms. Number system - real numbers and complex
numbers. Quadratic equations. Sequence and series - sequences and examples of finite and infinite
sequences, Arithmetic progression(AP), Geometric progression(GP), Harmonic progression(HP).
Permutation and combination, Binomial theorem. Matrices - concept, notation, order, types of
matrices, addition, multiplication, concept of elementary row and column operations, inverse
matrix. Determinants - properties of determinants, minors and cofactors, adjoint and inverse of a
square matrix, consistency and inconsistency and solving system of linear equation.
Relations and functions - reflexive, symmetric, transitive and equivalence relation, into and onto
functions, one-one into and one-one onto functions, composition of functions and invertible
functions. Limit and continuity, differentiability, derivative of different types of functions and
second order derivatives. Applications of derivatives - rate of change, increasing and decreasing
functions, tangents and normals, approximation, maxima and minima and simple problems.
Integrals - integration of a variety of functions by substitution, by partial fractions and by parts,
definite integrals. Applications of integrals - applications in finding the area under simple curves,
areas of circles, parabolas and ellipse, area between the curves. Differential equations - order and
degree, general and particular solutions of a differential equation. Functions of two variables and
partial derivatives.
Degree measure and radian measure of positive and negative angle, relation between degree and
radian, trigonometric functions, trigonometric functions of sum and difference of angles,
trigonometric functions of multiples and submultiples of angles, inverse trigonometric functions.
Coordinate geometry
Cartesian system of rectangular coordinates, straight lines, circles and conic sections. Vectors -
vectors and scalars, direction cosines/ratios of vectors, types of vectors. Scalar and vector products
of vectors.
Part IV. Commerce 
1.Basics of Accounting
Journal - Subsidiary books - Ledger - Preparation of accounts - Trial balance -Trading, Profit and
loss account and balance sheet.
2 Financial Management
Introduction - Meaning - Definition -Importance - Nature - Scope - Components -Objectives
- Principles - Functions - Liquidity Vs profitability
3 Financial Statement Analysis and Interpretation
Meaning and types of Financial Statements - Analysis and interpretation -Techniques
of Financial Analysis - Limitations of Financial Analysis
4 Ratio Analysis
Meaning and classification of ratios - Profitability ratio - Coverage ratio -Turnover ratio -
Financial ratios, Categories of ratios, Advantages and limitations of ratios - Critical
analysis of ratios
5 Fund flow Analysis
Meaning - Uses - Fund flow and Income Statements - Preparation of Fund flow statement -
Statement of changes in Financial position
6 Cash Flow Analysis
Meaning - Preparation cash flow statement - difference between cash flow analysis and funds
flow analysis - utility of cash flow analysis - Accounting Standard 3 (Revised) Cash flow
statement - Cash forecasts.
7 Management Information Systems
Definition of MIS - Need for a database - utilization of models - Characteristics of MIS
- Sub systems of MIS - Executive Information Systems - Information resource
Management - Role of MIS - Data information - features of information - types of
information - data reduction - Quality of information - Value of information

NOTE: - It may be noted that apart from the topics detailed above, questions from other topics prescribed for the educational qualification of the post may also appear in the question paper. There is no undertaking that all the topics above may be covered in the question paper.


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