Aso Syllabus
Aso Syllabus
PAPER –I
GENERAL STUDIES AND MENTAL ABILITY
PAPER – 2
1. Economic Concepts: Concepts of Production, Consumption and Demand – Concept of Elasticity
- Market Structures and Equilibrium – Price determination.
National Income: concepts and determinants – employment, consumption, savings and
investment. Rate of Interest and Profit. Concepts of Money and measures of money supply,
velocity. Banks and credit creation, Banks and portfolio management, Central Bank and control
over supply of money. Determination of price level - Inflation: meaning, measurement and
control. Public Finance: Budgets, Taxes and non-tax revenues, Budget deficits.
2. International Economics: Free Trade and Protection - Balance of payments accounts and
adjustment - Exchange rate under the exchange markets - International Monetary System and
World Trading order - Brettonwoods system. IMF and the World Bank and their associates.
Sources of growth - capital, Human capital, productivity, Trade and aid, non-economic factors.
3. Indian Economics: Main features: Population; size, composition, quality and growth trend,
occupational distribution, Effects of Births and Deaths. Mass poverty - Unemployment and its types
- Inequality and types thereof - Rural-urban disparities. Foreign Trade: Balance of Payments and
External Debt. Inflation and parallel economy and its effects. Fiscal deficit. Sectoral trends and
regional disparities. Economic Planning in India: Major controversies on planning in India, NITI
Ayog. Broad Fiscal, monetary, industry, trade and agricultural policies.
5. Basics of Computers: Binary system, Octal and Hexadecimal systems. Conversion to and from
Decimal systems. Codes, Bits, Bytes and Words. Memory of a computer, Arithmetic and Logical
operations on numbers. Algorithms and Flow charts. Using Spread Sheet: Basics of Spreadsheet;
Manipulation of cells; Formulas and Functions; Editing of Spread Sheet, printing of Spread Sheet.
6. Introduction to Statistics: Collection of data: primary and Secondary data. methods of Sampling
(Random, Non Random), Definition of Probability – Census- Schedule and questionnaire -
Frequency distribution – Tabulation - Diagrammatic and graphic presentation of data.
8. Measures of Dispersion and Skewness: Dispersion: Meaning and properties –Types : Range
,Quartile Deviation, Mean Deviation, Standard Deviation, Coefficient of Veriation. Skewness:
Meaning – Karl Pearson and Bowl’s measures of skewness, concept of kurtosis – normal distribution.
9. Measure of Relation: Correlation meaning and uses – types of correlation – Karl Pearson’s
correlation coefficient – Spearman’s rank correlation – probable error.
10. Analysis of time series and Index Numbers: Time Series analysis: Meaning and Uses - Components
of time series – Measurement of trend and seasonal variations - Utility of decomposition of time
series - Decentralization of data.
Index Numbers: Meaning and importance – Methods of construction of Index Numbers: Price
Index Numbers, Quantity index Numbers – Tests of Adequacy of Index Numbers -base shifting and
deflation of Index Numbers - Cost of living Index Numbers – Limitations of Index Numbers.
Concepts of price, quantity and cost Index Numbers. Deflation of Index Numbers.