Notification Pages
Notification Pages
Economics: Demand and Supply, Macro Economics, National Income, Public Finance,
Determination of output
and employment, Investment Function, Multiplier and Accelerator, Demand and Supply for
Money, Inflation, Business Cycles, Inflation, Monetary and Fiscal Policy, restrictive v/s
accommodating monetary policy, Banking Functions, Tax & Non-Tax Revenue, Direct &
Indirect Taxes, Fiscal Balance, Public Debt, Public Budget and Foreign Trade and Balance of
Payments, commercial and central banking, process of credit creation,
role of central bank in economic development.
Finance: Ratio analysis, WACC, Capital structure, NPV, IRR, XIRR, CAPM, DCF, Market
models, Investment ratios, valuation ratios, market efficiency, sensitivity analysis, scenario
analysis
Risk Management: Source and Evaluation of Risks, Risk Management Techniques, Risk
Models (VAR, Stress Testing, Scenario Analysis), Credit Risk Management, Enterprise Risk
Management, Operational Risk Management, Non- Investment Risk (Reputation, Regulatory,
IT, Cyber security, Compliance Risk etc.).
General Stream
A. Commerce & Accountancy
a) Accounting as a financial information system;
b) Accounting Standards with specific reference to Accounting for Depreciation, Inventories,
Revenue Recognition, Fixed Assets, Foreign Exchange Transactions, Investments.
c) Cash Flow Statement, Fund flow statement, Financial statement analysis; Ratio analysis;
d) Accounting for Share Capital Transactions including Bonus Shares, Right Shares.
e) Employees Stock Option and Buy-Back of Securities.
f) Preparation and Presentation of Company Final Accounts.
B. Management
a) Management: its nature and scope; The Management Processes; Planning, Organization,
Staffing, Directing and Controlling;
b) The Role of a Manager in an Organization. Leadership: The Tasks of a Leader;
c) Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
d) Human Resource Development: Concept of HRD; Goals of HRD;
e) Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept
of Morale; Factors determining morale; Role of Incentives in Building up Morale.
f) Communication: Steps in the Communication Process; Communication Channels; Oral versus
Written Communication; Verbal versus non-verbal Communication; upward, downward and
lateral communication; Barriers to Communication, Role of Information Technology.
C. Finance
3) General Topics
a) Basics of Derivatives: Forward, Futures and Swap
b) Recent Developments in the Financial Sector of India and World.
c) Financial Inclusion- use of technology
d) Alternate source of finance, private and social cost-benefit, Public-Private Partnership
e) Direct and Indirect taxes; Non-tax sources of Revenue, GST, Finance Commission, Fiscal
Policy, Fiscal Responsibility and Budget Management Act (FRBM),
f) Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI -
components and trends.
The Companies Act, 2013 – Specific reference to Chapter III, Chapter IV, Chapter VIII, Chapter X,
Chapter XI, Chapter XII and Chapter XXVII.