Wednesday, August 31, 2011

Reserve Bank of India (RBI) Grade B Officer Syallabus of Examination

Reserve Bank of India (RBI) Mumbai
Advt. No. 2/2011-12


Last Date to Apply Online : 26 September 2011
Last Date to Submit OFF-LINE Application OR To Submit print out of OL-Line Application :
3 October 2011

 
Scheme of Examination / Selection

(I) Phase I (Objective Type Test): This Paper of 3 hours duration for 200 marks will be held on Sunday, the December 18.2011. The Paper consists tests of i) General Awareness ii) English Language iii) Quantitative Aptitude and iv) Reasoning. Candidates have to secure minimum marks separately for each test as prescribed by the Board. Candidates who secure minimum marks separately for each Test as prescribed will be shortlisted for Phase II of the 'WE' based on the aggregate marks obtained in the Objective Test. The minimum aggregate cut off marks for being shortlisted for Phase II of the WE will be decided by the Board in relation to the number of vacancies. Roll No. of the candidates successful in Phase I of the WE are likely to be published in Employment News / Rozgar Samachar, on the RBI website and a brief notice thereof in leading newspapers in January /February 2012.

(II)  Phase II (Descriptive Type Test): The Phase II Examination will be conducted in March/April 2012 (tentative) only for those candidates who are successful in Phase I (Objective Type Test). The date and time-table will be intimated to the candidates concerned at the appropriate time. The Examination will consist of three Descriptive Type papers-

(i) Paper I - English (ii) Paper II - Economic and Social Issues and (iii) Paper III - Finance and Management. Each of these papers is of 3 hours duration carrying 100 marks.
NOTE: Phase I (except the test of English) and Papers II and III of Phase II will be set bilingually in Hindi and English. Phase I is Objective Type and only marking the correct choice is required. However, Papers II and III of Phase II can be answered either wholly in Hindi or English at the candidate's option.

(III) Syllabus (Phase II):
(i)   Paper I- English:
Essay, Precis writing, Comprehension, Business/Office Correspondence.
(ii) Paper II - Economic and Social Issues:
Growth and Development - Measurement of growth: National Income and per capita income - Poverty Alleviation and Employment Generation in India - Sustainable Development and Environmental issues. Economic Reforms in India - Industrial and Labour Policy - Monetary and Fiscal Policy - Privatisation - Role of Economic Planning. Globalization - Opening up of the Indian Economy- Balance of Payments, Export-Import Policy - International Economic Institutions - IMF and World Bank -WTO - Regional Economic Co-operation. Social Structure in India - Multiculturalism -Demographic Trends - Urbanisation and Migration - Gender Issues - Social Justice: Positive Discrimination in favour of the under privileged - Social Movements - Indian Political System - Human Development - Social Sectors in India, Health and Education.

(iii) Paper III - Finance and Management:
Finance: The Union Budget - Direct and Indirect taxes; Non-tax sources of revenue; Outlays; New Measures; Financial Sector Reforms; Capital Market, Money Market and Foreign Exchange Market; Stock Exchanges and their Regulation; Capital Market Intermediaries and their Regulation; Role of SEBI; Functions of the Money Market; Growth and Operation of the Money Market; The Foreign Exchange Market; From FERA to FEMA; Exchange Rate Management; Exchange Risk Management; Role of Banks and Financial Institutions in Economic Development; Regulation of Banks and Financial Institutions; Disinvestment in Public Sector Units.

Management: Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation. Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader. Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal - Potential appraisal and development - Feedback and Performance Counseling - Career Planning - Training and Development - Rewards -Employee Welfare. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale. 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. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

NOTE: The above syllabus is only indicative and not exhaustive. Keeping in view that candidates from different faculty backgrounds apply for the post, the questions in Papers II and III will be basic in nature. Candidates will be short-listed for interview based on the aggregate marks obtained only in Phase II - Papers I. II and III. The minimum cut off marks for being short-listed for interview will be decided by the Board in relation to the number of vacancies. Candidates may answer the Interview either in Hindi or English at their option. Final selection will be based on the performance of the candidate in Phase II of the 'WE' and Interview.

Saturday, August 20, 2011

Syllabus of SSC-2011 Exam- Combined Higher Seconday

STAFF SELECTION COMMISSION (SSC) India
Combined Higher Secondary Level (10+2) Examination, 2011 for recruitment of Data Entry Operator and Lower Division Clerks


Closing/Last Date:16.09.2011

SYLLABUS OF EXAMINATION

 1.Semantic Analogy
2.Symbolic/Number Analogy
3.Figural Analogy
4.Semantic Classification
5.Symbolic/Number Classification
6.Figural Classification
7.Semantic Series
8.Number Series
9.Figural Series
10.Problem Solving*
11.Word Building
12.Coding and de-coding
13.Numerical operations
14.Symbolic operations
15.Trends
16.Space Orientation
18.Venn Diagrams
19.Drawing inferences
20.Punched hole/pattern-folding & unfolding
21.Figural Pattern – folding and completion
22.Indexing
23.Address matching
24.Data and City matching
25.Classification of centre codes/roll numbers
26.Small & Capital Letters/number-coding, decoding and classification
27.Embedded figures
28.Critical Thinking
29.Emotional Intelligence
30.Social Intelligence
31.Other sub-topics, if any
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 English Language :
1.Spot the Error
2.Fill in the Blanks
3.Synonyms
4.Antonyms
5.Spellings/Detecting Mis-spelt words
6.Idioms & Phrases
7.One word substitution
8.Improvement of Sentences
9.Active/Passive Voice of Verbs
10.Conversion into Direct/Indirect narration
11.Shuffling of Sentence parts
12.Shuffling of Sentences in a passage
13.Cloze Passage
14.Comprehension Passage
(* To be commensurate with the minimum prescribed educational qualifications (10th, 12th Graduate, Post-Graduate) for the post)
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 Numerical Aptitude:
C.1 ARITHMATIC
C.1.1 Number Systems:
Computation of Whole Number
Decimal and Fractions
Relationship between numbers
C.1.2 Fundamental arithmetical operations:
Percentages
Ratio and Proportion
Square roots
Averages
Interest (Simple and Compound)
Profit and Loss
Discount
Partnership Business
Mixture and Alligation
Time and distance
Time and work
C.2 ALGEBRA:
C.2.1 Basic algebraic identities of School Algebra (and their simple applications) e.g. Formulas for (a+b)2,(a-b)2, (a+b)3 (a-b)3 , a3-b3, a3+b3, a2-b2; if a+b+c=0, then a3+b3+c3=3 abc etc. and Elementary surds (simple problems)
C.2.2 Graphs of Linear Equations.
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 C.3 GEOMETRY:
Familiarity with elementary geometric figures and facts:
C.3.1 Triangle and its various kinds of centres viz. Centroid, In-centre, Orthocentre, Circumcentre
C.3.2 Congruence and similarity of triangles
C.3.3 Circle and its chords, tangents, angles subtended by chords of a circle, common tangents to two or more circles.
---------------------------------
C.4 MENSURATION:
C.4.1 Triangle, Quadrilaterals
C.4.2 Regular Polygons (sum of the internal angles of a polygon)
C.4.3 Circle
C.4.4 Right Prism
C.4.5 Right Circular Cone
C.4.6 Right Circular Cylinder
C.4.7 Sphere, Hemispheres
C.4.8 Rectangular Parallelepiped
C.4.9 Regular Right Pyramid with triangular or square Base
C.5: TRIGONOMETRY:
C.5.1 Trigonometry (for acute angles 0 with 0≤0≤90)
Trigonometric ratios
Degree and Radian Measures
Standard Identities like sin20 + Cos20=1 etc.
C.5.2 Complementary Angles, Heights and Distances (simple problems only)
C.6 : STATISTICAL CHARTS :
Use of Tables and Graphs:
C.6.1 Histogram
C.6.2 Frequency polygen
C.6.3 Bar-diagram
C.6.4 Pic-chart
General Awareness: Questions are designed to test the ability of the candidate‟s general awareness of the environment around him and its application to society. Questions are also designed to test knowledge of current events and of such matters of everyday observation and experience in their scientific aspect as may be expected of an educated person. The test will also include questions relating to India and its neighbouring countries especially pertaining to History, Culture Geography, Economic Scene, General policy and scientific research.
NOTE-1: For VH candidates of 40% and above visual disability and opting for SCRIBES there will be no component of Maps/Graphs/Diagrams/Statistical Data in the General Intelligence & Reasoning / General Awareness Paper.
NOTE-2: The questions will be of the level to commensurate with Educational Qualification prescribed for the posts.
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(B) SKILL TEST for DATA ENTRY OPERATOR:
Data Entry Speed of 8,000 (eight thousand) Key Depressions per hour on Computer.
The ‘Speed of 8000 key depressions per hour on Computer’ will be adjudged on the basis of the correct entry of all the key depressions in computer as per the given passage and the duration of the said Test will be 15 (Fifteen) minutes and printed passage in English containing about 2000-2200 strokes/key-depressions would be given to each candidate who would enter the same in the Computer.
The “Data Entry Speed” Skill Test would be of qualifying nature. Candidates allowed to take this test, will have to qualify the test at the prescribed speed on Computer, to be provided by the Commission or the agency authorized by the Commission to conduct such skill test at the Centre/venue so notified.
Only those candidates who qualify in the written part of examination and secure at least minimum qualifying marks as may be fixed by the Commission in their discretion, will be eligible to take the Skill Test.
Only such candidates who qualify in the Skill Test at a speed of not less than 8000 key depressions per hour will be eligible for being recommended for appointment as per their position in the merit list.
None of the candidates including PH candidates who qualify in the written part of the examination will be exempted from the Skill Test as passing of the skill test is the precondition and one of the essential qualifications for appointment to the post of Data Entry Operator.
NOTE-I: Only those candidates who secure at least the minimum qualifying marks in the written examination, as may be fixed by the Commission at their discretion, will be called for skill test.
Provided that candidates belonging to Scheduled Castes, Scheduled Tribes, OBC, ExS and PH may be called for the Skill Test by the Commission by applying relaxed standards if the Commission is of the opinion that sufficient number of candidates of these categories are not likely to be called for the skill test on the basis of general standard in order to fill up the vacancies reserved for these categories (i.e. SC, ST, PH, ExS and OBC).
NOTE-II: Central Government civilian employees availing age relaxation must furnish “No Objection Certificate” from their Employer/Office at the time of the skill test, failing which the benefit of age relaxation will not be allowed to such candidates and they will not be allowed to appear in the Skill Test.
The skill test will be held at the Commission's Regional Offices or other centers as may be decided by the Commission.
(C) Typing Test for LDCs:
Typing Test will be conducted for those candidates who qualify in the Written Examination. Such Typing Test will be conducted only in English or Hindi and candidates while applying for the Examination, will have to indicate his/her choice/option for Skill Test Medium in the Application Form.
Typing Test to be administered on the Computer, to be provided by the Commission or any agency authorized by the Commission will be of qualifying in nature.
Candidates opting for English medium should have typing speed of 35 words per minute and those opting for Hindi medium should have typing speed of 30 words per minute.
The speed will be adjudged on the accuracy of typing on the Computer of a given text passage in 10 minutes. Visually Handicapped candidates (with 40% disability and above) will be allowed 30 minutes.
Passage Dictators will be provided to each of VH candidates by the Commission for the Typewriting test. The Passage Dictators will read out the passage to the VH candidates within the allotted time period.
NOTE-I :35 w.p.m. and 30 w.p.m. corresponds to 10500 key depressions per hour/9000 key depressions per hour respectively.
NOTE-II: A candidate who claims to be permanently unfit to take the typewriting test because of a physical disability may, with the prior approval of the Commission, be exempted from the requirement of appearing and qualifying at such test, provided such a candidate submits a Certificate in the prescribed format to the Commission from the competent Medical Authority, i.e., the Civil Surgeon declaring him/her to be permanently unfit for the Typewriting Test because of a physical disability.
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NOTE-III: If a candidate who submits a Medical Certificate from the Medical Board attached to VRC for PH persons or from the Medical Board attached to Special Employment Exchange for PH persons, his/her claim for exemption from Typewriting Test would be accepted. However, if, she/he submits Medical Certificate from Civil/Orthopaedic Surgeon, his/her case would be referred to a Medical Board in a Government Hospital or Medical Board attached to VRC/Special Employment Exchange for PH persons for clearance.
Candidates seeking exemption from Typing test on medical ground must substantiate their claim by furnishing the relevant Medical Certificate in the prescribed Format as published in this Notice (Annexure-IX ) at the time of Typing Test. Otherwise their claim for seeking exemption from Typing Test will not be entertained by the Commission.
NOTE-IV : If any candidate does not opt for any medium for typing, his option will be deemed to be for English medium.
9. GENERAL INSTRUCTIONS TO BE COMPLIED BY THE CANDIDATES IN THE WRITTEN EXAMINATION
(i) Candidates must write the papers/indicate the answers in their own hand.
(ii) In the question papers, wherever necessary, the Metric systems of weights and measures only will be used.
(iii) Candidates are not permitted to use calculators and other electronic gadgets except as specified in the Notice. They should not, therefore, bring the same inside the Examination Premises / Venue.
(iv) If any candidate is found to possess mobile phones or any other means of wireless communication in the working or switched off mode in the examination hall, his/her candidature shall be cancelled forthwith.

10. MODE OF SELECTION :
Candidates will be shortlisted for the skill test on the basis of their performance in the Written Examination. Candidates who qualify in the skill test will be recommended for appointment by the Commission on the basis of their performance in the Written Examination. Nomination of candidates will be made to User Departments depending upon their merit position and option for Group „X‟ and Group „Y‟ posts, irrespective of whether they took the typing test in English / Hindi unless the User Department specifically seeks candidates with typing skill in either of these languages.
Provided that SC, ST, OBC and PH candidates, who are selected on their own merit without relaxed standards, alongwith candidates belonging to other communities, will not be adjusted against the reserved share of vacancies. Such SC, ST, OBC and PH candidates will be accommodated against the general/unreserved vacancies as per their position in the overall Merit List. The reserved vacancies will be filled up separately from amongst the eligible SCs.

STs, OBCs, and PH candidates which will, thus, comprise of SC , ST, OBC and PH candidates who are lower in merit than the last general candidate on merit list of unreserved category but otherwise found suitable for appointment even by relaxed standard.

An Ex-Serviceman or Physically Handicapped category candidate who qualifies on the basis of relaxed standards viz. age limit, experience or qualifications, permitted number of chances in written examination, extended zone of consideration, etc. is to be counted against reserved vacancies and not against general vacancies subject to fitness of such candidate for selection. Such candidates may also be recommended at the relaxed standards to the extent the number of vacancies reserved for them, to make up for the deficiency in the reserved quota, irrespective of their rank in the order of merit. In so far as cases of Ex-Serviceman are concerned, deduction of the military service rendered from the age of Ex-Servicemen is permissible against the reserved or unreserved posts and such exemption cannot be termed as relaxed standards in regard to age.
Success in the examination confers no right of appointment unless government are satisfied after such enquiry as may be considered necessary that the candidate is suitable in all respects of appointment to the service/post.
11. RESOLUTION OF TIE CASES (Ties cases will be resolved by applying one after another, as applicable till the Tie is resolved).
(i) Total marks in the written examination.
(ii) Date of Birth, with older candidate placed higher.
(iii)Alphabetical order in which the first names of the candidates appear.
12. HOW TO APPLY : Applications must be submitted only in the prescribed format
( Annexure-I ) or On-line. For detailed instructions relating to the application form and how the application is to be submitted, Annexure - II A or Annexure - II B, for paper applications and on-line applications respectively, may be referred to.
For filling up Paper Application please see the respective paras at Annexure-II-A. Para numbers of Annexure-II-A refer to column numbers of Application form.
13. Preference
Candidates will be required to indicate in the application form for the Examination, the order of preference for the posts of Data Entry Operator and Lower Division Clerk and preference of Group-X & Y service.
Preferences of Departments/Offices for allocation(subject to availability of confirmed number of vacancies for the concerned Offices/Ministries)
Group X:
The posts of LDC, are expected to be located in the following offices/Services:
A. ARMED FORCES HEADQUARTERS’CLERICAL SERVICE LOWER DIVISION GRADE
B. ELECTION COMMISSION OF INDIA
C. INTELLIGENCE BUREAU
E. COAST GUARD, NEW DELHI
G. INDIAN FOREIGN SERVICE(B) GRADE IV
H. CENTRAL BUREAU OF INVESTIGATION
I. O/o CONTROLLER GENERAL OF ACCOUNTS
J. MINISTRY OF PARLIAMENTARY AFFAIRS
K. PRESIDENT’S SECRETARIAT
L. CENTRAL VIGILANCE COMMISSION
O. ANY OTHER DEPARTMENT/OFFICE NOT MENTIONED ABOVE
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For details visit : http://ssc.nic.in/whats%20new%20html/latest_news/Combined%20_DEO_%20LDC_Exam.pdf

Monday, August 8, 2011

UPSC IES/ISS Exam 2011 - INDIAN ECONOMIC SERVICE/INDIAN STATISTICAL SERVICE EXAMINATION, 2011

UNION PUBLIC SERVICE COMMISSION (UPSC)
Dholpur House, Shahjahan Road, New Delhi – 110 069

SCHEME /SYLLABUS FOR INDIAN ECONOMIC SERVICE/INDIAN STATISTICAL SERVICE EXAMINATION, 2011
Reference / Source : Employment News Paper / Rozgar Samachar Paper 30 July - 5 August 2011 , UPSC Website

SCHEME OF EXAMINATION
SECTION-I
1. The examination shall be conducted according to the following Plan:
Part I.
Written examination carrying a maximum of 1000 marks in the subjects as shown below.
Part II.
maximum of 200 marks.
Viva voce of such candidates as may be called by the Commission, carrying a
PART-I
The subjects of the written examination under Part I, the maximum marks allotted to each subject/paper and the time allowed shall be as follows:-
A. INDIAN ECONOMIC SERVICE
Sl.No. Subject Maximum marks Time allowed
1. General English 100 3 hours
2. General Studies 100 3 hours
3. General Economics-I 200 3 hours
4. General Economics-II 200 3 hours
5. General Economics-III 200 3 hours
6. Indian Economics 200 3 hours
B. INDIAN STATISTICAL SERVICE
Sl.No. Subject Maximum marks Time allowed
1. General English 100 3 hours
2. General Studies 100 3 hours
3. Statistics-I 200 3 hours
4. Statistics-II 200 3 hours
5. Statistics-III 200 3 hours
6. Statistics-IV 200 3 hours
Note:
2. The question papers in all the subjects will be of Conventional (essay) type.
3. ALL QUESTION PAPERS MUST BE ANSWERED IN ENGLISH. QUESTION PAPERS
WILL BE SET IN ENGLISH ONLY.
4. Candidates must write the papers in their own hand. In no circumstances, will they be allowed the help of a scribe to write the answers for them.
5. The Commission have discretion to fix qualifying marks in any or all the subjects of the examination.
6. If a candidate’s handwriting is not easily legible, a deduction will be made on this account, from the total marks otherwise accruing to him/her.
7. Marks will not be allotted for mere superficial knowledge.
8. Credit will be given for orderly, effective and exact expression combined with due economy of words.
9. In the question papers, wherever required, SI units will be used.
10. Candidates will be allowed the use of Scientific (Non-Programmable type) Calculator at the examination. Programmable type calculators will, however, not be allowed and the use of such calculators shall tantamount to resorting to unfair means by the candidates. Loaning or interchanging of calculators in the Examination Hall is not permitted.
11. Candidates should use only International form of Indian numerals (e.g. 1,2,3,4,5,6
etc.) while answering question papers.
The details of standard and syllabi for the examination are given in Section II below.
PART-II
Viva voce–
The interview is intended to supplement the written examination for testing the general and specialised knowledge and abilities of the candidate. The candidate will be expected to have taken an intelligent interest not only in his/her subjects of academic study but also in events which are happening around him/her both within and outside his/her own State or country, as well as in modern currents of thought and in new discoveries which should rouse the curiosity of well-educated youth.
2. The technique of the interview is not that of a strict cross examination, but of a natural, through directed and purposive conversation, intended to reveal mental qualities of the candidate and his/her grasp of problems. The Board will pay special attention to assessing the intellectual curiosity, critical powers of assimilation, balance of judgement and alertness of mind, the ability for social cohesion, integrity of character, initiation and capacity of leadership.
The candidate will be interviewed by a Board of competent and unbiased observers who will have before them a record of his/her career. The object of the interview is to assess his/her suitablity for the Service for which he/she has competed.
SECTION-II
STANDARD AND SYLLABI
The standard of papers in General English and General Studies will be such as may be expected of a graduate of an Indian University.
The standard of papers in the other subjects will be that of the Master’s degree examination of an Indian University in the relevant disciplines. The candidates will be expected to illustrate theory by facts, and to analyse problems with the help of theory.
They will be expected to be particularly conversant with Indian problems in the field of
Economic/Statistics.
GENERAL ENGLISH
Candidates will be required to write an essay in English. Other questions will be designed to test their understanding of English and workmanlike use of words.
Passages will usually be set for summary or precis.
GENERAL STUDIES
General Knowledge including knowledge of current events and of such matters of every day observation and experience in their scientific aspects as may be expected of an educated person who has not made a special study of any scientific subject. The paper will also include questions on Indian Polity including the political system and the Constitution of India, History of India and Geography of a nature which the candidate should be able to answer without special study.
GENERAL ECONOMICS-I
PART A:
1. Theory of Consumer’s Demand:
Cardinal utility Analysis; Marginal utility and demand, Consumer’s surplus, Indifference curve Analysis and utility function, Price income and substitution effects, Slutsky theorem and derivation of demand curve,Revealed preference theory. Duality and indirect utility function and expenditure function, Choice under risk and uncertainty.
2. Theory of Production:
Duality and cost function, Measures of productive efficiency of firms, technical and allocative efficiency. Partial Equilibrium versus General Equilibrium approach.
Equilibrium of the firm and industry.
Factors of production and production function. Forms of Production Functions: Cobb-Douglas, CES and Fixed coefficient type, Translog production function. Laws of return, Returns to scale and Return to factors of production.
3. Theory of Value:
Pricing under different market structures, public sector pricing, marginal cost pricing, peak load pricing, cross-subsidy free pricing and average cost pricing. Marshallian and Walrasian stability analysis. Pricing with incomplete information and moral hazard problems.
4. Theory of Distribution:
Neo classical distribution theories; Marginal productivity theory of determination of factor prices, Factor shares and adding up problems. Euler’s theorem, Pricing of factors under imperfect competition, monopoly and bilateral monopoly. Macro-distribution theories of Ricardo, Marx, Kaldor, Kalecki.
5. Welfare Economics:
Inter-personal comparison and aggregation problem, Public goods and externality, Divergence between social and private welfare, compensation principle. Pareto optimality. Social choice and other recent schools, including Coase and Sen and Game theory.
PART B:
Quantitative Methods in Economics:
1. Mathematical Methods in Economics:
in economics. Linear algebra and Linear programming in economics and Input-output model of Leontief.
Differentiation and Integration and their application in economics. Optimisation techniques, Sets, Matrices and their application
2. Statistical and Econometric Methods:
curves based on various linear and non-linear function. Least square methods and
other multivariate analysis (only concepts and interpretation of results). Analysis of
Variance, Factor analysis, Principle component analysis, Discriminant analysis.
Income distribution: Pareto law of Distribution, lognormal distribution, measurement
of income inequality. Lorenze curve and Gini coefficient.
Measures of central tendency and dispersions, Correlation and Regression. Time series. Index numbers. Sampling and Survey methods. Testing of hypothesis, simple non-parametric tests. Drawing of
GENERAL ECONOMICS-II
1. Economic Thought:
Keynesian and Monetarist schools of thought.
Mercantilism Physiocrats, Clasical, Marxist, Neo-classical,
2. Concept of National Income and Social Accounting:
Green national income.
Measurement of National Income, Inter relationship between three measures of national income in the presence of the Government sector and International transactions. Environmental considerations,
3. Theory of employment, Output, Inflation, Money and Finance:
of Employment and Output and Neo classical approaches. Equilibrium, analysis under
classical and neo classical analysis. Keynesian theory of Employment and output.
Post Keynesian developments. The inflationary gap; Demand pull versus cost push inflation, the Philip’s curve and its policy implication. Classical theory on Money, Quantity theory of Money. Friedman’s restatement of the quantity theory, the neutrality of money. The supply and demand for loanable funds and equilibrium in financial markets, Keynes’ theory on demand for money.
The Classical theory
4. Financial and Capital Market:
Finance and economic development, financial markets, stock market, gift market, banking and insurance. Equity markets, Role of Primary and Secondary markets and efficiency, Derivatives markets; Futures and options.
5. Economic Growth and Development:
Concepts of Economic Growth and Development and their measurement: characteristics of less developed countries and obstacles to their development – growth, poverty and income distribution. Theories of growth: Classical Approach: Adam Smith, Marx and Schumpeter – Neo classical approach; Robinson, Solow, Kaldor and harrod Domar. Theories of Economic Development, rostow, Rosenstein-Roden, Nurske, Hirschman, Leibenstien and Arthur Lewis, Amin and Frank (Dependency school) respective role of the state and the market. Utilitarian and Welfariest approach to social development and A K Sen’s critique. Sen’s capability approach to economic development. The Human Development Index. Physical quality of Life Index and Human Povery Index.
6. International Economics:
Ricardo, Haberler, Heckscher-Ohlin and Stopler-Samuelson – Theory of Tariffs –
Regional Trade Arrangements.
Gains from International Trade, Terms of Trade, policy, international trade and economic development – Theories of International Trade;
7. Balance of Payments:
Disequilibrium in Balance of Payments, Mechanism of Adjustments, Foreign Trade Multiplier, Exchange Rates, Import and Exchange Controls and Multiple Exchange Rates.
8. Global Institutions:
and WTO, Multinational Corporations.
UN agencies dealing with economic aspects, World Bank, IMF
GENERAL ECONOMICS-III
1. Public Finance:
taxation; Theories of public expenditure: objectives and effects of public expenditure,
public expenditure policy and social cost benefit analysis, criteria of public investment
decisions social rate of discount, shadow prices of investment, unskilled labour and
foreign exchange. Budgetary deficits. Theory of public debt management.
Theories of taxation: Optimal taxes and tax reforms, incidence of
2. Environmental Economics:
UN Methodology of Integrated Environmental and Economic Accounting.
Environmental Values: Users and non-users values; option value. Valuation Methods:
Stated and revealed preference methods. Design of Environmental Policy Instruments:
Pollution taxes and pollution permits, collective action and informal regulation by local
communities. Theories of exhaustible and renewable resources. International
environmental agreements. Climatic change problems. Kyoto protocol, tradable permits
and carbon taxes.
Environmentally sustainable development, Green GDP,
3. Industrial Economics:
differentiation and market concentration, monopolistic price theory and oligopolistic
interdependence and pricing, entry preventing pricing, micro level investment decisions
and the behavior of firms, research and development and innovation, market structure
and profitability, public policy and development of firms.
Market structure, conduct and performance of firms, product
4. State, Market and Planning:
and market. Indicative Planning. Decentralised Planning.
------------------------------------------------------------------------------------------------------------------------------
Planning in a developing economy. Planning regulation
INDIAN ECONOMICS
1. History of Development and Planning:
of self reliance based on import substitution and protection, the post 1991 globalisation
strategies based on stabilization and structural adjustment packages: fiscal reforms,
financial sector reforms and trade reforms.
Alternative Development Strategies – goal
2. Federal Finance:
the states, Finance Commissions and their formulae for sharing taxes, Financial aspect
of Sarkaria Commission Report, Financial aspects of 73rd and 74th Constitutional
Amendments.
Constitutional provisions relating to fiscal and financial powers of
3. Poverty, Unemployment and Human Development:
poverty measures for India, appraisal of Government measures, India’s human
development record in global perspective. India’s population policy and development.
Estimates of inequality and
4. Agriculture and Rural Development Strategies:
land relations and land reforms, rural credit, modern farm inputs and marketing – price
policy and subsidies; commercialization and diversification. Rural development
programmes including poverty alleviation programmes, development of economic
and social infrastructure and New Rural Employment Guarantee Scheme.
Technologies and institutions,
5. India’s experience with Urbanisation and Migration:
flows and their impact on the economies of their origin and destination, the process of
growth of urban settlements; urban development strategies.
Different types of migratory
6. Industry:
Policy relating to small scale industries. Competition policy, Sources of industrial
finances. Bank, share market, insurace companies, pension funds, non-banking
sources and foreign direct investment, role of foreign capital for direct investment and
portfolio investment, Public Sector reform, privatization and disinvestments.
Strategy of Industrial development: Industrial Policy Reforms; Reservation
7. Labour:
and labour welfare – strategies for employment generation – Urban labour market
and informal sector employment, Report of National Commission on Labour, Social
issues relating to labour e.g. Child Labour, Bonded Labour, International Labour
Standard and its impact.
Employment, unemployment and under-employment, industrial relations
8. Foreign Trade:
organization of trade, recent changes in trade policy, balance of payments, tariff policy,
exchange rate, India and WTO requirements.
Sailent features of India’s foreign trade, composition, direction and
9. Money and Banking:
changing roles of the Reserve Bank of India, commercial banks, development finance
institutions, foreign banks and non-banking financial institutions, Indian capital market
and SEBI, Development in Global Financial Market and its relationship with Indian
Financial Sector.
Financial sector reforms, Organisation of India’s money market,
10. Inflation:
Wholesale Price Index, Consumer Price Index: components and trends.
Definition, trends, estimates, consequences and remedies (control):
11. Budgeting and Fiscal Policy:
fiscal reforms, Public debt management and reforms, Fiscal Responsibility and Budget
Management (FRBM) Act, Black money and Parallel economy in India definition,
estimates, genesis, consequences and remedies.
Tax, expenditure, budgetary deficits, pension and
STATISTICS-I
1. Probaility
Elements of measure theory, Classical definitions and axiomatic approach. Sample
space. Class of events and Probability measure. Laws of total and compound
probability. Probability of m events out of n. Conditional probability, Bayes’ theorem.
Random variables - discrete and continuous. Distribution function. Standard probability
distributions - Bernoulli, uniform, binomial, Poisson, geometric, rectangular,
exponential, normal, Cauchy, hypergeometric, multinomial, Laplace, negative binomial,
beta, gamma, lognormal and compound. Poisson distribution. Joint distributions,
conditional distributions, Distributions of functions of random variables. Convergence
in distribution, in probability, with probability one and in mean square. Moments and
cumulants. Mathematical expectation and conditional expectation. Characteristic
function and moment and probability generating functions Inversion uniqueness and
continuity theorems. Borel 0-1 law: Kolmogorov’s 0-1 law. Tchebycheff’s and
Kolmogorov’s inequalities. Laws of large numbers and central limit theorems for
independent variables. Conditional expectation and Martingales.
2. Statistical Methods
(a) Collection, compilation and presentation of data, Charts, diagrams and histogram.
Frequency distribution. Measures of location, dispersion, skewness and kurtosis.
Bivariate and multivariate data. Association and contingency. Curve fitting and
orthogonal polynomials. Bivariate normal distribution. regression-linear, polynomial.
Distribution of the correlation coefficient, Partial and multiple correlation, Intraclass
correlation, Correlation ratio.
(b) Standard errors and large sample test. Sampling distributions of x,s2, t, chisqure
and F; tests of significance based on them, Small sample tests.
(c) Non-parametric tests-Goodness of fit, sign, median, run, Wicloxon, Mann-Whitney,
Wald-Wolfowitz and Kolmogorov-Smirnov. Rank order statistics-minimum, maximum,
range and median. Concept of Asymptotic relative effciency.
3. Numerical Analysis
Interpolation formulae (with remainder terms) due to Lagrange, Newton-Gregory,
Newton Divided different, Gauss and Striling. Euler-Maclaurin’s summation formula.
Inverse interpolation. Numerical integration and differentiation. Difference equations
of the first order. Linear difference equations with constant coefficients.
STATISTICS-II
1. Linear Models
Theory of linear estimation. Gauss-Markoff setup. Least square estimators. Use of ginverse.
analysis of one-way and two way classified data-fixed, mixed and random
effect models. Tests for regression coefficients.
2. Estimation
Characteristics of good estimator. Estimation methods of maximum likelihood, minimum
chi-square, moments and least squares. Optimal properties of maximum likelihood
estimators. Minimum variance unbiased estimators. Minimum variance bound
estimators. Cramer-Rao inequality. Bhattacharya bounds. Sufficient estimator.
factorisation theorem. Complete statistics. Rao-Blackwell theorem. Confidence interval
estimation. Optimum confidence bounds. Resampling, Bootstrap and Jacknife.
3. Hypotheses testing and Statistical Quality Control
(a) Hypothesis testing:
region. Different types of critical regions and similar regions. Power function. Most
Simple and composite hypothesis. Two kinds of error. Critical
powerful and uniformly most powerful tests. Neyman-Pearson fundamental lemma.
Unbiased test. Randomised test. Likelihood ratio test. Wald’s SPRT, OC and ASN
functions. Elements of decision and game theory.
b) Statistical Quality Control:
Sampling by attributes-Single, double, multiple and sequential Sampling plans;
Concepts of AOQL and ATI; Acceptance Sampling by variables-use of Dodge-Romig
and other tables.
Control Charts for variable and attributes. Acceptance
4. Multivariate Analysis
Multivariate normal distribution. Estimation of mean Vector and covariance matrix.
Distribution of Hotelling’s T2-statistic, Mahalanobis’s D2-statistic, and their use in
testing. Partial and multiple correlation coefficients in samples from a multivariate
normal population. Wishart’s distribution, its reproductive and other properties. Wilk’s
criterion. Discriminant function. Principal components. Canonical variates and
correlations.
STATISTICS-III
1. Sampling Techniques:
Census versus sample survey. Pilot and large scale sample surveys. Role of NSS
organisation. Simple random sampling with and without replacement. Stratified
sampling and sample allocations. Cos and Variance functions. Ratio and Regression
methods of estimation. Sampling with probability proportional to size. Cluster, double,
multiphase, multistage and systematic sampling. Interpenetrating sub-sampling. Nonsampling
errors.
2. Design and Analysis of Experiments
Principles of design of experiments. Layout and analysis of completely randomised,
randomised block and Latin square designs. Factorial experiments and confounding
in 2n and 3n experiments. Split-plot and strip-plot designs. Construction and analysis
of balanced and partially balanced incomplete block designs. Analysis of covariance.
Analysis of non-orthogonal data. analysis of missing and mixed plot data.
3. Economic Statistics
Components of time series. Methods of their determination-variate difference method.
Yule-Slutsky effect. Correlogram. Autoregressive models of first and second order.
Periodogram analysis. Index numbers of prices and quantities and their relative merits.
Construction of index numbers of wholesale and consumer prices. Income distribution-
Pareto and Engel curves. Concentration curve.
Methods of estimating national income. Inter-sectoral flows. Inter-industry table. Role
of CSO.
4. Econometrics
Theory and analysis of consumer demand-specification and estimation of demand
functions. Demand elasticities. Structure and model. Estimation of parameters in single
equation model-classical least squares, generalised least-square, heteroscedasticity,
serial correlation, multi-collinearity, errors in variable model. Simultaneous equation
models-Identification, rank and other conditions. Indirect least squares and two stage
least squares. Short-term economic forecasting.
STATISTICS-IV
1. Stochastic Processes
Specifications of a Stochastic Process, Markov chains, classification of states, limiting
probabilities; stationary distribution; Random walk and Gambler’s ruin problem. Poisson
process, Birth and death process; applications to Queues-M/M/I and M/M/C models.
Branching Process.
2. Operations Research:
Elements of linear programming. Simplex procedure. Pirnciple of duality. Transport
and assignment problems. Single and multi-period inventory control models. ABC
analysis. General simulation problems. Replacemnet models for items that fail and or
items that deteriorate.
3. Demography and Vital Statistics:
The life table, its constitution and properties. Makehams and Gompertz curves. National
life tables. UN model life tables. Abridged life tables. Stable and stationary populations.
Different birth rates. Total fertility rate. Gross and net reproduction rates. Different
mortality rates. Standardised death rate. Internal and international migration: net
migration. International and postcensal estimates. Projection method including logistic
curve fitting. Decennial population census in India.
4. Computer Application and Data Processing:
(a) Computer Application
Computer system concepts:
Central Processing unit, Main memory, Bit, Byte, Word, Input/Output Devices, Speeds
and memory Capacities in computer systems.
Computer system components and functions. The
Software concepts:
System, application Software, Software for multi-tasking, multi-programming, Batch
Processign Mode, Time sharing mode, Concept of System Support Programme,
Overview of Existing Software packages on Word Processing and Spreadsheets.
Overview of Operating Systems, Types and Functions of Operating
Overview of an application Specific Programme:
Fundamental of design and analysis of Algorithm; Basics of data structure, Queue,
Stack.
Flow charts, Basics of Algorithm,
(b) Data Processing
Data processing:
of integers, Binary representation of real numbers, Logical Data element like character,
fields, records, files, Fundamentals of data transmission and processing incluidng
error control and error processing.
Digital Number System, Number conversions, Binary representation
Data base management:
organisation and procesing. (a) Direct, (b) Sequantial, (c) Indexed Sequential file.
Concepts of Client Server architecture, Data Base Administrator. An overview of DBMS
software.
Data Resource management. Data base and file