Scheme of Examination:
It will consist of two parts -

A. Part I: Written Examination

It will consist of two Papers –

Paper Subject Marks Duration Time

Paper I (Objective Type Multiple choice) will have 200 questions.

Paper II (Conventional Type) - The candidates will be required to answer questions on any one of
the above subjects mentioned against Paper II.
Note I:
Paper-II (conventional type paper) will be evaluated in respect of only those candidates who
qualify in Paper- I (Objective type paper) at the standard which may be decided by the Commission
at its discretion.
Note II:
Only those candidates who attain minimum qualifying standard in Part-I of the Examination, as may
be fixed by the Commission in their discretion, will be eligible to be called for Personality
Test/Interview.

B. Part II Interview - 100 Marks
The interview/personality test is structured in such a manner that the candidates’ interests,
knowledge, various traits, aptitude, suitability etc. are probed among other things, through academic
qualifications, experience, extra-curricular activities, general awareness/knowledge, depth of
knowledge of the subjects studied (10+2 onwards), communicative skill and over-all personality etc.
Candidates called for interview/personality test have the option to converse either in Hindi or
English language during the interview process.
Syllabus:
Statistics:
Probability, Probability Distribution:
Binomial, Poisson, Normal, Exponential, Compilation, classification, tabulation of statistical data,
Graphical presentation of data, Measures of central tendency, measures of dispersion, measures of
association and contingency, scatter diagram, correlation coefficient, rank correlation coefficient and
linear regression analysis (for two or more variables) excluding partial correlation coefficients,
concept of population, random sample, parameters, statistics, sampling, distribution of x, properties
of estimators and estimation of confidence intervals. Principles of sampling, simple random
sampling, stratified sampling, systematic sampling, etc. Sampling and Non-sampling errors, type-I
and type-II errors.
Concepts of Hypothesis:
Null and alternate: Testing of hypothesis for large samples as well as small samples including Chisquare
tests (Z,T,F,X tests), Index Numbers, Time-series analysis-components of variation and their
estimation.
Economics:
(A) General Economics:

1. Demand and Supply Analysis, including Laws and Interaction.
2. Production Function and Laws of Returns.
3. Commodity pricing, characteristics of various Market Forms & such Market forms.
4. Theory of Factor pricing- Rent, Wage, interest and profit.
5. Theory of Employment- classical and Neo-classical Approach.
6. Keynesian Theory of Employment-Principle of Effective importance of investment,
Relation between saving and inv Effect and the process of Income Generation, post-
Keynesian.
7. Nature and Functions of Money, value of Money, Fluctuation of Money-inflation and
Deflation, Monetary policy, Index Numbers.
8. International Trade- free trade and protection, Theories of Trade.
9. Foreign Exchange-Determination of the rate of Exchange, Parity Theory and Balance
of Payment theory.
10. Public Finance- Nature, Scope and importance of public Finance.
11. Taxation- meaning, Classification and principles of Taxation.
12. Deficit Financing.
13. Fiscal policy.

(B) Indian Economics & General statistics:
1. Statistical investigation-Meaning and planning of investigation.
2. Collection of data and editing of data.
3. Types of sampling.
4. Schedule and questionnaire.
5. Presentation of data-classification, tabulation, etc.
6. Measures of Central Tendency.
7. National income and Accounting- Estimation of National Income, Structural changes
in the Indian Economy, income Data.
8. Agricultural sector – Agricultural Development during planning, credit, Agricultural
price policy, Rural Development, Co-Operative Raj.
9. Industrial Policy and industrial Development.
10. Problems of Economic Development- Indian Planning-Objective and its evolution,
Five Year plans and Role of National Development.
11. Profile of Human Resources- Population and Economic Development, Profile of
India, Nature of population problem-poverty, population control and Government.
12. New Economic policy and Welfare Schemes.
13. Indian public Finance-Indian Revenue, Foreign Aid.
14. Indian Banking and Currency system.
Mathematics:

Algebra:
Algebra of sets, relations and functions of a function, equivalence relation. The system of complex
numbers, De Moivre’s Theorem and its simple applications, Relation between roots and coefficients
of polynomial equation – Evaluation of symmetric function of roots of cubic and biquadrate
equation.
Algebra of Matrices: Determinants, simple properties of determinants, multiplication of
determinants, multiplication of determinants of orders two and three, singular and non-singular
matrices. Inverse of a matrix, Rank of a matrix and application of matrices to the solution of linear
equations (in three unknowns). Convergence of sequences, and sense, tests of convergence of series
with positive terms, Ratio, Root and Gauss tests.

Analytical Geometry: Straight lines, Circles, parabola, ellipse and hyperbola in standard form and
their elementary properties, classification of curves of second degree.
Differential Equation: First order differential equation, Solution of second and higher order liner
differential equations with constant coefficients and simple applications.

Differential and Integral Calculus: Limit, continuity and differentiability of functions, successive
differentiation, derivatives of standard functions, Rolle’s and mean-value Theorems, Maclaurins and
Taylor’s series (Without proof) and their applications, maxima and minima of functions of one
variable. Tangents and normal, curvature, Partial differentiation, Euler’s theorem for homogeneous
function, Tracing of curves. Standard methods of Integration, Reimann’s definition of definite
integral, fundamental theorem of integral calculus, quadrate, rectification, volumes and surface of
solids of revolution.

Statistics: Frequency distributions, Measures of central tendency, measures of dispersion, Skewness
and kurtosis. Random and distribution function. Distributions and poisson distribution, continuous
distributions, rectangular, Normal and exponential distributions, principles of least squares and
regression. Random sampling, random numbers, sampling attributes, Large sample tests for mean
and proportion test of significance, based on t, F AND Chi square distributions.

Commerce with Statistics: This paper will cover all the subjects of Commerce commonly taught in
the Degree Course of Indian Universities, namely Accountancy, Business Economics, Taxation,
Company Law, Auditing, Business Communication, Mathematical Ability including Statistics,
Operational Research, International Trade, Marketing and Advertising, Business Management,
Business Organizations, Human Resource Management, Banking, Insurance, Partnership, Mercantile
Law, Investments, Shares/Debentures, etc. (for details of Statistics topics, refer to Statistics).
Commerce:
covering all the subjects of Commerce commonly taught in the Degree Course of Indian
Universities, namely:

Accountancy: Conceptual framework, Income measurement, Final accounts, Accounting for
partnership firms, Hire-purchase accounting, Corporate accounting (Issue, forfeiture and re-issue of
shares), stock exchanges functioning.

Business Organization: Business objectives, Business environment, Business entrepreneurship
(including location, choice of form of business and growth strategies), Business operations including
finance, production, marketing and human resource development.
Management : Concept of management, Planning, Organizing, Leading and Controlling,
Operational Research, marketing management.
Micro-economics: Price-mechanism, Theory of consumer behavior, Elasticity of demand,
Production function, Theory of costs, Market structures, Price determination under perfect
competition and monopoly.

Indian Economics: Issues involved in planning for economic development, Sectoral analysis of
Indian economy including agriculture, industry and foreign trade.
Business Statistics: Analysis of univariate data involving measurement of central tendency and
dispersion, correlation and regression analysis, index numbers, analysis of time-series, Theory of
probability, Mathematical ability.

Business Law: Indian Contract Act, 1872, Sale of Goods Act, 1930, Partnership Act 1932 and
Negotiable Instrument Act, 1881, laws relating to Banking & Insurance.
Company Law: Kinds of Companies, matters involving incorporation of company, shares and share
capital and matters relating to issue and transfer of shares, members of a Company, management of
company, meetings and resolutions, winding up of a company.
Cost accounting: Procedures involved in cost accounting, marginal costing, cost volume, profit
analysis, Budgetary control, Standard costing.

Auditing: Meaning and objects of auditing, types of audit, Audit process.
Income Tax: Basic concepts, Residence and tax liability, heads of Income.
Labour Laws: Labour welfare laws including Payment of Minimum Wages Act, Trade Union Act,
Industrial Disputes Act etc.