ECONOMICS PAPER - I 1. Advanced Micro Economics (a) Marshallian and Walrasiam Approaches to Price determination.

(b) Alternative Distribution Theories: Ricardo, Kaldor, Kaleeki (c) Markets Structure: Monopolistic Competition, Duopoly, Oligopoly. (d) Modern Welfare Criteria: Pareto Hicks & Scitovsky, Arrows Impossibility Theorem, A.K. Sens Social Welfare Function. 2. Advanced Macro Economics Approaches to Employment Income and Interest Rate determination: Classical, Keynes (ISLM) curve, Neo classical synthesis and New classical, Theories of Interest Rate determination and Interest Rate Structure. 3. Money - Banking and Finance (a) Demand for and Supply of Money: Money Multiplier Quantity Theory of Money (Fisher, Pique and Friedman) and Keynes Theory on Demand for Money, Goals and Instruments of Monetary Management in Closed and Open Economies. Relation between the Central Bank and the Treasury. Proposal for ceiling on growth rate of money. (b) Public Finance and its Role in Market Economy: In stabilization of supply, allocation of resources and in distribution and development. Sources of Govt. revenue, forms of Taxes and Subsidies, their incidence and effects. Limits to taxation, loans, crowding-out effects and limits to borrowings. Public Expenditure and its effects. 4. International Economics (a) Old and New Theories of International Trade (i) Comparative Advantage (ii) Terms of Trade and Offer Curve. (iii) Product Cycle and Strategic Trade Theories. (iv) Trade as an engine of growth and theories of under development in an open economy. (b) Forms of Protection: Tariff and quota. (c) Balance of Payments Adjustments: Alternative Approaches. (i) Price versus income, income adjustments under fixed exchange rates, (ii) Theories of Policy Mix (iii) Exchange rate adjustments under capital mobility (iv) Floating Rates and their Implications for Developing Countries: Currency Boards. (v) Trade Policy and Developing Countries. (vi) BOP, adjustments and Policy Coordination in open economy macro-model. (vii) Speculative attacks (viii) Trade Blocks and Monetary Unions. (ix) WTO: TRIMS, TRIPS, Domestic Measures, Different Rounds of WTO talks. 5. Growth and Development (a) (i) Theories of growth: Harrods model, (ii) Lewis model of development with surplus labour (iii) Balanced and Unbalanced growth, (iv) Human Capital and Economic Growth.

(v) Research and Development and Economic Growth (b) Process of Economic Development of Less developed countries: Myrdal and Kuzments on economic development and structural change: Role of Agriculture in Economic Development of less developed countries. (c) Economic development and International Trade and Investment, Role of Multinationals. (d) Planning and Economic Development: changing role of Markets and Planning, PrivatePublic Partnership (e) Welfare indicators and measures of growth Human Development Indices. The basic needs approach. (f) Development and Environmental Sustainability Renewable and Non Renewable Resources, Environmental Degradation, Intergenerational equity development. 1. PAPER - II Indian Economy in Pre-Independence Era Land System and its changes, Commercialization of agriculture, Drain theory, Laissez faire theory and critique. Manufacture and Transport: Jute, Cotton, Railways, Money and Credit. Indian Economy after Independence The Pre Liberalization Era:

2. A.

(i). Contribution of Vakil, Gadgil and V.K.R.V. Rao (ii) Agriculture: Land Reforms and land tenure system, Green Revolution and capital formation in agriculture, (iii) Industry Trends in composition and growth, Role of public and private sector, Small scale and cottage industries. (iv) National and Per capita income: patterns, trends, aggregate and Sectoral composition and changes there in. (v) Broad factors determining National Income and distribution, Measures of poverty, Trends in poverty and inequality. B. The Post Liberalization Era: (i). New Economic Reform and Agriculture: Agriculture and WTO, Food processing, Subsidies, Agricultural prices and public distribution system, Impact of public expenditure on agricultural growth. (ii) New Economic Policy and Industry: Strategy of industrialization, Privatization, Disinvestments, Role of foreign direct investment and multinationals. (iii) New Economic Policy and Trade: Intellectual property rights: Implications of TRIPS, TRIMS, GATS and new EXIM policy. (iv) New Exchange Rate Regime: Partial and full convertibility, Capital account convertibility. (v) New Economic Policy and Public Finance: Fiscal Responsibility Act, Twelfth Finance Commission and Fiscal Federalism and Fiscal Consolidation. (vi) New Economic Policy and Monetary system. Role of RBI under the new regime. (vii) Planning: From central Planning to indicative planning, Relation between planning and markets for growth and decentralized planning: 73rd and 74th Constitutional amendments. (viii New Economic Policy and Employment: Employment and poverty, Rural wages,

Employment Generation, Poverty alleviation schemes, New Rural, Employment Guarantee Scheme Management >> Mains Syllabus

Paper-I The candidate should make a study of the concept and development of management as science and art drawing upon the contributions of leading thinkers of management and apply the concepts to the real life of government and business decision making keeping in view the changes in the strategic and operative environment. Section-A I. Managerial Function : Concept and foundations of Management, Managerial role and functions. Analysis of Environmental opportunities and threats, Formulation of Organisational Vision, Mission and Objectives. Decision Making. II. Organisational Behaviour and Design : Classical and Neoclassical Systems, Delegation of Authority, Design of Strategic Business Units. Theories of motivation and their relevance. Communication. Leadership. Understanding group behaviour and dynamics. Conflict Management. Managing Change. Innovation in Organizational Design such as Networks, Knowledge Based Enterprises-Systems and Processes. III. Quantitative Techniques in Decision Making : Classification of data, Averages, Dispersion and Skewness. Correlation and Regression. Time- Series Analysis & Forecasting Techniques. Elementary concepts of Binomial, Poisson and Normal Distributions. Tests of Significance 't', 'F' and Chisquare. Linerar Programming-Problem formulation-Simplex method and Graphical solution. PERT and CPM. Decision making under uncertainity. Section-B IV. Management Control System : Basic concepts, Understanding strategic behaviour. Responsibility Centres, Strategic Planning, Preparation of budgets, Zero Based Budget, Analysis and Evaluation of Performance, Control System in Service Organization. Modern Control Methods, Controlling Global Enterprises: Transfer Pricing and Management of Risk. V. Strategic Cost Management : Value Chain : Conceptual issues and Applications. Cost analysis-Activity based costing, Cost Drivers and their measurement. Target Costing. Profit Variance Analysis. VI. Business Environment : Concept and Analysis of Macro-business environment: Indian and global. Analysis of structural dimensions of Indian Economy. Directions of change and impact on business decision. Regulatory and promotional Policies. Liberalization, Globalisation and Corporatisation Problems and Prospects. Paper-II Section-A I. Financial Management : Goal of Finance Function. Analysis of Financial Postion: Ratio and Funds Flow Analysis. Concepts of value and return. Valuation of Bonds and Shares. Risk and Return: Portfolio Theory, CAPM and APM. Option Pricing. Financial and Operating leaverage. Design of Capital Structure; Theories and Practices. Management of Working Capital: Estimation and Financing. Management of Cash, Receivables and Inventory and Current Liabilities. Capital and Money Markets: Institutions and Instruments. Leasing, Hirepurchase and veartur capital mergers and acquistions. Shareholder Value Creation: Dividend Policy, Corporate financial policy and strategy., Management of corporate distress and restructuring strategy. Regulation of capital market.

GENERAL STUDIES General Guidelines The nature and standard of questions in the General Studies papers will be such that a welleducated person will be able to answer them without any specialized study. The questions will be such as to test a candidates general awareness of a variety of subjects, which will have relevance for a career in Civil Services. The questions are likely to test the candidates basic understanding of all relevant issues, and ability to analyze, and take a view on conflicting socioeconomic goals, objectives and demands. The candidates must give relevant, meaningful and succinct answers. PAPER - I 1. History of Modern India and Indian Culture The History of Modern India will cover history of the Country from about the middle of nineteenth century and would also include questions on important personalities who shaped the freedom movement and social reforms. The part relating to Indian culture will cover all aspects of Indian culture from the ancient to modern times as well as principal features of literature, arts and architecture. 2. Geography of India In this part, questions will be on the physical, economic and social geography of India. 3. Constitution of India and Indian Polity This part will include questions on the Constitution of India as well as all constitutional, legal, administrative and other issues emerging from the politico-administrative system prevalent in the country. 4. Current National Issues and Topics of Social Relevance This part is intended to test the candidates awareness of current national issues and topics of social relevance in present-day India, such as the following: a) The Indian economy and issues relating to planning, mobilization of resources, growth, development and employment. b) c) d) Issues arising from the social and economic exclusion of large sections from the benefits of development.s Other issues relating to the development and management of human resource. Health issues including the management of Public Health, Health education and ethical concerns regarding health-care, medical research and pharmaceuticals.

e) f) g)

Law enforcement, internal security and related issues such as the preservation of communal harmony. Issues relating to good governance and accountability to the citizens including the maintenance of human rights, and of probity in public life. Environmental issues, ecological preservation, conservation of natural resources and national heritage.

PAPER - II 1. India and the World This part will include questions to test candidates awareness of Indias relationship with the world in various spheres such as the following: Foreign Affairs with special emphasis on Indias relations with neighbouring countries and in the region. Security and defence related matters. Nuclear policy, issues and conflicts. The Indian Diaspora and its contribution to India and the world.

2. Indias Economic Interaction with the World In this part, questions will be on economic and trade issues such as foreign trade, foreign investment; economic and diplomacy issues relating to oil, gas and energy flows; the role and functions of I.M.F., World Bank, W.T.O., WIPO etc. which influence Indias economic interaction with other countries and international institutions. 3. Developments in the Field of Science & Technology, IT and space In this part, questions will test the candidates awareness of the developments in the field of science and technology, information technology, space and basic ideas about computers, robotics, nanotechnology, biotechnology and related issues regarding intellectual property rights. 4. International Affairs and Institutions This part will include questions on important events in world affairs and on international institutions. 5. Statistical analysis, graphs and diagrams This part will test the candidates ability to draw conclusions from information presented in statistical, graphical or diagrammatical form and to interpret them.