Collection, Classification, and Presentation of Statistical Data – Primary and Secondary data, Methods of data collection; Tabulation of data; Graphs and charts; Frequency distributions; Diagrammatic presentation of frequency distributions.

Measures of Central Tendency- Common measures of central tendency – mean median and mode; Partition values- quartiles, deciles, percentiles.

Measures of Dispersion- Common measures dispersion – range, quartile deviations, mean deviation and standard deviation; Measures of relative dispersion.

Moments, Skewness and Kurtosis – Different types of moments and their relationship; the meaning of skewness and kurtosis; different measures of skewness and kurtosis.

Correlation and Regression – Scatter diagram; simple correlation coefficient; simple regression lines; Spearman‟s rank correlation; Measures of association of attributes; Multiple regression; Multiple
and partial correlation (For three variables only).

Probability Theory – Meaning of probability; Different definitions of probability; Conditional probability; Compound probability; Independent events; Bayes‟ theorem.

Random Variable and Probability Distributions – Random variable; Probability functions; Expectation and Variance of a random variable; Higher moments of a random variable; Binomial,
Poisson, Normal and Exponential distributions; Joint distribution of two random variables (discrete).

Sampling Theory – Concept of population and sample; Parameter and statistic, Sampling and non-sampling errors; Probability and nonprobability sampling techniques(simple random sampling, stratified sampling, multistage sampling, multiphase sampling, cluster sampling, systematic sampling, purposive sampling, convenience sampling, and quota sampling); Sampling distribution(statement only); Sample size decisions.

Statistical Inference – Point estimation and interval estimation, properties of a good estimator, Methods of estimation (Moments the method, Maximum likelihood method, Least squares method), Testing of hypothesis, Basic concept of testing, Small sample and
large sample tests, Tests based on Z, t, Chi-square, and F statistic,
Confidence intervals.

Analysis of Variance – Analysis of one-way classified data and two-way classified data.

Time Series Analysis – Components of time series, Determinations of trend component by different methods, Measurement of seasonal variation by different methods.

Index Numbers – Meaning of Index Numbers, Problems in the construction of index numbers, Types of an index number, Different formulae, Base shifting and splicing of index numbers, Cost of living
Index Numbers, Uses of Index Numbers

Comptroller & Auditor General of India- Constitutional provisions, Role, and responsibility.

Finance Commission-Role and functions.

Basic Concept of Economics and introduction to Microeconomics: Definition, scope, and nature of Economics, Methods of economic study and Central problems of an economy and Production possibilities curve.

Theory of Demand and Supply: Meaning and determinants of demand, Law of demand and Elasticity of demand, Price, income and cross elasticity; Theory of consumer‟s behaviourMarshallian approach and Indifference curve approach, Meaning and determinants of supply, Law of supply and
the elasticity of Supply.

Theory of Production and cost: Meaning and Factors of production; Laws of production- Law of variable proportions and Laws of returns to scale.

Forms of Market and price determination in different markets: Various forms of markets-Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly ad Price determination in these markets.

Nature of the Indian Economy Role of different sectors. Role of Agriculture, Industry and Services-their problems and growth;

National Income of India-Concepts of national income, Different methods of measuring national income.

Population-Its size, rate of growth and its implication on economic growth.

Poverty and unemployment- Absolute and relative poverty, types, causes and incidence of unemployment.

Infrastructure-Energy, Transportation, Communication.
Economic reforms since 1991; Liberalization, Privatisation, Globalisation, and Disinvestment.

Monetary Policy and Fiscal policy- Role and functions of Reserve Bank of India; functions of commercial Banks, RRB, and Payment Banks.

Budget and Fiscal deficits and Balance of payments.

Fiscal Responsibility and Budget Management Act, 2003.

Financial Accounting: Nature and scope, Limitations of Financial Accounting, Basic concepts, and Conventions, Generally Accepted Accounting Principles.

Basic concepts of accounting: Single and double entry, Books of Original Entry, Bank Reconciliation, Journal, Ledgers, Trial Balance, Rectification of Errors, Manufacturing, Trading, Profit and Loss Appropriation Accounts, Balance Sheet Distinction between Capital and Revenue Expenditure, Depreciation Accounting, Valuation of Inventories, Non-profit organizations Accounts, Receipts and Payments and Income & Expenditure Accounts, Bills of Exchange, Self Balancing Ledgers