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General Studies (Finance and Economics) : (Syllabus) SSC: Assistant Audit Officer (AAO) Exam Syllabus

The document outlines the syllabus for the SSC Assistant Audit Officer exam, which covers two parts: Part A focuses on finance and accounts, including topics like basic accounting concepts, books of accounts, trial balances, and financial statements. Part B covers economics and governance, including the roles of organizations like the Comptroller and Auditor General of India and the Finance Commission. It also outlines microeconomics concepts like demand and supply, costs of production, market structures, the Indian economy, reforms, and money and banking. The syllabus aims to provide candidates with an overview of relevant financial and economic topics to prepare for the exam.

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385 views3 pages

General Studies (Finance and Economics) : (Syllabus) SSC: Assistant Audit Officer (AAO) Exam Syllabus

The document outlines the syllabus for the SSC Assistant Audit Officer exam, which covers two parts: Part A focuses on finance and accounts, including topics like basic accounting concepts, books of accounts, trial balances, and financial statements. Part B covers economics and governance, including the roles of organizations like the Comptroller and Auditor General of India and the Finance Commission. It also outlines microeconomics concepts like demand and supply, costs of production, market structures, the Indian economy, reforms, and money and banking. The syllabus aims to provide candidates with an overview of relevant financial and economic topics to prepare for the exam.

Uploaded by

RishabhDevShivanand
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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(Syllabus) SSC : Assistant Audit Officer (AAO) Exam Syllabus

General Studies (Finance and Economics)

Part A: Finance and Accounts-(80 marks)

Financial Accounting:

1.Nature and scope


2.Limitations of Financial Accounting
3.Basic concepts and Conventions
4.Generally Accepted Accounting Principles

Basic concepts of accounting:

1. Single and double entry


2. Books of original Entry
3. Bank Reconciliation
4. Journal
5. Ledgers
6. Trial Balance
7. Rectification of Errors
8. Manufacturing, Trading, Profit & loss Appropriation Accounts
9. Balance Sheet
10. Distinction between Capital and Revenue Expenditure
11. Depreciation Accounting
12. Valuation of Inventories
13. Non-profit organisations Accounts
14. Receipts and Payments and Income & Expenditure Accounts
15. Bills of Exchange
16. Self Balancing Ledgers

Part B: Economics and Governance-(120 marks)

Comptroller & Auditor General of India:

1. Constitutional provisions
2. Role and responsibility
Finance Commission:

Role and functions

Basic Concept of Economics and introduction to Micro Economics

1. Definition
2. scope and nature of Economics
3. Methods of economic study
4. Central problems of an economy
5. Production possibilities curve

Theory of Demand and Supply

1. Meaning and determinants of demand,


2. Law of demand and Elasticity of demand,
3. Price, income and cross elasticity;
4. Theory of consumers behaviour-Marshallian approach and Indifference curve approach,
5. Meaning and determinants of supply,
6. Law of supply and Elasticity of Supply.

Theory of Production and cost

1. Meaning and Factors of production;


2. Laws of production- Law of variable proportions and Laws of returns to scale.

Forms of Market and price determination in different markets

1. Various forms of markets-Perfect Competition, Monopoly


2. Monopolistic Competition and Oligopoly ad Price determination in these markets

Indian Economy:

1. Nature of the Indian Economy


2. Role of different sectors-Role of Agriculture, Industry and Services-their problems and growth
3. National Income of India-Concepts of national income, Different methods of measuring national
income
4. Population-Its size, rate of growth and its implication on economic growth
5. Poverty and unemployment- Absolute and relative poverty, types, causes and incidence of
unemployment
6. Infrastructure-Energy, Transportation, Communication

Economic Reforms in India:

1. Economic reforms since 1991


2. Liberalisation
3. Privatisation
4. Globalisation
5. Disinvestment

Money and Banking:

Monetary/Fiscal policy- Role and functions of Reserve Bank of India; Functions of commercial
Banks/RRB/Payment Banks Budget and Fiscal deficits and Balance of payments Fiscal
Responsibility and Budget Management Act, 2003

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