RAJASTHAN PUBLIC SERVICE COMMISSION, AJMER SYLLABUS

FOR COMPETITIVE EXAMINATION FOR THE POST OF LECTURER

IN ECONOMIC ADMINISTRATION & FINANCIAL MANAGEMENT (E.A.F.M.)

FOR COLLEGE EDUCATION DEPARTMENT PAPER - II

Unit – I- Banking and Financial Institutions :  Importance of Banking to Business, Types of Banks and Their Functions.  Reserve Bank of India, NABARD and Rural Banking.  Banking Sectors Reforms in India – NPA, Capital Adequacy Norms.  E-Banking  Development Banking: IDBI, IFCI, SFCs, UTI, SIDBI.  Regional Variation in Commercial Banking Development in India.  Challenges before Commercial Banks in 21st Century.  Problems of Banking Sector in India.  Financial Sector Reforms in India.

Unit – II- International Finance and Foreign exchange:  Nature and Scope of international finance.  Foreign Direct Investment.  International Capital Markets.  GDRs, ADRs.  Balance of Payment & Balance of Trade.  W.T.O. and India.  Foreign Institutional Investors  International Financial Institutions- IMF, IBRD, ADB, EXIM BANK and ECGC.  Foreign Exchange rate - Mechanism, risk and its management.  Foreign exchange operations, Convertibility of rupee.

Unit – III- Security Analysis and Portfolio management:  Management of Securities.  Investment Spectrum.  Primary and secondary market operations.  Future of credit rating in India.  Government Securities market and problems of New Issue Market.  Theories of Portfolio Management.  Mutual Funds - Investors' Protection.  Regulation of Capital Market.  SEBI.

Unit – IV- Financial Management:  Meaning, Nature and Scope of Financial Management.  Capital Budgeting – Kinds of Budgeting, Flexible, Cash, Master and Human Resource Budget.  Cost of Capital.  Working Capital Management.  Capital Structure – Financial and Operating Leverage.  Ratio Analysis.  Fund Flow and Cash Flow Analysis.  Marginal Cost Analysis – Management of Income, Retained Earning, Dividend Policy, Bonus Issues.  Management of Financial Institutions.

Unit – V- Quantitative Techniques:  Correlation and Regression for Business Decisions.  Probability – Basic Concepts, Different Approaches.  Probability Distributions, Binomal, Poissons and Normal Distributions.  Index Numbers, Time Series Analysis.  Sampling need, Probability and Non-Probability, Sampling Methods.  Hypothesis Testing : Definition, Types of Errors, Testing of Population Means.  Chisquare – Goodness of Fit.  ANOVA (Analysis of Variance)  Interpolation.  Linear Programming.  Queuing Theory.  Game Theory.  PERT and CPM