| Comptroller and Auditor General (CAG) of India | Constitutional provisions, Appointment and tenure, Powers and functions, Role and responsibilities, Audit of government accounts, Reports submitted to Parliament |
| Finance Commission | Constitutional provisions, Composition, Role and functions, Recommendations, Tax revenue sharing, Grants-in-aid |
| Basic Concepts of Economics & Microeconomics | Definition and scope of Economics, Nature of Economics, Methods of economic study, Central problems of an economy, Scarcity and choice, Production Possibility Curve (PPC) |
| Theory of Demand and Supply | Meaning and determinants of demand, Law of demand, Elasticity of demand, Price elasticity, Income elasticity, Cross elasticity, Marshallian Utility Approach, Indifference Curve Analysis, Meaning and determinants of supply, Law of supply, Elasticity of supply |
| Theory of Production and Cost | Factors of production, Land, Labour, Capital, Entrepreneurship, Law of Variable Proportions, Returns to Scale, Production functions, Cost concepts |
| Forms of Market and Price Determination | Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly, Price determination, Market equilibrium, Features of market structures, Revenue concepts |
| Indian Economy | Nature of Indian Economy, Mixed economy, Economic development, Structural transformation, Role of Agriculture, Industry and Services sectors, National Income (GDP, GNP, NNP, Per Capita Income), Methods of measuring National Income, Population growth and implications, Poverty and unemployment, Infrastructure (Energy, Transportation, Communication) |
| Economic Reforms in India | Economic reforms since 1991, Liberalisation, Privatisation, Globalisation (LPG), Disinvestment policy, Impact of reforms |
| Money and Banking | Functions of RBI, Monetary policy, Monetary instruments, Role of RBI, Functions of commercial banks, Regional Rural Banks (RRBs), Payment Banks, Financial inclusion |
| Budget and Fiscal Management | Union Budget, Fiscal deficit, Revenue deficit, Primary deficit, Balance of Payments (BoP) |
| Fiscal Responsibility and Budget Management (FRBM) Act, 2003 | Objectives, Fiscal discipline, Government borrowing limits, Budget transparency |
| Role of Information Technology in Governance | E-Governance, Digital India, IT in public administration, Online public services, Digital governance initiatives |
