Indian Economic Service (IES) and Indian Statistical Service (ISS) Examination: Dates, Application, Admit Card, Syllabus

Conducting Authority

UPSC (Union Public Service Commission)

Exam Frequency

Once a Year

Examination Level

National Level

Conducted For

Recruitment for vacancies in the IES and ISS

Examination Mode

Offline, Pen and paper-based

Duration of the examination

3 days mostly

Application Mode

Online

Key Stages Involved

Written Test and Interview

Minimum Education Qualification Required

A Postgraduate Degree

Number of attempts

6

Vacancies

ISS - 33 (tentative)

IES - 18 (tentative)

Age Limit

21 - 30 Years

Official Website

www.upsc.gov.in

Notification Release Date

April 10, 2024

Commencement of Online Application

April 10, 2024

Deadline for Online Application

April 30, 2024

Correction of Application Form

To be Notified

Admit Card Release Date

June 2024

Examination Date

June 21, 2024

Declaration of Result

To be Notified

General English (Descriptive)

To be Notified

To be Notified

General Studies (Descriptive)

To be Notified

To be Notified

General Economics I (Descriptive)

To be Notified

To be Notified

Statistics I (Objective)

To be Notified

To be Notified

General Economics II (Descriptive)

To be Notified

To be Notified

Statistics II (Objective)

To be Notified

To be Notified

General Economics III (Descriptive)

To be Notified

To be Notified

Statistics III (Descriptive)

To be Notified

To be Notified

Indian Economics (Descriptive)

To be Notified

To be Notified

Statistics IV (Descriptive)

To be Notified

To be Notified

Photograph

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Signature

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Fee Amount for SC/ ST/ Women

Exempted

Means for Online Payment

Internet Banking of SBI/ RuPay/ Credit Card/ Debit Card/ Master Cast/ Visa Card

Means for Offline Payment

From any SBI Branch

OBC

3 years

Defense Services Personnel disabled in operations during hostilities with any foreign country or in a disturbed area

3 years

SC/ ST

5 years

Domicile of Jammu & Kashmir

5 years

Ex-servicemen including Commissioned Officers and ECO/SSCO

5 years

PwBD

10 years

General English

100

3 hours

General Studies

100

3 hours

General Economics - I

200

3 hours

General Economics - II

200

3 hours

General Economics - III

200

3 hours

Indian Economics

200

3 hours

Total

1000

General English

100

3 hours

General Studies

100

3 hours

Statistics - I (Objective Type)

200

2 hours

Statistics - II (Objective)

200

2 hours

Statistics - III (Subjective)

200

3 hours

Statistics - IV (Subjective)

200

3 hours

General Studies

Questions based on general knowledge,

History

Indian polity.

Geography.

Constitution of India

Current affairs

Current events and their effects on everyday life

PART – A

Theory of Consumer's Demand

Cardinal utility Analysis: Marginal utility and demand, Consumer's surplus, Indifference curve, Analysis and utility function, Price income and substitution effects, etc.

Theory of Production

Factors of production and production function, Forms of Production Functions, Translog production function, Returns to scale and Returns to factors of production, Partial Equilibrium versus General Equilibrium approach, etc.

Theory of Value

Pricing under different market structures, Marshallian and Walrasian stability analysis, Pricing with incomplete information and moral hazard problems, etc.

Theory of Distribution

Neo classical distribution theories, Marginal productivity theory of the determination of factor prices, Macrodistribution theories of Ricardo, Marx, Kaldor, Kalecki, etc.

Welfare Economics

Inter-personal comparison and aggression problem, Public goods and externalities, Divergence between social and private welfare, Pareto optimality, etc.

Part B: Quantitative Methods in Economics

Mathematical Methods in Economics

Differentiation and Integration and their application in economics, Optimisation techniques, Sets, Matrices and their application in economics, etc.

Statistical and Econometric Methods

Measures of central tendency and dispersions, Correlation and Regression, Time series, Index numbers, Sampling of curves based on various linear and non-linear functions, Lorenz curve and Gini coefficient, etc.

GENERAL ECONOMICS – II

Economic Thought

Mercantilism Physiocrats, Classical, Marxist, Neo-classical, Keynesian and Monetarist schools of thought.

Concept of National Income and Social Accounting

Measurement of National Income, Inter relationship between three measures of national income in the presence of Government sector and International transactions. Environmental considerations, Green national income.

Theory of Employment, Output, Inflation, Money and Finance

The Classical theory of Employment and Output and neo-classical approaches, Equilibrium, analysis under classical and neo-classical analysis, Keynesian theory of Employment and output, Post Keynesian developments, The inflationary gap; Demand pull versus cost push inflation, Philip's curve and its policy implication, Classical theory of Money, the Quantity theory of Money, etc.

Financial and Capital Market

Finance and economic development, financial markets, stock market, gift market, banking and insurance. Equity markets, Role of primary and secondary markets and efficiency, Derivatives markets; Future and options.

Economic Growth and Development

Concepts of Economic Growth and Development and their measurement: characteristics of less developed countries and obstacles to their development – growth, poverty and income distribution.

International Economics

Gains from International Trade, Terms of Trade, policy, Theory of Tariffs- Regional Trade Arrangements, etc.

Balance of Payments

Disequilibrium in Balance of Payments, Mechanism of Adjustments, Foreign Trade Multiplier, Exchange Rates, Import and Exchange Controls and Multiple Exchange Rates, IS-LM Model and Mundell

Global Institutions

UN agencies dealing with economic aspects, the role of Multilateral Development Bodies (MDBs), such as the World Bank, IMF and WTO, Multinational Corporations, G-20.

GENERAL ECONOMICS – III

Public Finance

Theories of taxation, public expenditure policy and social cost-benefit analysis, criteria of public investment decisions, social rate of discount, shadow prices of investment, unskilled labour and foreign exchange, Budgetary deficits, Theory of public debt management, etc.

Environmental Economics

Environmentally sustainable development, Rio Process 1992 to 2012, Green GDP, UN Methodology of Integrated Environmental and Economic Accounting, Theories of exhaustible and renewable resources, International environmental agreements, RIO Conventions, Climatic change problems, Kyoto Protocol, UNFCC, Bali Action Plan, Agreements up to 2017, etc.

Industrial Economics

Market structure, conduct and performance of firms, product differentiation and market concentration, monopolistic price theory and oligopolistic interdependence and pricing, entry preventing pricing, micro level investment decisions, etc.

State, Market and Planning

Planning in a developing economy, Planning regulation and market, Indicative planning, Decentralised planning.

INDIAN ECONOMICS

History of development and planning

Alternative development strategies, the post-1991 globalisation strategies based on stabilization and structural adjustment packages: fiscal reforms, financial sector reforms and trade reforms.

Federal Finance

Constitutional provisions relating to fiscal and financial powers of the States, Financial aspect of Sarkaria Commission Report, etc.

Budgeting and Fiscal Policy

Tax, expenditure, budgetary deficits, pension and fiscal reforms, Public debt management and reforms, Fiscal Responsibility and Budget Management (FRBM) Act, etc.

Poverty, Unemployment and Human Development

Estimates of inequality and poverty measures for India, appraisal of Government measures, India’s population policy and development, etc.

Agriculture and Rural Development Strategies

Technologies and institutions, land relations and land reforms, rural credit, modern farm inputs and marketing— price policy and subsidies; commercialisation and diversification, Rural development programmes include poverty alleviation programmes, the development of economic and social infrastructure and the New Rural Employment Guarantee Scheme.

India’s experience with Urbanisation and Migration

Different types of migratory flows and their impact on the economies of their origin and destination, the process of growth of urban settlements, etc.

Industry

Strategy of industrial development, Competition policy, Sources of industrial finances, etc.

Labour

Urban labour market and informal sector employment, Report of National Commission on Labour, Social issues relating to labour e.g. Child Labour, Bonded Labour International Labour Standard and its impact, etc.

Foreign Trade

Salient features of India’s foreign trade, composition, direction and organisation of trade, etc.

Money and Banking

Financial sector reforms, Organisation of India’s money market, changing roles of the Reserve Bank of India, etc.

Probability

Classical and axiomatic definitions of Probability and consequences, Law of total probability, Conditional probability, Bayes' theorem and applications, etc

Statistical Methods

Measures of location, dispersion, skewness and kurtosis, Bivariate and multivariate data, Association and contingency, Curve fitting and orthogonal polynomials, Bivariate normal distribution, etc.

Numerical Analysis

Finite differences of different orders, Concept of interpolation and extrapolation, Numerical differentiation, Summation of Series, Numerical solutions of differential equations, etc.

Computer Application and Data Processing

Basics of Computer, Basics of Programming, etc.

STATISTICS- II (Objective Type)

Linear Models

Theory of linear estimation, Gauss, etc.

Statistical Inference and Hypothesis Testing

Characteristics of a good estimator, Hypothesis testing, etc.

Official Statistics

National and International Official Statistical System, National Statistical Organization, National Statistical Commission, Index Numbers, Sector Wise Statistics, National Accounts, Population Census, etc.

STATISTICS- III (Descriptive Type)

Sampling Techniques

Concept of population and sample, need for sampling, complete enumeration versus sampling, Ratio, product and regression methods of estimation, estimation of population mean, evaluation of Bias and Variance to the first order of approximation, comparison with simple random sampling, etc.

Econometrics

Nature of econometrics, the general linear model (GLM) and its extensions, ordinary least squares (OLS) estimation and prediction, etc.

Applied Statistics

Index Numbers, Time Series Analysis,  Laspeyre's, Paasches’, Marshal Edgeworth and Fisher index numbers; chain base index number, tests for index numbers, Construction of index numbers of wholesale and consumer prices, Income distribution-Pareto and Engel curves, Concentration curve, Methods of estimating national income, Inter-sectoral flows, Inter-industry table, Role of CSO. Demand Analysis, etc.

STATISTICS- IV (Descriptive Type)

Operations Research and Reliability

Definition and Scope of Operations Research, Transportation and assignment problems, etc.

Demography and Vital Statistics

Sources of demographic data, census, Measurement of Mortality, etc.

Survival Analysis and Clinical Trial

Concept of time, order and random censoring, likelihood in the distributions, etc.

Quality Control

Statistical process and product control,  Economic design of X-bar chart, etc.

Multivariate Analysis

Multivariate normal distribution and its properties, Random sampling from multivariate normal distribution, etc.

Design and Analysis of Experiments

Analysis of variance for one-way and two-way classifications, Need for design of experiments, etc.

Computing with C and R

Basics of C, Array of Structures, Statistics Methods and Techniques in R, etc.

Shillong

Kolkata

Delhi

Bengaluru

Jaipur

Hyderabad

Shimla

Dispur

Jammu

Allahabad

Cuttack

Patna

Mumbai

Chandigarh

Lucknow

Thiruvananthapuram