Staff Selection Commission - Commercial Audit Examination 2007

(B) Syllabus

Paper I (Objective Type)

(a) General Awareness: Questions in this component will be aimed at testing the candidate's General Awareness of the environment around him and its application to society. Questions will also be designed to test knowledge of current events and of such matters of everyday observation and experience in their scientific aspect as may be expected of an educated person. The test will also include questions relating to India and its neighbouring countries especially pertaining to History, Culture, Geography, Economic Scene, General Polity, Indian Constitution, Sports, Literature, Basics/fundamentals of Computers, Scientific Research, etc. These questions will be such that they do not require a special study of any discipline.

(b) Arithmetical Ability: This part will include questions on problems relating to Number Systems, Computation of Whole Numbers, Decimals and Fractions and relationship between Numbers, Fundamental arithmetical operations, Percentages, Ratio and Proportion, Averages, Interest, Profit and Loss, Discount, use of Tables and Graphs, Mensuration, Time and Distance, Ratio and Time, Time and Work etc.

(c)English: Questions in this component will be designed to test the candidate's understanding and knowledge of English Language and will be based on error recognition, fill in the blanks (using verbs, preposition, articles etc.), Vocabulary, Spellings, Grammar, Sentence Structure, Synonyms, Antonyms, Sentence Completion, Phrases and Idiomatic use of Words, etc. There will be a question on passages and comprehension of a passage also.

Paper II (Conventional)

Commerce: This paper will cover all the subjects of B(Commerce) or similar Degree Course of Indian Universities. It will specifically include the following subjects:-

i) Accountancy: Conceptual framework, Income measurement, Final accounts, Accounting for partnership firms, Hire-purchase accounting, Corporate accounting (Issue, forfeiture and re-issue of shares, Redemption of preference shares).

ii) Business Organisations : Business objectives, Business environment, Business entrepreneurship (including location, choice of form of business and growth strategies), Business operations including finance, production, marketing and human resource development.

iii) Management: Concept of management, Planning, Organising, Leading and Controlling.

iv) Micro-economics: Price-mechanism, Theory of consumer behaviour, Elasticity of demand, Production function, Theory of costs, Market structures, Price-determination under perfect competition and monopoly.

v) Indian Economics: Issues involved in planning for economic development, Sectoral analysis of Indian economy including agriculture, industry and foreign trade.

vi) Business Statistics: Analysis of univariate data involving measurement of central tendency and dispersion, correlation and regression analysis, index numbers, analysis of time-series, Theory of probability.

vii) Business law: Indian Contract Act, 1872, Sale of Goods Act, 1930, Partnership Act, 1932 and Negotiable Instruments Act, 1881.

viii) Company law: Kinds of companies, matters involving incorporation of company, shares and share capital and matters relating to issue and transfer of shares, members of a company, management of a company, meetings and resolutions, winding up of a company, amalgamation of companies, latest improvements/amendments brought out in the Companies Act etc .

ix) Cost accounting: Procedures involved in cost accounting, Marginal costing, Cost-volume profit analysis, Budgetary control, Standard costing.

x) Auditing: Meaning and objects of auditing, Types of audit, Audit process.

xi) Income Tax: Basic concepts, Residence and tax liability, heads of income.

xii) Marketing and advertisements: IT Patents, Trade Marks, Copy right laws, Intellectual Property Rights, W.T.O. etc.

17. Pysical Standards: Not applicable.

18. Selections Procedure/Mode of Selection:

Candidates fulfilling the minimum prescribed qualifications will be required to undergo a Written Examination. The Commission hold full discretion to fix minimum qualifying standards for the Examination as a whole or component-wise in Paper I and Paper II for different categories i.e. UR, SC, ST, OBC etc. Candidates declared qualified on the basis of the Written Examination would be required to appear for the Interview/Personality test. Final Select List would be prepared on All-India basis in order of merit as disclosed by the aggregate marks (marks of Written Examination and Interview) finally awarded to each candidate as given under this scheme of recruitment.

Provided that SC, ST, PH and OBC candidates who are selected on their own merit without relaxed standards, alongwith candidates belonging to other communities, will not be adjusted against the reserved share of vacancies. The reserved vacancies will be filled up separately from amongst the eligible SCs, STs, PHs and OBCs which will thus comprise SC, ST, PH and OBC candidates who are lower in merit than the last general/UR candidate on merit list of unreserved category but otherwise found suitable for appointment even by relaxed standard.

In so far cases of EXS is concerned, deduction from the age of Ex-Servicemen is permissible against unreserved posts and such exemption cannot be termed as relaxed standards in regard to age limit.

In cases where more than one candidate having the same aggregate marks in the written examination plus Interview/Personality test, then the tie in the aggregate marks obtained by the the candidates is resolved by the Commission by referring to the total marks in the written examination, viz, the candidate who have secured more marks in the Written examination gets preference/priority over the other candidates whose aggregate marks are equal . If the tie still persists,then the marks in the Paper where the first cut off is given is referred to and the candidate who have secured more marks in the Paper- I is given preference . This procedure is followed by Date of birth i e the candidate older in age gets preference. Lastly, if the tie in aggregate marks amongst more than one candidates still persists, the tie is finally resolved by referring to the alphabetical order of the names i e the candidate whose name begins with the first alphabet in the alphabetical order gets preference.

Note I: Success in the examination confers no right of appointment unless government are satisfied after such enquiry as may be considered necessary that the candidate is suitable in all respects for appointment to the service/post.

Note II: The period of probation will be of 2 years. Candidates finally selected will be required to undergo such training as may be decided by the Competent Authority during the course of such probation. They will have to pass both Part I and Part II of the Section Officer Grade Examination (Commercial Audit) conducted by the Office of the C & A.G. within the probation period of 2 years. No candidate will be appointed to the cadre of S.O.(Commercial Audit) unless he/she has passed both parts of the prescribed Section Officer Grade Examination.

Note III: Commission will nominate recommended candidates in due course to the Office of the C & A.G. and posting of such selected candidates will be made by that Office only.

Subsequent to their appointment, a Section Officer (Commercial Audit) is liable for transfer to any office within the Region/Zone of that organisation or on administrative exigencies even outside the Region/Zone. They will also be liable for transfer to the office of the Comptroller and Auditor General of India or any other office within IA&AD and on such terms and conditions as may be decided by the C&AG of India.

Staff Selection Commission Statistical Investigators Grade IV Examination, 2007