Finance Paper

(A) Finance
(a) Financial System
1. Regulators of Banks and Financial Institutions
Who are the regulators of banks (all types . Public/private/rrbs/nbfcs etc)
When were they established. What is their motto, what are their roles and functi
ons, Who is heading
2. Reserve Bank of India- functions and conduct of monetary policy,
You can find it in rbi website itself. There is a big pdf. Google and find.
3. Banking System in India,
How banking is done in india. This is a vast topic. Involves a lot of stuff. It
just means they can ask anything about banking in india. Right from regulators t
o intricate stuff like rtgs neft
Financial Institutions SIDBI, EXIM, NABARD, NHB, etc.
When they were established and for what reason. Who is heading them. Their motto
(if any), roles and responsibilities. To whom do they lend loans. Who is owning
them . Govt or rbi. . How much stake is each having. Recent news about them. Thei
r subsidiaries if any
(b) Financial Markets
Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, ins
truments, recent developments.
Vast topic. Datt and sundaram is good. Also mrunal and other articles in interne
t. Try Deepak Kundu s blog. NCERT material is also good.
What is primary market. Functions. Who regulates it. And all related stuff. (Am
not able to recollect)
What is secondary market. How it functions. Who regulates it. Since when all the
se things are happening in India. About the regulator. When was it established.
Why was it established. Under which committee/act. It s roles and responsibilities
.
Then about all stuff like call money, debenture, swap, forwards, futures etc etc
etc ..
(c) General Topics
1. Risk Management in Banking Sector
What is risk management. How is it done in India? What are the parameters used t
o find the risk involved. What are risky assets. When does a normal asset become
a risky asset. Types of risk asset.
2. Basics of Derivatives: Forward, Futures and Swap
Already mentioned about it.
3. Changing Landscape of Banking sector
There are many speeches by rbi executives regarding thi. Dig in and find. Indian
banker will also help. They might ask about pmjdy and other technology related
stuff and any stuff that has been trending in the last one year relating to fina
nce like giving licenses to small banks and stuff like that. Linking with Aadhaa
r, gas subsidy etc
4. Recent Developments in the Financial Sector,
Same as above. Indian banker magazine, rbi website (speeches) government s intiati
vers with regards to finance/banking in India.etc.
5. Portfolio Investment,
Not sure
6. Public Sector Reforms,
Indradhanush, disinvestment in banks, forming separate board and related stuff l
ike new chairman from private sectors, seprate post for md and ceo.. All this st
arted way back in jan 2015 itself when PM had a meeting with all heads of psbs.
So read through all that. Gktoday is a site where you can get all these current
affairs in one place.
7. Disinvestments
What is disinvestment. Why is it done. Since when is it done. Which department t
akes care of it. First such disinvestment. Trending disinvestments in psus.
8. Financial Inclusion- use of technology
Vast topic. Involves everything from ussd till nfc. Indian banker will help. Goo

gling, rbi speeches, livemint could help. Money wallets introduced by sbi, paytm
and those kinda things. Pmjdy for sure. What is still being done for financial
inclusion. What are the hurdles. What is the deadline for financial inclusion an
d all those things.
9. Alternate source of finance, private and social cost-benefit, Public-Private
Partnership
Not sure
10. Corporate Governance in Banking Sector, role of e-governance in addressing t
he issues of corruption and inefficiency in the government sector.
Google and current affairs, newspapers.
11. The Union Budget
Direct and Indirect taxes; Non-tax sources of Revenue,
Indiabudget site. Many questions may come from this topic. Also read economic su
rvey. Very important. Know all the schemes and money allocated to them.
12. GST,
Name says it all. Know everything about. What is gst first of all. Why is it a r
eplacement for the existing one. When will it be implemented. Mrunal site will h
elp with topic.
13. Thirteenth Finance Commission and GST, Finance Commission,
Google, ramesh singh
14. Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
Ramesh signh, datt and sundaram
Inflation: Definition, trends, estimates, consequences, and remedies (control):
WPI, CPI - components and trends.
Ramesh singh, big chapter available on inflation. To know basics read through mr
unal.