CSEET Economic & Business Environment Important Topics & Weightage

Conducting body

Institute of Company Secretaries of India

Exam level

National

Exam frequency

Three times in a year - February, June and October

Exam duration

3 Hours per subject (2 hours for Business Laws and Management)

Medium

English

Exam purpose

To qualify for CS Executive exam

Registration Validity

Three years from the date of registration

• Theory of Demand and Supply
• Equilibrium Price
• Elasticity of Demand and Supply and other related concepts
• Increase and Decrease in Demand and Expansion and Contraction of Demand
• Forms of Market Competition: Monopoly, Duopoly, Oligopoly, Perfect Competition and Monopolistic Competition

• Meaning and Methods to Compute National Income
• Key concepts of National Income (GNP, GDP, NNP, NDP, Domestic Income, Private Income, Personal Income, Disposable Income, Real Income and Per Capita Income)

• Key terminologies/ heads covered under the budget
• Revenue and Capital Budget
• Major components of Revenue and Capital Budget
• Meaning of Fiscal Deficit
• Components/ Variables covered under Fiscal Deficit

• Overview of Indian Financial Ecosystem
• Key facets of Indian financial system
• Growth of Financial Institutions
• Public and private sector banks
• Industrial Finance Corporation of India and Small Industries Development Bank of India
• Regional Rural Banks
• Cooperative Banks
• Non-Banking Finance Companies
• Basics of Capital Market: Types of Shares and Debentures
• Financial assistance scenario for Small and Medium Enterprises and Start-Ups

• Primary (Agriculture and allied activities)
• Secondary (Manufacturing)
• Tertiary (Services)
• Current scenario of agriculture and allied activities in India
• Agricultural and Industrial Policies of India
• Current scenario of services sector in India
• Balance of Payments
• Components of Balance of Payments
• Favorable and Unfavorable Balance of Trade
• Foreign Investments in India - Types and Flows

• Government initiatives to foster Entrepreneurship
• Need for Entrepreneurship in India
• Bottlenecks in Entrepreneurial Growth

• Overview of Business Environment
• Features and factors influencing Business Environment
• Types of Environment: Economic Environment, Socio-cultural Environment, Political Environment, Legal and Technological Environment
• Ease of Doing Business Index by World Bank for India and Department for Promotion of Industry and Internal Trade (DPIIT) for States

• Basic awareness about various institutions and regulatory bodies in India such as NITI Aayog, MCA, SEBI, RBI, IBBI, CCI, NCLT and NCLAT

• Understanding of various International Organisations driving business, trade and Commerce, Global Financial System like WTO, Asian Development Bank, OECD, World Bank (IFC, IDC), European Bank for Reconstruction and Development, OPEC etc. 

• Broad understanding on need for Preservation of Environment, focus on planet along with profitability of business organisations to enhance Sustainability, National Guidelines on Responsible Business Conduct, various environmental initiatives of Government of India and SEBI towards safeguarding environment

• Environmental protection initiatives by international organizations.

• To provide basics of AI evolution, its types and usage in business organisations

• Genesis of Governance – Definition and Features of Good Governance ; Corporate Governance; Evolution; Definition of a Company; Management of a Company – Definition, Key Components, Stakeholders, Key Requirements, Benefits, Corporate Governance and the Ancient Indian Scriptures, Legal Framework, Mandatory Reporting Requirements; Corporate Governance Report; Recent Developments in Corporate Governance – Environment, Social, Governance
• Case Studies on Corporate Governance
• Case Studies on Failures in Corporate Governance; Institutions promoting Corporate Governance; ICSI Guiding Principles on Stewardship

Basics of Demand and Supply and Forms of Market Competition:

• Equilibrium Price, Elasticity of Demand & Supply, and Forms of Market Competition (Monopoly, Oligopoly, etc.)

National Income Accounting and Related Concepts:

• Meaning, Methods of Computation, GDP, GNP, and NDP

Indian Union Budget:

•  Revenue and Capital budgets, Major Components, Fiscal Deficit

Indian Financial Markets:

• Indian Financial Ecosystem, Banking Sectors (Public, Private, RRBs), and SIDBI

Indian Economy:

• Primary, Secondary, Tertiary Sectors; Agriculture and Industry