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ICSI CSEET Paper 3 Economics and Business Environment notes

ICSI CSEET Paper 3 Economics and Business Environment notes

Economics and Business Environment notes:

ICSI CSEET: The Council of the ICSI has released a notice regarding CSEET on the day of the inauguration of ICSI Golden Jubilee Celebrations on 4th Oct 2017.

The Gazette Notification on the Company Secretaries (Amendment) Regulations, 2020 has been published on 3rd February 2020 in the Official Gazette of India and the same shall be applicable from the said date of publication.

Now ICSI Published a notice regarding CSEET Test which going to start from 2020 May.

We are now going to discuss the details of CSEET Paper-3 Economics and Business Environment notes.

Economics and Business Environment

Economics and Business Environment

Objective: To test understanding on concepts of Micro & Macro Economics with a focus on Indian economic system.
To test understanding on various crucial elements of business environment.
Total Marks – 50 Marks
Part A– Economics (25 Marks)
Part B – Business Environment (25 Marks)

Sl.noTopicsub topicLinks
Part A– Economics (25 Marks)
1Basics of Demand and Supply and Forms of Market CompetitionTheory of Demand and SupplyCheck Here
Equilibrium PriceCheck Here
Elasticity of Demand and Supply and other related
Check Here
Increase and Decrease of DemandCheck Here
Expansion and Contraction of DemandCheck Here
Forms of Market Competition- Monopoly, Duopoly, OligopolyCheck Here
Perfect Competition and Monopolistic CompetitionCheck Here
2 National Income
Accounting and Related
Meaning and methods to compute National Income Check Here
Key variables of National Income (GNP, GDP, NNP,
NDP etc.)
Check Here
3Indian Union BudgetKey terminologies covered under the budgetCheck Here
Revenue,Major components of Revenue and Capital BudgetCheck Here
 Fiscal Deficit,Components covered under Fiscal DeficitCheck Here
4Indian Financial MarketsOverview of Indian Financial EcosystemCheck Here
Key facets of Indian financial systemCheck Here
Growth of Financial InstitutionsCheck Here
Public and private sector banksCheck Here
Industrial Finance Corporation of IndiaCheck Here
Small Industries Development Bank of IndiaCheck Here
Regional Rural BanksCheck Here
Cooperative BanksCheck Here
Non-Banking Finance CompaniesCheck Here
Basics of Capital Market: Types of Shares and DebenturesCheck Here 
Financial assistance scenario for Small and Medium
Enterprises and Start-Ups
Check Here
5Indian Economy Primary (Agriculture and allied activities)Check Here
Secondary (Manufacturing)Check Here
Tertiary (Services)Check Here
Current scenario of agriculture and allied activities in IndiaCheck Here
Agricultural and Industrial Policies of IndiaCheck Here
Current scenario of services sector in IndiaCheck Here
Balance of PaymentsCheck Here
Foreign Investments in India- Types and FlowsCheck Here 
Favorable and Unfavorable Balance of TradeCheck Here 
Part-B – Logical Reasoning (25 marks)
Government initiatives to foster entrepreneurshipCheck Here
Need for entrepreneurship in IndiaCheck Here
Bottlenecks in entrepreneurial growthCheck Here
7Business EnvironmentOverview of Business EnvironmentCheck Here
Types of environment: Economic environment,
Socio-cultural environment, Political environment,
Legal and Technological environment
Check Here
Ease of Doing Business Index by World Bank for
India and Department for Promotion of Industry and
Internal Trade (DPIIT) for States
Check Here
8Key Government
Basic awareness about  NITI AayogCheck Here
Basic awareness about MCACheck Here
Basic awareness about SEBICheck Here
Basic awareness about RBICheck Here
Basic awareness about IBBICheck Here
Basic awareness about CCICheck Here
Basic awareness about NCLT/NCLATCheck Here

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