Take This Quiz & Predict Your Score in the coming CA CS or CMA Exam!
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
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.no | Topic | sub topic | Links |
| Part A– Economics (25 Marks) | |||
| 1 | Basics of Demand and Supply and Forms of Market Competition | Theory of Demand and Supply | Check Here |
| Equilibrium Price | Check Here | ||
| Elasticity of Demand and Supply and other related concepts | Check Here | ||
| Increase and Decrease of Demand | Check Here | ||
| Expansion and Contraction of Demand | Check Here | ||
| Forms of Market Competition- Monopoly, Duopoly, Oligopoly | Check Here | ||
| Perfect Competition and Monopolistic Competition | Check Here | ||
| 2 | National Income Accounting and Related Concepts | Meaning and methods to compute National Income | Check Here |
| Key variables of National Income (GNP, GDP, NNP, NDP etc.) | Check Here | ||
| 3 | Indian Union Budget | Key terminologies covered under the budget | Check Here |
| Revenue,Major components of Revenue and Capital Budget | Check Here | ||
| Fiscal Deficit,Components covered under Fiscal Deficit | Check Here | ||
| 4 | Indian Financial Markets | Overview of Indian Financial Ecosystem | Check Here |
| Key facets of Indian financial system | Check Here | ||
| Growth of Financial Institutions | Check Here | ||
| Public and private sector banks | Check Here | ||
| Industrial Finance Corporation of India | Check Here | ||
| Small Industries Development Bank of India | Check Here | ||
| Regional Rural Banks | Check Here | ||
| Cooperative Banks | Check Here | ||
| Non-Banking Finance Companies | Check Here | ||
| Basics of Capital Market: Types of Shares and Debentures | Check Here | ||
| Financial assistance scenario for Small and Medium Enterprises and Start-Ups | Check Here | ||
| 5 | Indian Economy | Primary (Agriculture and allied activities) | Check Here |
| Secondary (Manufacturing) | Check Here | ||
| Tertiary (Services) | Check Here | ||
| Current scenario of agriculture and allied activities in India | Check Here | ||
| Agricultural and Industrial Policies of India | Check Here | ||
| Current scenario of services sector in India | Check Here | ||
| Balance of Payments | Check Here | ||
| Foreign Investments in India- Types and Flows | Check Here | ||
| Favorable and Unfavorable Balance of Trade | Check Here | ||
| Part-B – Logical Reasoning (25 marks) | |||
| 6 | Entrepreneurship Scenario | Government initiatives to foster entrepreneurship | Check Here |
| Need for entrepreneurship in India | Check Here | ||
| Bottlenecks in entrepreneurial growth | Check Here | ||
| 7 | Business Environment | Overview of Business Environment | Check 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 | ||
| 8 | Key Government Institutions | Basic awareness about NITI Aayog | Check Here |
| Basic awareness about MCA | Check Here | ||
| Basic awareness about SEBI | Check Here | ||
| Basic awareness about RBI | Check Here | ||
| Basic awareness about IBBI | Check Here | ||
| Basic awareness about CCI | Check Here | ||
| Basic awareness about NCLT/NCLAT | Check Here | ||
Along with Economics and Business Environment notes, Check our other best free resources of CSEET-
Most dedicated CSEET YouTube Channel
Best CSEET Video Classes by India’s Top Gold Medalist Faculty
Join Most dedicated CSEET Telegram Channel
