Nepal Rastra Bank - Administration Officer - 3rd Level - Open Competition - New Exam Syllabus 2074

Nepal Rastra Bank - Administration Officer - 3rd Level - Exam Syllabus

First Paper

Microeconomics, Financial Management, Development Economics and International Trade

Group 'A'

Microeconomics

1. Methodology : Inductive and deductive methods; Economic theories- role and assumptions; Importance and uses of micro-economics.
2. Theories of Demand : Indifference Curve analysis; Income, substitution and price effects; Revealed Preference Theory. 
3. Theories of Production and Cost : Law of variable proportions, Isoquants and their properties; Cobb-Douglas production function and elasticity of substitution between factors; Cost curves. 
4. Price and Output Determination under Various Market Systems: Perfect competition, monopoly, monopolistic competition and oligopoly; Price discrimination and their degrees. 
5. Theories of Distribution : Marginal Productivity Theory; Factor pricing in competitive and imperfectly competitive markets.

Group 'B'

Financial Management 

1. Financial system and market; Capital market, money market, securities market, market indexes, Bond valuation, financial derivatives Instruments.
2. Financial planning and capital structure management. 
3. Financial investment analysis; Capital budgeting; Cost of capital, Portfolio analysis and selection. 
4. Financial statements and their analysis - Analysis of financial statements; Financial forecasting; Ratio analysis for measuring performance. 
5. Financial institutions and their management – Financial sector reforms in Nepal. 

Group 'C'

Development Economics

1. Structure and characteristics of developing economies – Structural diversities in developing countries; Determinants of economic growth; Development issues and challenges; Contemporary theories and approaches to economic underdevelopment. 
2. Poverty, inequality, population growth and development; Measuring poverty and inequality; Basic issues and challenges of population growth, Quality of life - issues; Migration and urbanization trends and issues. 
3. Development policy-making and role of the state – The nature of development planning, rationale, and the planning process; Problems of implementation and plan failures; Trends in governance and reform. 
4. Development planning in Nepal – Development issues in Nepal; Relevance of planning; Tools used in the planning process – Cost-benefit analysis, internal rate of return, financial and economic analysis, logical framework analysis; Challenges of economic development in Nepal.
5. Policy issues in development – Current status and dimensions of economic policies in Nepal; Economic liberalization policies adopted by Nepal and their impact; Privatization policy and its effective implementation; Foreign aid trend, composition and its utilization in Nepal; Major Issues and challenges; Economic diplomacy; Foreign direct investment – concepts, current status, and future prospects in the context of Nepal. 

Group 'D'

International Trade

1. Theories of international trade and investment : from classical to modern theories.
2. Balance of payments: Causes of dis-equilibrium and the theories of adjustment. 
3. Foreign exchange rate determination - theories of foreign exchange, fixed vs flexible exchange rate systems. 
4. Regional economic cooperation–concept, structure and working of SAARC, ASEAN, EU and BIMSTEC; Comparative perspective of trade and development. 
5. World Trade Organization – Objectives, Structure, Nepal's commitments and achievements. 
6. Nepal's foreign trade policy – Import-substitution vs export-promotion; Instruments of foreign trade policy; Open economy and the case for free trade; Free trade vs protection; Basic tariff analysis; Balance of trade issues; Effects of existing trade policies; Bilateral and multilateral trade agreements strategies and issues. 

(Source: NRB)