UPSC IES 2020 Indian Economic Service IES Exam Admit Card


UPSC IES 2020 & IES Exam Admit Card: IAS / IPS / IES / IFS / IRS and others are the Group A services of India and every student from their beginning of understanding broad areas of life, want to become any of these officers. Here in this article, you will find the latest information about UPSC IES 2020, IES Exam, IES Syllabus, and many other things. The official website of UPSC is if you want to go to the official website.

The approximate number of vacancies to be filled through the Indian Economic Service Examination IES Exam, 2020 is 15 and for this post lacs of students will fight in the examination. All candidates (male/female/transgender) are requested to carefully read the Rules of Indian Economic Service Examination notified by the Government (Ministry of Finance, Department of Economic Affairs), and this Notice of Examination derived from these Rules.

OrganizationUnion Public Service Commission
CategorySarkari Naukri / UPSC
Post NameUPSC IES 2020 Indian Economic Service
Official NotificationClick Here
Official WebsiteClick Here

IES Exam Date 2020

Post NameUPSC IES 2020
Apply Online Start Date11.08.2020
Apply Online Last Day01.09.2020
Pay Application Fee Lats Day01.09.2020
Admit Card28.08.2020
Exam Date16.10.2020

The eligible candidates shall be issued an e-Admission Certificate three weeks before the commencement of the examination. The e-Admission Certificate will be made available on the UPSC website [] for downloading by candidates. No Admission Certificate will be sent by post. All the applicants are required to provide valid and active E-Mail I.D. while filling up Online Application Form as the Commission may use electronic mode for contacting them.

IES 2020 Preliminary Exam Centres


The candidates should note that no request for change of center will be entertained. All the examination centers for the examination will cater to the examination for Persons with Benchmark Disabilities also.

Application Fee for IES 2020

Gen/OBCSC/ST/All Women

Candidates (excepting Female/SC/ST/Persons with Benchmark Disability Candidates who are exempted from payment of fee) are required to pay a fee of Rs. 200/- (Rupees Two Hundred only) either by remitting the money in any Branch of State Bank of India or by using Visa/Master/RuPay Credit/Debit Card or by using Internet Banking of SBI.

Fee once paid shall not be refunded under any circumstances nor can the fee be held in reserve for any other examination or selection.


Some Useful And Important Links

Download Admit CardClick Here
Apply OnlineClick Here
Pay Exam FeeClick Here
Re Print FormClick Here
Download NotificationClick Here
Official WebsiteClick Here

IES Eligibility For IES 2020

1. Nationality

  • A candidate must be either:
    1. a citizen of India; or
    2. a subject of Nepal; or
    3. a subject of Bhutan; or
    4. a Tibetan refugee who came over to India, before the 1st January 1962, with the intention of permanently settling in India; or
    5. a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, and Ethiopia or Vietnam with the intention of permanently settling in India.

Provided that a candidate belonging to categories (b), (c), (d) & (e) above shall be person in whose favour a certificate of eligibility has been issued by the Government of India.

A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination but the offer of appointment may be given only after the necessary eligibility certificate has been issued to him/her by the Government of India.

2. IES Exam Age Limit

A candidate must have attained the age of 21 years and must not have attained the age of 30 years on 1st August 2020 i.e he/she must have been born not earlier than 2nd August 1990 and not later than 1st August 1999.

Age Relaxation For IES Exam

  • up to a maximum of five years if a candidate belongs to a Scheduled Caste or a Scheduled Tribe.
  • up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates.
  • up to a maximum of three years in the case of Defence Services Personnel disabled in operations during hostilities with any foreign country or in a disturbed area, and released as a consequence thereof.
  • up to a maximum of five years in the case of ex-servicemen including Commissioned Officers and ECOs/SSCOs who have rendered at least five years Military Service as of 1st August 2020 and have been released.
  • up to a maximum of 10 years in the case of Persons with Benchmark Disabilities viz;
    • (a) blindness and low vision
    • (b) deaf and hard of hearing
    • (c) locomotor disability including cerebral palsy, leprosy cured, dwarfism, acid attack victims and muscular dystrophy
    • (d) autism, intellectual disability, specific learning disability, and mental illness
    • (e) multiple disabilities from amongst person under clauses (a) to (d) including deaf-blindness.

3. Educational Qualifications for IES 2020

A candidate for the Indian Economic Service IES Exam must have obtained a Post-Graduate Degree in Economics/Applied Economics/Business Economics/ Econometrics from a University incorporated by of an Act of the Central or State Legislature in India or other Educational Institutes established by an Act Parliament or declared to be deemed as University under Section 3 of the University Grants Commission Act, 1956 or a Foreign University approved by the Central Government from time to time.

A candidate who intends to appear at such a qualifying examination may also apply. Such a candidate will be admitted to the
examination, if otherwise eligible, but his/her admission would be deemed to be provisional and subject to cancellation if his/her does not produce the proof of having passed the requisite qualifying examination along with the Detailed Application Form which will be required to be submitted by the candidate who qualifies on the results of the written part of the examination. Such proof of passing the requisite examination should be dated earlier than the due date (closing date) of the Detailed Application Form of the Indian Economic Service Examination, 2020.

Physical Eligibility for IES 2020

Candidates must be physically fit according to physical standard for admission to Indian Economic Service Examination, 2020 as per Regulations given in Appendix III of the rules for the Indian Economic Service Examination, 2020 published in Gazette of India dated 11th August 2020.

UPSC IES Syllabus

The examination shall be conducted according to the following plan:

  • Part I- Written examination carrying a maximum of 1000 marks in the subjects as shown below.
  • Part II- Viva-voce of such candidates as may be called by the Commission carrying a maximum of 200 marks.

Part 1 – Written examination

The subjects of the written examination under Part-I, the maximum marks allotted to each subject/paper and the time allowed shall be as follows-

Indian Economic Service Syllabus

SubjectMax MarksTime Alloted
General English1003 hrs.
General Studies1003 hrs.
General Economics-I2003 hrs.
General Economics-II2003 hrs.
General Economics-III2003 hrs.
Indian Economics2003 hrs.

Note 1: The papers on General English and General Studies, common to both Indian Economic Service and Indian Statistical Service will be of subjective type.


PART 2 – Viva-voce

Viva-voce – The candidate will be interviewed by a Board of competent and unbiased observers who will have before them a record of his/her career. The object of the interview is to assess his/her suitability for the service for which he/she has competed. The interview is intended to supplement the written examination for testing the general and specialized knowledge and abilities of the candidate. The candidate will be expected to have taken an intelligent interest not only in his/her subjects of academic study but also in events which are happening around him/her both within and outside his/her own State or Country as well as in modern currents of thought and in new discoveries which should arouse the curiosity of well-educated youth.

The technique of the interview is not that of a strict cross-examination, but of a natural, though directed and purposive conversation intended to reveal the candidate’s mental qualities and his/her grasp of problems. The Board will pay special attention to assess the intellectual curiosity, critical powers of assimilation, the balance of judgment and alertness of mind, the ability for social cohesion, the integrity of character initiative, and capacity for leadership.


Candidates will be required to write an essay in English. Other questions will be designed to test their understanding of English and workmanlike use of words. Passages will usually be set for summary or precis.


General knowledge including knowledge of current events and of such matters of everyday observation and experience in their scientific aspects as may be expected of an educated person who has not made a special study of any scientific subject. The paper will also include questions on Indian Polity including the political system and the Constitution of India, History of India, and Geography of nature which a candidate should be able to answer without special study.



  1. Theory of Consumer’s Demand: Cardinal utility Analysis: Marginal utility and demand, Consumer’s surplus, Indifference curve, Analysis and utility function, Price income and substitution effects, Slutsky theorem and derivation of the demand curve, Revealed preference theory. Duality and indirect utility function and expenditure function, Choice under risk, and uncertainty. Simple games of complete information, Concept of Nash equilibrium.
  2. Theory of Production: Factors of production and production function. Forms of Production Functions: Cobb Douglas, CES, and Fixed coefficient type, Translog production function. Laws of return, Returns to scale, and Return to factors of production. Duality and cost function, Measures of productive efficiency of firms, technical and allocative efficiency. Partial Equilibrium versus General Equilibrium approach. Equilibrium of the firm and industry.
  3. Theory of Value: Pricing under different market structures, public sector pricing, marginal cost pricing, peak-load pricing, cross-subsidy free pricing, and average cost pricing. Marshallian and Walrasian stability analysis. Pricing with incomplete information and moral hazard problems.
  4. Theory of Distribution: Neo classical distribution theories; Marginal productivity theory of the determination of factor prices, Factor shares, and adding up problems. Euler’s theorem, Pricing of factors under imperfect competition, monopoly, and bilateral monopoly. Macro distribution theories of Ricardo, Marx, Kaldor, Kalecki.
  5. Welfare Economics: Inter-personal comparison and aggression problem, Public goods and externalities, Divergence between social and private welfare, compensation principle. Pareto optimality. Social choice and other recent schools, including Coase and Sen.

PART B : Quantitative Methods in Economics

  1. Mathematical Methods in Economics: Differentiation and Integration and their application in economics. Optimization techniques, Sets, Matrices, and their application in economics. Linear algebra and Linear programming in economics and Input-output model
    of Leontief.
  2. Statistical and Econometric Methods: Measures of central tendency and dispersions, Correlation and Regression. Time series. Index numbers. A sampling of curves based on various linear and non-linear functions. Least square methods and other multivariate analysis (only concepts and interpretation of results). Analysis of Variance, Factor analysis, Principle component analysis, Discriminant analysis. Income distribution: Pareto law of Distribution, lognormal distribution, measurement of income inequality. Lorenz curve and Gini coefficient. Univariate and multivariate regression analysis. Problems and remedies of Heteroscedasticity, Autocorrelation, and Multicollinearity.


  1. Economic Thought: Mercantilism Physiocrats, Classical, Marxist, Neo-classical, Keynesian and Monetarist schools of thought.
  2. Concept of National Income and Social Accounting: Measurement of National Income, Inter relationship between three measures of national income in the presence of Government sector and International transactions. Environmental considerations, Green national income.
  3. Theory of employment, Output, Inflation, Money, and Finance: The Classical Theory of Employment and Output and Neo classical approaches. Equilibrium, analysis under classical and neoclassical analysis. Keynesian theory of Employment and output. Post-Keynesian developments. The inflationary gap; Demand pull versus cost-push inflation, Philip’s curve, and its policy implication. The classical theory of Money, the Quantity Theory of Money. Friedman’s restatement of the quantity theory, the neutrality of money. The supply and demand for loanable funds and equilibrium in financial markets, Keynes’ theory on demand for money. IS-LM Model and AD-AS Model in Keynesian Theory.
  4. Financial and Capital Market: Finance and economic development, financial markets, stock market, gift market, banking, and insurance. Equity markets, Role of primary and secondary markets and efficiency, Derivatives markets; Future and options.
  5. Economic Growth and Development: Concepts of Economic Growth and Development and their measurement: characteristics of less developed countries and obstacles to their development – growth, poverty, and income distribution. Theories of growth: Classical Approach: Adam Smith, Marx, and Schumpeter- Neo classical approach; Robinson, Solow, Kaldor, and Harrod Domar. Theories of Economic Development, Rostow, Rosenstein-Roden, Nurske, Hirschman, Leibenstien and Arthur Lewis, Amin, and Frank (Dependency school) respective role of the state and the market. Utilitarian and Welfarist approach to social development and A.K. Sen’s critique. Sen’s capability approach to economic development. The Human Development Index. Physical quality of Life Index and the Human Poverty Index. Basics of Endogenous Growth Theory.
  6. International Economics: Gains from International Trade, Terms of Trade, policy, international trade, and economic development- Theories of International Trade; Ricardo, Haberler, Heckscher- Ohlin, and Stopler- Samuelson- Theory of Tariffs- Regional Trade Arrangements. Asian Financial Crisis of 1997, the Global Financial Crisis of 2008 and the Euro Zone Crisis- Causes and Impact.
  7. Balance of Payments: Disequilibrium in Balance of Payments, Mechanism of Adjustments, Foreign Trade Multiplier, Exchange Rates, Import, and Exchange Controls and Multiple Exchange Rates. IS-LM Model and Mundell- Fleming Model of Balance of Payments.
  8. Global Institutions: UN agencies dealing with economic aspects, the role of Multilateral Development Bodies (MDBs), such as World Bank, IMF, and WTO, Multinational Corporations. G-20.


  1. Public Finance—Theories of taxation: Optimal taxes and tax reforms, the incidence of taxation. Theories of public expenditure: objectives and effects of public expenditure, public expenditure policy, and social cost-benefit analysis, criteria of public investment decisions, the social rate of discount, shadow prices of investment, unskilled labor, and foreign exchange. Budgetary deficits. Theory of public debt management.
  2. Environmental Economics—Environmentally sustainable development, Rio process 1992 to 2012, Green GDP, UN Methodology of Integrated Environmental and Economic Accounting. Environmental Values: Users and non-users’ values, option value. Valuation Methods: Stated and revealed preference methods. Design of Environmental Policy Instruments: Pollution taxes and pollution permits, collective action, and informal regulation by local communities. Theories of exhaustible and renewable resources. International environmental agreements, RIO Conventions. Climatic change problems. Kyoto Protocol, UNFCC, Bali Action Plan, Agreements up to 2017, tradable permits, and carbon taxes. Carbon Markets and Market Mechanisms. Climate Change Finance and Green Climate Fund.
  3. Industrial Economics—Market structure, conduct and performance of firms, product differentiation and market concentration, monopolistic price theory and oligopolistic interdependence and pricing, entry preventing pricing, micro level investment decisions and the behavior of firms, research, and development and innovation, market structure and profitability, public policy and development of firms.
  4. State, Market, and Planning—Planning in a developing economy. Planning regulation and market. Indicative planning. Decentralized planning.


  1. History of development and planning— Alternative development strategies—the goal of self-reliance based on import substitution and protection, the post-1991 globalisation strategies based on stabilization and structural adjustment packages: fiscal reforms, financial sector reforms, and trade reforms.
  2. Federal Finance—Constitutional provisions relating to fiscal and financial powers of the States, Finance Commissions and their formulae for sharing taxes, Financial aspect of Sarkaria Commission Report, financial aspects of 73rd and 74th Constitutional Amendments.
  3. Budgeting and Fiscal Policy—Tax, expenditure, budgetary deficits, pension, and fiscal reforms, Public debt management and reforms, Fiscal Responsibility and Budget Management (FRBM) Act, Black Money, and Parallel economy in India—definition, estimates, genesis, consequences, and remedies.
  4. Poverty, Unemployment, and Human Development—Estimates of inequality and poverty measures for India, appraisal of Government measures, India’s human development record from a global perspective. India’s population policy and development.
  5. Agriculture and Rural Development Strategies— Technologies and institutions, land relations and land reforms, rural credit, modern farm inputs, and marketing— price policy and subsidies; commercialization and diversification. Rural development programs including poverty alleviation programs, development of economic and social infrastructure, and the New Rural Employment Guarantee Scheme.
  6. India’s experience with Urbanisation and Migration—Different types of migratory flows and their impact on the economies of their origin and destination, the process of growth of urban settlements; urban development strategies.
  7. Industry: Strategy of industrial development— Industrial Policy Reform; Reservation Policy relating to small scale industries. Competition policy, Sources of industrial finances. Bank, share market, insurance companies, pension funds, non-banking sources and foreign direct investment, the role of foreign capital for direct investment and portfolio investment, Public sector reform, privatization, and disinvestment.
  8. Labour—Employment, unemployment and underemployment, industrial relations and labor welfare— strategies for employment generation—The urban labor market and informal sector employment, Report of National Commission on Labour, Social issues relating to labor e.g. Child Labour, Bonded Labour International Labour Standard and its impact.
  9. Foreign trade—Salient features of India’s foreign trade, composition, direction and organization of trade, recent changes in trade, the balance of payments, tariff policy, exchange rate, India and WTO requirements. Bilateral Trade Agreements and their implications.
  10. Money and Banking—Financial sector reforms, Organisation of India’s money market, changing roles of the Reserve Bank of India, commercial banks, development finance institutions, foreign banks and non-banking financial institutions, Indian capital market and SEBI, Development in Global Financial Market and its relationship with Indian Financial Sector. Commodity Market in India-Spot and Futures Market, Role of FMC.
  11. Inflation—Definition, trends, estimates, consequences, and remedies (control): Wholesale Price Index. Consumer Price Index: components and trends.


Candidates are required to apply Online using the website Salient features of the system of Online Application Form are given hereunder:

  • Detailed instructions for filling up online applications are available on the above-mentioned website.
  • Candidates will be required to complete the Online Application Form containing two stages viz. Part-I and Part-II as per the instructions available in the above-mentioned site through drop-down menus.
  • The candidates are required to pay a fee of Rs.200/- Rupees Two Hundred only) [excepting SC/ST/Female/Persons with Benchmark Disability candidates who are exempted from payment of fee] either by depositing the money in any branch of State Bank of India by cash, or by using the net banking facility of State Bank of India or by using any Visa/Master/RuPay Credit/Debit Card.
  • Before start filling up Online Application, a candidate must have his photograph and signature duly scanned in the .jpg format in such a manner that each file should not exceed 300 KB each and must not be less than 20 KB in size for the photograph and signature.
  • The candidate should have details of one Photo ID viz. Aadhar Card/Voter Card/ PAN Card/Passport/Driving License/Any other photo ID Card issued by the State/Central Government. The details of this photo ID will have to be provided by the candidate while filling up the online application form. This photo ID will be used for all future references and the candidate is advised to carry this ID while appearing for the examination.
  • The Online applications (Part I and II) can be filled from 11th August 2020 to 1st September, 2020 till 18:00 Hrs.
  • Applicants should avoid submitting multiple applications. However, if due to any unavoidable circumstances, any applicant submits multiple applications then he/she must ensure that the applications with higher RID are complete in all respects.
  • In the case of multiple applications, the applications with higher RID shall be entertained by the Commission, and the fee paid against one RID shall not be adjusted against any other RID.
  • The applicants must ensure that while filling their Application Form, they are providing their valid and active E-Mail IDs as the Commission may use electronic mode of communication while contacting them at different stages of the examination process.
  • The applicants are advised to check their emails at regular intervals and ensure that the email addresses ending with @ are directed to their inbox folder and not to the SPAM folder or any other folder.
  • Candidates are strongly advised to apply online well in time without waiting for the last date for submission of Online Applications.

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