APPSC FAO/TO & STO Syllabus 2026 - Check Exam Pattern

The Arunachal Pradesh Public Service Commission (APPSC) has notified the syllabus for direct recruitment to the posts of Finance and Accounts Officer/Treasury Officer (FAO/TO) and Sub-Treasury Officer (STO) vide Notification No. PSC-R/10/2026 dated 16th July 2026. Candidates preparing for this recruitment must go through the syllabus and exam pattern together, since the written test includes a compulsory Commercial Mathematics paper along with one optional subject chosen by the candidate. This article covers the complete APPSC FAO/TO and STO Syllabus 2026, subject-wise topics, and the official PDF download link.

APPSC FAO/TO & STO Syllabus 2026 - Check Exam Pattern

APPSC FAO/TO and STO Exam Pattern 2026

Commercial Mathematics Paper (Recruitment Test)

APPSC FAO/TO and STO Syllabus 2026

Below is the complete subject-wise APPSC FAO/TO and STO syllabus as notified in Annexure-I to Annexure-V of the official notification.

1. Commercial Mathematics (Annexure-I - Recruitment Test, 200 Marks)

Percentage: Conversion between fraction, decimal, percentage; Percentage increase and decrease; Comparison of percentages; Successive percentage change; Relationship between quantities using percentage Profit, Loss and Discount: Cost Price (CP), Selling Price (SP); Profit and Loss percentage; Marked Price (MP); Trade discount; Successive discount; Profit or loss after discounts; Equal profit and loss situations Simple Interest (SI): Principal, Rate, Time relationship; Finding rate, time, principal; Interest over different periods; Multiple loans at different rates Compound Interest (CI): Compound Interest; Annual compounding; Half-yearly/Quarterly compounding; Difference between SI and CI; Compound Interest for fractional periods Banker’s Discount and Bills of Exchange: Bill of exchange; True Discount; Banker’s Discount; Banker’s Gain; Present worth of a bill; Time of bill Partnership and Division of Money: Investment sharing; Profit distribution; Division of sum with equal interest conditions; Loans at different rates Ratio and Proportion: Ratio formation; Ratio from percentage difference; Comparison between numbers; Proportion relationships; Direct/Indirect proportions Time and Interest Applications: Time value of money; Settling accounts; Present value calculations; Interest for fractional time periods Probability: Probability formula; Coin toss probability; Simple problems on Event outcome Linear Equations/Algebraic Word Problems: Forming equations from statements; Solving single variable equations, Quadratic Equations; Percentage equations Time and Work: Arithmetic Mean, problems on Average Speed, Average Age, etc.; Work rate problems; Efficiency comparison; Work-Wages problems Basic Statistics: Mean; Median; Mode

2. Optional Paper - Commerce (Annexure-II)

(A) Paper I - Accounting and Finance Accounting, Taxation & Auditing

(B) Paper I - Financial Management, Financial Institutions and Markets

Financial Management: Finance function - nature, scope and objectives; risk and return relationship; tools of financial analysis - ratio analysis, funds-flow and cash-flow statement; capital budgeting decisions - process, procedures and appraisal methods, risk and uncertainty analysis; cost of capital - concept, computation of specific costs and weighted average cost of capital, CAPM; financing decisions - theories of capital structure (NI approach, NOI approach, MM approach, Traditional approach); designing of capital structure - types of leverages, EBIT-EPS analysis; dividend decisions and valuation of firm - Walter’s Model, MM Thesis, Gordon’s Model, Lintner’s Model; factors affecting dividend policy; working capital management - planning, determinants and components of working capital (cash, inventory and receivables) Financial Markets and Institutions: Indian Financial System - an overview; Money Markets - participants, structure and instruments, commercial banks, reforms in banking sector, monetary and credit policy of RBI, RBI as a regulator; Capital Market - primary and secondary market, financial market instruments and innovative debt instruments, SEBI as a regulator; Financial Services - mutual funds, venture capital, credit rating agencies, SEBI, insurance and IRDA

(C) Paper II - Organisation Theory and Behaviour, Human Resource Management and Industrial Relations

Organisation Theory: Nature and concept of organisation; external environment - technological, social, political, economical and legal; organisational goals; evolution of organisation theory - classical, neo-classical and system approach; modern concepts - organisational design, structure and culture; designing organisational structures - authority and control, line and staff functions, types of organisation structure (functional, matrix, project); sources and structure of power; impact of information technology on organisational design and structure Organisation Behaviour: Meaning and concept; individual in organisation - personality, theories and determinants; perception; motivation - concepts, theories and applications; leadership - theories and styles; Quality of Work Life (QWL); Quality Circles (QC); management of conflicts in organisations; transactional analysis; organisational effectiveness; management of change Human Resources Management (HRM): Meaning, nature and scope; human resource planning; job analysis, job description, job specification; recruitment and selection process; orientation and placement; training and development; performance appraisal and 360° feedback; salary and wage administration; job evaluation; employee welfare; promotions, transfers and separations Industrial Relations (IR): Meaning, nature, importance and scope; formation of trade unions; trade union legislation; trade union movement in India; recognition of trade unions and their problems; impact of liberalization on trade union movement; nature of industrial disputes - strikes and lockouts, causes, prevention and settlement; worker’s participation in management; adjudication, reconciliation and collective bargaining; industrial relations in public enterprises; absenteeism and labour turnover; ILO and its functions

3. Optional Paper - Economics (Annexure-III)

Indian Economy in Post-Independence Era: Land system and its changes; commercialization of agriculture; drain theory; laissez faire theory and its critique; manufacture and transport - jute, cotton, railways, money and credit The Pre-Liberalization Era: Contribution of Mahalanobis, Vakil, Gadgil and V.K.R.V. Rao; agriculture - land reforms, land tenure system, Green Revolution and capital formation; industry trends in composition and growth, role of public and private sector, small scale and cottage industries; national and per capita income patterns and trends; broad factors determining national income and distribution, measures of poverty, trends in poverty and inequality The Post-Liberalization Era: New economic reform and agriculture - agriculture and WTO, food processing, subsidies, agricultural prices and public distribution system; new economic policy and industry - industrialization strategy, privatization, disinvestments, role of FDI and multinationals; new economic policy and trade - IPR implications of TRIPS, TRIMS, GATS and new EXIM policy; new exchange rate regime - partial and full convertibility, capital account convertibility; new economic policy and public finance - FRBM Act, Twelfth Finance Commission, fiscal federalism and fiscal consolidation; new economic policy and monetary system, role of RBI under the new regime; planning - from central planning to indicative planning, 73rd and 74th Constitutional amendments; new economic policy and employment - employment and poverty, rural wages, employment generation, poverty alleviation schemes, New Rural Employment Guarantee Scheme

4. Optional Paper - Mathematics (Annexure-IV)

5. Optional Paper - Statistics (Annexure-V)

How to Prepare for APPSC FAO/TO and STO Exam 2026

Start with the Commercial Mathematics syllabus first, since it is compulsory for every candidate regardless of the optional subject chosen - build speed on Percentage, SI/CI, Profit-Loss and Time-Work problems, as these topic areas cover the bulk of the 200-mark paper. Pick your optional subject (Commerce, Economics, Mathematics or Statistics) based on your academic background, since each has two full papers with postgraduate-level depth. Make a topic-wise timetable that maps each Annexure to weekly targets, rather than studying subjects randomly. Practice previous APPSC question papers and other state PSC finance-related papers to get familiar with the question style, since official past papers for this specific post are not yet available. Revise standard reference textbooks for your chosen optional subject at the postgraduate level, since the syllabus (e.g., Statistical Inference, Complex Analysis, Financial Management) matches university-level depth. Keep a separate revision file for formulas (Commercial Mathematics) and theorems (Mathematics/Statistics optional), and revise it in the last month before the exam.

APPSC FAO/TO & STO Important Links

APPSC Syllabus 2026 : Click Here official Website: appsc.gov.in

APPSC FAO/TO & STO Syllabus 2026 - Check Exam Pattern FAQs

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• Where can I download APPSC FAO/TO & STO Syllabus 2026 - Check Exam Pattern? From the official website link provided in the Important Links section above.