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Sample Video


UGC NET 2021 Commerce Syllabus

Unit 1: Business Environment and International Business

S. NoBusiness Environment and International Business Chapters
1Concepts and elements of business environment: Economic environment- Economicsystems, Economic policies(Monetary and fiscal policies); Political environment- Role of government in business; Legal environment- Consumer Protection Act, FEMA; Socio-cultural factors and their influence on business; Corporate Social Responsibility (CSR)
2Scope and importance of international business; Globalization and its drivers; Modes of entry into international business
3Theories of International Trade; Government intervention in international trade; Tariff and non-tariff barriers; India’s foreign trade policy
4Foreign direct investment (FDI) and Foreign portfolio investment (FPI); Types ofFDI, Costs and benefits of FDI to home and host countries; Trends in FDI; India’sFDI policy
5Balance of payments (BOP): Importance and components of BOP
6Regional Economic Integration: Levels of Regional Economic Integration; Tradecreation and diversion effects; Regional Trade Agreements: European Union (EU),ASEAN, SAARC, NAFTA
7International Economic institutions: IMF, World Bank, UNCTAD
8World Trade Organisation (WTO): Functions and objectives of WTO; AgricultureAgreement; GATS; TRIPS; TRIMS

Unit 2: Accounting and Auditing

S. NoAccounting and Auditing Chapters
1Basic accounting principles; concepts and postulates
2Partnership Accounts: Admission, Retirement, Death, Dissolution and Insolvency ofpartnership firms
3Corporate Accounting: Issue, forfeiture and reissue of shares; Liquidation of companies; Acquisition, merger, amalgamation and reconstruction of companies
4Holding company accounts
5Cost and Management Accounting: Marginal costing and Break-even analysis; Standard costing; Budgetary control; Process costing; Activity Based Costing (ABC); Costing for decision-making; Life cycle costing, Target costing, Kaizen costing and JIT
6Financial Statements Analysis: Ratio analysis; Funds flow Analysis; Cash flow analysis
7Human Resources Accounting; Inflation Accounting; Environmental Accounting
8Indian Accounting Standards and IFRS
9Auditing: Independent financial audit; Vouching; Verification ad valuation of assetsand liabilities; Audit of financial statements and audit report; Cost audit
10Recent Trends in Auditing: Management audit; Energy audit; Environment audit;Systems audit; Safety audit

Unit 3: Business Economics

S. NoBusiness Economics Chapters
1Meaning and scope of business economics
2Objectives of business firms
3Demand analysis: Law of demand; Elasticity of demand and its measurement;Relationship between AR and MR
4Consumer behavior: Utility analysis; Indifference curve analysis
5Law of Variable Proportions: Law of Returns to Scale
6Theory of cost: Short-run and long-run cost curves
7Price determination under different market forms: Perfect competition; Monopolistic competition; Oligopoly- Price leadership model; Monopoly; Price discrimination
8Pricing strategies: Price skimming; Price penetration; Peak load pricing

Unit 4: Business Finance

S. NoBusiness Finance Chapters
1Scope and sources of finance; Lease financing
2Cost of capital and time value of money
3Capital structure
4Capital budgeting decisions: Conventional and scientific techniques of capitalbudgeting analysis
5Working capital management; Dividend decision: Theories and policies
6Risk and return analysis; Asset securitization
7International monetary system
8Foreign exchange market; Exchange rate risk and hedging techniques
9International financial markets and instruments: Euro currency; GDRs; ADRs
10International arbitrage; Multinational capital budgeting

Unit 5: Business Statistics and Research Methods

S. NoBusiness Statistics and Research Methods Chapters
1Measures of central tendency
2Measures of dispersion
3Measures of skewness
4Correlation and regression of two variables
5Probability: Approaches to probability; Bayes’ theorem
6Probability distributions: Binomial, poisson and normal distributions
7Research: Concept and types; Research designs
8Data: Collection and classification of data
9Sampling and estimation: Concepts; Methods of sampling – probability and nonprobability methods; Sampling distribution; Central limit theorem; Standard error; Statistical estimation
10Hypothesis testing: z-test; t-test; ANOVA; Chi–square test; Mann-Whitney test (Utest); Kruskal-Wallis test (H-test); Rank correlation test
11Report writing

Unit 6: Business Management and Human Resource Management Methods

S. NoBusiness Management and Human Resource Management Chapters
1Principles and functions of management
2Organization structure: Formal and informal organizations; Span of control
3Responsibility and authority: Delegation of authority and decentralization
4Motivation and leadership: Concept and theories
5Corporate governance and business ethics
6Human resource management: Concept, role and functions of HRM; Human resource planning; Recruitment and selection; Training and development; Succession planning
7Compensation management: Job evaluation; Incentives and fringe benefits
8Performance appraisal including 360-degree performance appraisal
9Collective bargaining and workers’ participation in management
10Personality: Perception; Attitudes; Emotions; Group dynamics; Power and politics;Conflict and negotiation; Stress management
11Organizational Culture: Organizational development and organizational change

Unit 7: Banking and Financial Institutions

S. NoBanking and Financial Institutions Chapters
1Overview of Indian financial system
2Types of banks: Commercial banks; Regional Rural Banks (RRBs); Foreign banks; Cooperative banks
3Reserve Bank of India: Functions; Role and monetary policy management
4Banking sector reforms in India: Basel norms; Risk management; NPA management
5Financial markets: Money market; Capital market; Government securities market
6Financial Institutions: Development Finance Institutions (DFIs); Non-BankingFinancial Companies (NBFCs); Mutual Funds; Pension Funds
7Financial Regulators in India
8Financial sector reforms including financial inclusion
9Digitisation of banking and other financial services: Internet banking; mobile banking; Digital payments systems
10Insurance: Types of insurance- Life and Non-life insurance; Risk classification andmanagement; Factors limiting the insurability of risk; Re-insurance; Regulatoryframework of insurance- IRDA and its role

Unit 8: Marketing Management

S. NoMarketing Management Chapters
1Marketing: Concept and approaches; Marketing channels; Marketing mix; Strategicmarketing planning; Market segmentation, targeting and positioning
2Product decisions: Concept; Product line; Product mix decisions; Product life cycle;New product development
3Pricing decisions: Factors affecting price determination; Pricing policies andstrategies
4Promotion decisions: Role of promotion in marketing; Promotion methods -Advertising; Personal selling; Publicity; Sales promotion tools and techniques;Promotion mix
5Distribution decisions: Channels of distribution; Channel management
6Consumer Behaviour; Consumer buying process; factors influencing consumerbuying decisions
7Service marketing
8Trends in marketing: Social marketing; Online marketing; Green marketing; Directmarketing; Rural marketing; CRM
9Logistics management

Unit 9: Legal Aspects of Business

S. NoLegal Aspects of Business Chapters
1Indian Contract Act, 1872: Elements of a valid contract; Capacity of parties; Freeconsent; Discharge of a contract; Breach of contract and remedies against breach;Quasi contracts;
2Special contracts: Contracts of indemnity and guarantee; contracts of bailment andpledge; Contracts of agency
3Sale of Goods Act, 1930: Sale and agreement to sell; Doctrine of Caveat Emptor; Rights of unpaid seller and rights of buyer
4Negotiable Instruments Act, 1881: Types of negotiable instruments; Negotiation andassignment; Dishonour and discharge of negotiable instruments
5The Companies Act, 2013: Nature and kinds of companies; Company formation;Management, meetings and winding up of a joint stock company
6Limited Liability Partnership: Structure and procedure of formation of LLP in India
7The Competition Act, 2002: Objectives and main provisions
8The Information Technology Act, 2000: Objectives and main provisions; Cybercrimes and penalties
9The RTI Act, 2005: Objectives and main provisions
10Intellectual Property Rights (IPRs): Patents, trademarks and copyrights; Emergingissues in intellectual property
11Goods and Services Tax (GST): Objectives and main provisions; Benefits of GST;Implementation mechanism; Working of dual GST

Unit 10: Income-tax and Corporate Tax Planning

S. NoIncome-tax and Corporate Tax Planning Chapters
1Income-tax: Basic concepts; Residential status and tax incidence; Exempted incomes;Agricultural income; Computation of taxable income under various heads; Deductions from Gross total income; Assessment of Individuals; Clubbing of incomes
2International Taxation: Double taxation and its avoidance mechanism; Transferpricing
3Corporate Tax Planning: Concepts and significance of corporate tax planning; Tax avoidance versus tax evasion; Techniques of corporate tax planning; Tax considerations in specific business situations: Make or buy decisions; Own or lease anasset; Retain; Renewal or replacement of asset; Shut down or continue operations
4Deduction and collection of tax at source; Advance payment of tax; E-filing ofincome-tax returns.

Study Material Sample

Unit-1 Business Environment & International Business – Click here for sample

Unit-2 Financial & Management Accounting  – Click here for sample

Unit-3 Business Economics  – Click here for sample

Unit-4 Business Finance  – Click here for sample

Unit-5 Business Statistics & Research Methods  – Click here for sample

Unit-6 Business Management & Human Resource Management  – Click here for sample

Unit-7 Banking & Financial Institution – Click here for sample

Unit-8 Marketing Management  – Click here for sample

Unit-9 Legal Aspects of Business – Click here for sample

Unit-10 Income Tax & Corporate Tax Planning  – Click here for sample

Exam Pattern

Exam Pattern

NTA UGC NET 2021 Exam Pattern
SessionPaperNumber of Questions (All are compulsory)MarksDuration
Single (No break between Paper 1 & Paper 2)I501003 Hours
Total 150300

Previous Years Papers

UGC NET Commerce Previous Year Papers with Answer Key

https://osnacademy.com/doc/Commerce Paper-II.pdf