- UPTO 200 HOURS OF VIDEO COURSE (PAPER1 + PAPER 2)
- COVERING (UNIT 1- UNIT 10) IN BOTH PAPERS
- TEST SERIES INCLUDING 2000+ MCQs
- UNIT 1 – UNIT 10 NOTES (HARD COPY)
- PAPER 1 NOTES (HARD COPY)
The Ultimate Plan furnishes with the best UGC NET COMMERCE video classes plus test series. One can visualize up to 2000 questions in 200-hour video classes covering all important and essential topics and questionnaire of the UGC NET COMMERCE Paper 2 + Paper 1 exam. The Ultimate Plan comes with (Unit 1 to Unit 10 Paper 2) plus a simplified study material for Paper 1. A total of 11 helpful books.
- All the Key topics covered in the videos
- Video classes are conducted by skilled professors
- Videos are Easy to understand, Hassle-free retaining the collaborative mode in videos to enhance the preparation.
- Time saver.
- Simplified answers for 2000 questions
- High audio and video quality
- Unit 1 to Unit 10 Paper 2 + study material for Paper 1 (All in Hard material form)
UGC NET 2021 Commerce Syllabus
UGC NET Paper 1 syllabus
Unit-I Teaching Aptitude
- Teaching: Concept, Objectives, Levels of teaching (Memory, Understanding and Reflective), Characteristics and basic requirements.
- Learner’s characteristics: Characteristics of adolescent and adult learners (Academic, Social, Emotional and Cognitive), Individual differences.
- Factors affecting teaching related to: Teacher, Learner, Support material, Instructional facilities, Learning environment and Institution.
- Methods of teaching in Institutions of higher learning: Teacher centred vs. Learner centred methods; Off-line vs. On-line methods (Swayam, Swayamprabha, MOOCs etc.).
- Teaching Support System: Traditional, Modern and ICT based.
- Evaluation Systems: Elements and Types of evaluation, Evaluation in Choice Based Credit System in Higher education, Computer based testing, Innovations in evaluation systems.
Unit-II Research Aptitude
- Research: Meaning, Types, and Characteristics, Positivism and Postpositivistic approach to research.
- Methods of Research: Experimental, Descriptive, Historical, Qualitative and Quantitative methods.
- Steps of Research.
- Thesis and Article writing: Format and styles of referencing
- Application of ICT in research.
- Research ethics.
- A passage of text is given. Questions are asked from the passage to be answered.
- Communication: Meaning, types, and characteristics of communication.
- Effective communication: Verbal and Non-verbal, Inter-Cultural and group communications, Classroom communication.
- Barriers to effective communication.
- Mass-Media and Society.
Unit-V Mathematical Reasoning and Aptitude
- Types of reasoning
- Number series, Letter series, Codes, and Relationships.
- Mathematical Aptitude (Fraction, Time & Distance, Ratio, Proportion and Percentage, Profit and Loss, Interest and Discounting, Averages, etc.).
Unit-VI Logical Reasoning
- Understanding the structure of arguments: argument forms, structure of categorical propositions, Mood and Figure, Formal and Informal fallacies, Uses of language, Connotations and denotations of terms, Classical square of opposition.
- Evaluating and distinguishing deductive and inductive reasoning.
- Venn diagram: Simple and multiple uses for establishing the validity of arguments.
- Indian Logic: Means of knowledge.
- Pramanas: Pratyaksha (Perception), Anumana (Inference), Upamana (Comparison), Shabda (Verbal testimony), Arthapatti (Implication), and Anupalabddhi (Non-apprehension).
- Structure and kinds of Anumana (inference), Vyapti (invariable relation), Hetvabhasas (fallacies of inference).
Unit-VII Data Interpretation
- Sources, acquisition and classification of Data.
- Quantitative and Qualitative Data.
- Graphical representation (Bar-chart, Histograms, Pie-chart, Table-chart and Line-chart) and mapping of Data.
- Data Interpretation.
- Data and Governance.
Unit-VIII Information and Communication Technology (ICT)
- ICT: General abbreviations and terminology.
- Basics of Internet, Intranet, E-mail, Audio and Video-conferencing.
- Digital initiatives in higher education.
- ICT and Governance.
Unit-IX People, Development and Environment
- Development and environment: Millennium development and Sustainable development goals.
- Human and environment interaction: Anthropogenic activities and their impacts on the environment.
- Environmental issues: Local, Regional and Global; Air pollution, Water pollution, Soil pollution, Noise pollution, Waste (solid, liquid, biomedical, hazardous, electronic), Climate change and its Socio-Economic and Political dimensions.
- Impacts of pollutants on human health.
- Natural and energy resources: Solar, Wind, Soil, Hydro, Geothermal, Biomass, Nuclear, and Forests.
- Natural hazards and disasters: Mitigation strategies.
- Environmental Protection Act (1986), National Action Plan on Climate Change, International agreements/efforts -Montreal Protocol, Rio Summit, Convention on Biodiversity, Kyoto Protocol, Paris Agreement, International Solar Alliance.
Unit-X Higher Education System
- Institutions of higher learning and education in ancient India.
- Evolution of higher learning and research in Post Independence India.
- Oriental, Conventional and Non-conventional learning programmes in India.
- Professional, Technical, and Skill-Based education.
- Value education and environmental education.
- Policies, Governance, and Administration.
NOTE: (i) Five questions each carrying 2 marks are to be set from each Module. (ii) Whenever graphical/pictorial question(s) are set for sighted candidates, a passage followed by an equal number of questions and weightage be set for visually impaired candidates.
UGC NET 2021 Commerce Syllabus
Unit 1: Business Environment and International Business
|S. No||Business Environment and International Business Chapters|
|1||Concepts 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)|
|2||Scope and importance of international business; Globalization and its drivers; Modes of entry into international business|
|3||Theories of International Trade; Government intervention in international trade; Tariff and non-tariff barriers; India’s foreign trade policy|
|4||Foreign 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|
|5||Balance of payments (BOP): Importance and components of BOP|
|6||Regional Economic Integration: Levels of Regional Economic Integration; Tradecreation and diversion effects; Regional Trade Agreements: European Union (EU),ASEAN, SAARC, NAFTA|
|7||International Economic institutions: IMF, World Bank, UNCTAD|
|8||World Trade Organisation (WTO): Functions and objectives of WTO; AgricultureAgreement; GATS; TRIPS; TRIMS|
Unit 2: Accounting and Auditing
|S. No||Accounting and Auditing Chapters|
|1||Basic accounting principles; concepts and postulates|
|2||Partnership Accounts: Admission, Retirement, Death, Dissolution and Insolvency ofpartnership firms|
|3||Corporate Accounting: Issue, forfeiture and reissue of shares; Liquidation of companies; Acquisition, merger, amalgamation and reconstruction of companies|
|4||Holding company accounts|
|5||Cost 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|
|6||Financial Statements Analysis: Ratio analysis; Funds flow Analysis; Cash flow analysis|
|7||Human Resources Accounting; Inflation Accounting; Environmental Accounting|
|8||Indian Accounting Standards and IFRS|
|9||Auditing: Independent financial audit; Vouching; Verification ad valuation of assetsand liabilities; Audit of financial statements and audit report; Cost audit|
|10||Recent Trends in Auditing: Management audit; Energy audit; Environment audit;Systems audit; Safety audit|
Unit 3: Business Economics
|S. No||Business Economics Chapters|
|1||Meaning and scope of business economics|
|2||Objectives of business firms|
|3||Demand analysis: Law of demand; Elasticity of demand and its measurement;Relationship between AR and MR|
|4||Consumer behavior: Utility analysis; Indifference curve analysis|
|5||Law of Variable Proportions: Law of Returns to Scale|
|6||Theory of cost: Short-run and long-run cost curves|
|7||Price determination under different market forms: Perfect competition; Monopolistic competition; Oligopoly- Price leadership model; Monopoly; Price discrimination|
|8||Pricing strategies: Price skimming; Price penetration; Peak load pricing|
Unit 4: Business Finance
|S. No||Business Finance Chapters|
|1||Scope and sources of finance; Lease financing|
|2||Cost of capital and time value of money|
|4||Capital budgeting decisions: Conventional and scientific techniques of capitalbudgeting analysis|
|5||Working capital management; Dividend decision: Theories and policies|
|6||Risk and return analysis; Asset securitization|
|7||International monetary system|
|8||Foreign exchange market; Exchange rate risk and hedging techniques|
|9||International financial markets and instruments: Euro currency; GDRs; ADRs|
|10||International arbitrage; Multinational capital budgeting|
Unit 5: Business Statistics and Research Methods
|S. No||Business Statistics and Research Methods Chapters|
|1||Measures of central tendency|
|2||Measures of dispersion|
|3||Measures of skewness|
|4||Correlation and regression of two variables|
|5||Probability: Approaches to probability; Bayes’ theorem|
|6||Probability distributions: Binomial, poisson and normal distributions|
|7||Research: Concept and types; Research designs|
|8||Data: Collection and classification of data|
|9||Sampling and estimation: Concepts; Methods of sampling – probability and nonprobability methods; Sampling distribution; Central limit theorem; Standard error; Statistical estimation|
|10||Hypothesis testing: z-test; t-test; ANOVA; Chi–square test; Mann-Whitney test (Utest); Kruskal-Wallis test (H-test); Rank correlation test|
Unit 6: Business Management and Human Resource Management Methods
|S. No||Business Management and Human Resource Management Chapters|
|1||Principles and functions of management|
|2||Organization structure: Formal and informal organizations; Span of control|
|3||Responsibility and authority: Delegation of authority and decentralization|
|4||Motivation and leadership: Concept and theories|
|5||Corporate governance and business ethics|
|6||Human resource management: Concept, role and functions of HRM; Human resource planning; Recruitment and selection; Training and development; Succession planning|
|7||Compensation management: Job evaluation; Incentives and fringe benefits|
|8||Performance appraisal including 360-degree performance appraisal|
|9||Collective bargaining and workers’ participation in management|
|10||Personality: Perception; Attitudes; Emotions; Group dynamics; Power and politics;Conflict and negotiation; Stress management|
|11||Organizational Culture: Organizational development and organizational change|
Unit 7: Banking and Financial Institutions
|S. No||Banking and Financial Institutions Chapters|
|1||Overview of Indian financial system|
|2||Types of banks: Commercial banks; Regional Rural Banks (RRBs); Foreign banks; Cooperative banks|
|3||Reserve Bank of India: Functions; Role and monetary policy management|
|4||Banking sector reforms in India: Basel norms; Risk management; NPA management|
|5||Financial markets: Money market; Capital market; Government securities market|
|6||Financial Institutions: Development Finance Institutions (DFIs); Non-BankingFinancial Companies (NBFCs); Mutual Funds; Pension Funds|
|7||Financial Regulators in India|
|8||Financial sector reforms including financial inclusion|
|9||Digitisation of banking and other financial services: Internet banking; mobile banking; Digital payments systems|
|10||Insurance: 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. No||Marketing Management Chapters|
|1||Marketing: Concept and approaches; Marketing channels; Marketing mix; Strategicmarketing planning; Market segmentation, targeting and positioning|
|2||Product decisions: Concept; Product line; Product mix decisions; Product life cycle;New product development|
|3||Pricing decisions: Factors affecting price determination; Pricing policies andstrategies|
|4||Promotion decisions: Role of promotion in marketing; Promotion methods -Advertising; Personal selling; Publicity; Sales promotion tools and techniques;Promotion mix|
|5||Distribution decisions: Channels of distribution; Channel management|
|6||Consumer Behaviour; Consumer buying process; factors influencing consumerbuying decisions|
|8||Trends in marketing: Social marketing; Online marketing; Green marketing; Directmarketing; Rural marketing; CRM|
Unit 9: Legal Aspects of Business
|S. No||Legal Aspects of Business Chapters|
|1||Indian 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;|
|2||Special contracts: Contracts of indemnity and guarantee; contracts of bailment andpledge; Contracts of agency|
|3||Sale of Goods Act, 1930: Sale and agreement to sell; Doctrine of Caveat Emptor; Rights of unpaid seller and rights of buyer|
|4||Negotiable Instruments Act, 1881: Types of negotiable instruments; Negotiation andassignment; Dishonour and discharge of negotiable instruments|
|5||The Companies Act, 2013: Nature and kinds of companies; Company formation;Management, meetings and winding up of a joint stock company|
|6||Limited Liability Partnership: Structure and procedure of formation of LLP in India|
|7||The Competition Act, 2002: Objectives and main provisions|
|8||The Information Technology Act, 2000: Objectives and main provisions; Cybercrimes and penalties|
|9||The RTI Act, 2005: Objectives and main provisions|
|10||Intellectual Property Rights (IPRs): Patents, trademarks and copyrights; Emergingissues in intellectual property|
|11||Goods 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. No||Income-tax and Corporate Tax Planning Chapters|
|1||Income-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|
|2||International Taxation: Double taxation and its avoidance mechanism; Transferpricing|
|3||Corporate 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|
|4||Deduction 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
|NTA UGC NET 2021 Exam Pattern|
|Session||Paper||Number of Questions (All are compulsory)||Marks||Duration|
|Single (No break between Paper 1 & Paper 2)||I||50||100||3 Hours|