UGC NET Commerce PDF Notes | Study Material | Paper 2

UGC NET Commerce eBooks / PDF Notes

Free study material and PDF notes for NTA UGC NET Commerce Paper 2 aspirants who preparing for the UGC NET Exam. Here are the top 10 lists for UGC NET commerce as per latest syllabus and pattern with Previous years question papers and MCQs.

Hello students, welcome to Easy Notes 4U Academy. Today we are going to provide you with some important pdf notes or ebooks, Mock tests and study material for the Paper 2 UGC NET Commerce Exam. All UGC net commerce pdf notes or ebooks & Study Material are prepared as per the latest syllabus and pattern of UGC NET. All commerce noteshaveg MCQs and Mock Test at the end of each unit with theoretical concepts. So you don’t need to worry about your upcoming exam of NTA UGC NET Commerce Paper 2.

The units-wise pdf notes or ebooks & Study Material for NTA UGC NET Commerce Exam Given Below:

Unit 1: Business Environment and International Business – Paper 2 UGC NET Commerce

Unit 2: Accounting and Auditing

Unit 3: Business Economics

Unit 4: Business Finance

Unit 5: Business Statistics & Research Methods

Unit 6: Business Management & Human Resource Management

Unit 7: Banking & Financial Institutions

Unit 8: Marketing Management

Unit 9: Legal Aspects of Business

Unit 10: Income Tax & Corporate Tax Planning

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NTA UGC NET Paper 2 Commerce Printed Notes / Book

If you are certain that you want to pass the exam, you must first review the UGC NET Eligibility Criteria to see if you are qualified to apply for the Commerce exam or not. You must be curious about the determining factors and that’s quite normal. Let’s take a look:

Educational Qualification for Commerce NET Exam

• A student has to complete his or her Post-Graduation in Commerce, Finance, Economics, Business Services, Accountancy or another equivalent subject.
• The candidates belonging to General Category have to secure 55% in commerce or equivalent subject and for ST/SC/OBC/PWD/Transgenders the percentage criteria are 50%.

UGC NET Commerce Exam Age Limit 2021

• For JRF – 30 Years for General Category & Up to 5 Years of Age Relaxation in Other Categories.
• For Lectureship – No Upper Age Limit for NET Exam 2021 Commerce

UGC NET Commerce Exam Pattern

Check out the table below for a quick overview of the NTA NET Commerce paper pattern Mock Test:

UGC Syllabus for Commerce 2021 Exam

For your upcoming exam, you must go through the UGC NET Syllabus for Commerce. Don’t miss out on anything.

How to Prepare or crack NTA UGC NET Commerce Paper 2 Exam with MCQs & Mock Test

Tricks and Tips by Dr. Gaurav Jangra

NTA UGC NET Commerce Paper 2 Unit-wise Syllabus

Here is the UGC NET Commerce Exam Syllabus with Mock Test and MCQs for Paper 2-

• Unit 1: Business Environment and International Business
• Unit 2: Accounting and Auditing
• Unit 3: Business Economics
• Unit 4: Business Finance
• Unit 5: Business Statistics and Research Methods
• Unit 6: Business Management and Human Resource Management
• Unit 7: Banking and Financial Institutions
• Unit 8: Marketing Management
• Unit 9: Legal Aspects of Business
• Unit 10: NET Commerce Income-tax and Corporate Tax Planning

Unit 1: Business Environment and International Business

• Concepts and elements of business environment: Economic environment- Economic systems, 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)
• Scope and importance of international business; Globalization and its drivers; Modes of entry into international business
• Theories of international trade; Government intervention in international trade; Tariff and non-tariff barriers; India’s foreign trade policy
• Foreign direct investment (FDI) and Foreign portfolio investment (FPI); Types of FDI, Costs, and benefits of FDI to home and host countries; Trends in FDI; India’s FDI policy
• Balance of payments (BOP): Importance and components of the BOP
• Regional Economic Integration: Levels of Regional Economic Integration; Trade creation and diversion effects; Regional Trade Agreements: European Union (EU), ASEAN, SAARC, NAFTA
• International Economic Institutions: IMF, World Bank, UNCTAD
• World Trade Organisation (WTO): Functions and objectives of WTO; Agriculture Agreement; GATS; TRIPS; TRIMS

Unit 2: Accounting and Auditing

• Basic accounting principles; concepts and postulates
• Partnership Accounts: Admission, Retirement, Death, Dissolution, and Insolvency of partnership firms
• Corporate Accounting: Issue, forfeiture, and reissue of shares; Liquidation of companies; Acquisition, merger, amalgamation, and reconstruction of companies
• Holding company accounts
• 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
• Financial Statements Analysis: Ratio analysis; Funds flow Analysis; Cash flow analysis
• Human Resources Accounting; Inflation Accounting; Environmental Accounting
• Indian Accounting Standards and IFRS
• Auditing: Independent financial audit; Vouching; Verification ad valuation of assets and liabilities; Audit of financial statements and audit report; Cost audit
• Recent Trends in Auditing: Management audit; Energy audit; Environment audit; Systems audit; Safety audit. Paper 2 Commerce Notes

Unit 3: Business Economics

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

Unit 4: Business Finance

• Scope and sources of finance; Lease financing
• Cost of capital and time value of money
• Capital structure
• Capital budgeting decisions: Conventional and scientific techniques of capital budgeting analysis
• Working capital management; Dividend decision: Theories and policies
• Risk and return analysis; Asset securitization
• International monetary system
• Foreign exchange market; Exchange rate risk and hedging techniques
• International financial markets and instruments: Euro currency; GDRs; ADRs
• International arbitrage; Multinational capital budgeting

Unit 5: Business Statistics and Research Methods

• Measures of central tendency
• Measures of dispersion
• Measures of skewness
• Correlation and regression of two variables
• Probability: Approaches to probability; Bayes’ theorem
• Probability distributions: Binomial, Poisson and normal distributions
• Research: Concept and types; Research designs
• Data: Collection and classification of data
• Sampling and estimation: Concepts; Methods of sampling – probability and non-probability methods; Sampling distribution; Central limit theorem; Standard error; Statistical estimation
• Hypothesis testing: z-test; t-test; ANOVA; Chi-square test; Mann-Whitney test (U-test); Kruskal-Wallis test (H-test); Rank correlation test
• Report writing – Paper 2 Commerce Notes

Unit 6: Business Management and Human Resource Management

• Principles and functions of management
• Organization structure: Formal and informal organizations; Span of control
• Responsibility and authority: Delegation of authority and decentralization
• Motivation and leadership: Concept and theories
• Corporate governance and business ethics
• Human resource management: Concept, role, and functions of HRM; Human resource planning; recruitment and selection; Training and development; Succession planning
• Compensation management: Job evaluation; Incentives and fringe benefits
• Performance appraisal including 360-degree performance appraisal
• Collective bargaining and workers’ participation in management
• Personality: Perception; Attitudes; Emotions; Group dynamics; Power and politics; Conflict and negotiation; Stress management
• Organizational Culture: Organizational development and organizational change

Unit 7: Banking and Financial Institutions

• Overview of the Indian financial system
• Types of banks: Commercial banks; Regional Rural Banks (RRBs); Foreign banks; Cooperative banks
• Reserve Bank of India: Functions; Role and monetary policy management
• Banking sector reforms in India: Basel norms; Risk management; NPA management
• Financial markets: Money market; Capital market; Government securities market
• Financial Institutions: Development Finance Institutions (DFIs); Non-Banking Financial Companies (NBFCs); Mutual Funds; Pension Funds
• Financial Regulators in India. Mock Test
• Financial sector reforms including financial inclusion
• Digitization of banking and other financial services: Internet banking; mobile banking; Digital payments systems
• Insurance: Types of insurance- Life and Non-life insurance; Risk classification and management; Factors limiting the insurability of risk; Re-insurance; Regulatory framework of insurance- IRDA and its role

Unit 8: Marketing Management

• Marketing: Concept and approaches; Marketing channels; Marketing mix; Strategic marketing planning; Market segmentation, targeting, and positioning
• Product decisions: Concept; Product line; Product mix decisions; Product life cycle; New product development
• Pricing decisions: Factors affecting price determination; Pricing policies and strategies
• Promotion decisions: Role of promotion in marketing; Promotion methods – Advertising; Personal selling; Publicity; Sales promotion tools and techniques; Promotion mix
• Distribution decisions: Channels of distribution; Channel management
• Consumer Behaviour; Consumer buying process; factors influencing consumer buying decisions
• Service marketing
• Trends in marketing: Social marketing; Online marketing; Green marketing; Direct marketing; Rural marketing; CRM
• Logistics management

Unit 9: Legal Aspects of Business

• Indian Contract Act, 1872: Elements of a valid contract; Capacity of parties; Free consent; Discharge of a contract; Breach of contract and remedies against breach; Quasi-contracts;
• Special contracts: Contracts of indemnity and guarantee; contracts of bailment and pledge; Contracts of agency
• Sale of Goods Act, 1930: Sale and agreement to sell; Doctrine of Caveat Emptor; Rights of unpaid seller and rights of the buyer
• Negotiable Instruments Act, 1881: Types of negotiable instruments; Negotiation and assignment; Dishonour and discharge of negotiable instruments
• The Companies Act, 2013: Nature and kinds of companies; Company formation; Management, meetings and winding up of a joint-stock company. Mock Test
• Limited Liability Partnership: Structure and procedure of formation of LLP in India
• The Competition Act, 2002: Objectives and main provisions
• The Information Technology Act, 2000: Objectives and main provisions; Cybercrimes and penalties
• The RTI Act, 2005: Objectives and main provisions
• Intellectual Property Rights (IPRs): Patents, trademarks, and copyrights; Emerging issues in intellectual property
• Goods and Services Tax (GST): Objectives and main provisions; Benefits of GST; Implementation mechanism; Working of dual GST. Paper 2 Commerce Notes

Unit 10: NET Commerce Income-tax and Corporate Tax Planning

• 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. UGC NET Commerce Study Material
• International Taxation: Double taxation and its avoidance mechanism; Transfer pricing
• 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 an asset; Retain; Renewal or replacement of asset; Shut down or continue operations. Mock Test
• Deduction and collection of tax at source; Advance payment of tax; E-filing of income tax returns