INTRODUCTION TO FINANCE :

( Key points to remember and boost your marks in battle field )

# Finance is lifeblood of a business organisation.

# Every business entity needs finance to run its business activity.

# According to khan & jain , " Finance is the art and science of managing money ."

# The concept of finance includes , capital , investment , fund etc.

# Financial management is an integral part of overall management.

# FM deals with :
Procurement of fund.
Effective utilisation of fund.

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SCOPE OF FINANCIAL MANAGEMENT:-

Today's era financial management is essential for the development or profit maximisation of a firm .

Financial management has multi dimensional role.

# FM & ECONOMICS

# FM & ACCOUNTING

# FM & MATHEMATICS

# FM & PRODUCTION MANAGEMENT

# FM & MARKETING

# FM & HUMAN RESOURCES .

Use these point and its explanation to reflect a better answer.

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India has ratified 6 out of 8 core ILO conventions. These are:

-Forced Labour Convention (No. 29)

-Abolition of Forced Labour Convention (No.105)

-Equal Remuneration Convention (No.100)

-Discrimination (Employment Occupation) Convention (No.111)

-Minimum Age Convention (No.138)

-Worst forms of Child Labour Convention (No.182)

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India is yet to ratify Freedom of Association and Protection of Right to Organised Convention (No.87) and Right to Organise and Collective Bargaining Convention (No.98).

👆🏻Current affairs for Commerce Optional Paper 2 Industrial relations.😀

OBJECTIVE OF FINANCIAL MANAGEMENT..

Questions of the Day for Commerce Optional.

Q.) Discuss critically the measure of prevention and settlement of Industrial Disputes. What will you recommend for the promotion of greater harmony
between labour and management- 20 Marks.

Aspirants are advised to practice questions and send image in @commerce4ias ( Commerce Optional group).

Faculty will evaluate answer within 24 hours in free of cost.

How to start preparing upsc commerce optional??

1 . Read syllabus .
You may download from upsc official website.

2 . Analyse pyq of past 4-5 years and understand trend .

This is available at civil services gurukul website.

3 . Collect material or join any classes , if you need .

4 . Attempt test series.

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Current affairs Questions on Industrial relation

Q.)Do you agree to the fact that Industrial Disputes Act does not produce winners, only losers? Justify your opinion with suitable backing.(250 words)

Join Soon for UPSC Commerce optional Updates @commerceoptional
Regards
CA Dhananjay Ojha
@cadhananjay

For above questions, students can take reference of below given material

👆 Batch No 39 Test Series Schedule. We will start NEW batch from tomorrow.

Today Question by Civil Service Gurukul

Topic – Industrial relation


#Q.1) Define the term of Industrial relations and Discuss the determinants of Good Industrial relations.- 15 Marks

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#Q.2) Discuss the emerging scenario of industrial relations in the of era liberalisation and globalisation of Indian economy.



#Q.3) Industrial Relations in India is a dynamic and evolving concept.” Explain it and suggest measures for improving industrial relations in public enterprises.-15 Marks

Daily Answer Writing Practice- DAY -101 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-101/
Daily Answer Writing Practice- DAY -102 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-102/
Daily Answer Writing Practice- DAY -103 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-103/
Daily Answer Writing Practice- DAY -104 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-104/
Daily Answer Writing Practice- DAY -105 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-105/
Daily Answer Writing Practice- DAY -106 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-106/
Daily Answer Writing Practice- DAY -107 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-107/
Daily Answer Writing Practice- DAY -108 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-108/
Daily Answer Writing Practice- DAY -109 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-109/
Daily Answer Writing Practice- DAY -110 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-110/
Daily Answer Writing Practice- DAY -111 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-111/
Daily Answer Writing Practice- DAY -112 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-112/
Daily Answer Writing Practice- DAY -113 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-113/
Daily Answer Writing Practice- DAY -114 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-114/
Daily Answer Writing Practice- DAY -115 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-115/
Daily Answer Writing Practice- DAY -116 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-116/
Daily Answer Writing Practice- DAY -117 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-117/
Daily Answer Writing Practice- DAY -118 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-118/

Daily Answer Writing Practice- DAY -119 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-119/
Daily Answer Writing Practice- DAY -120 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-120/
Daily Answer Writing Practice- DAY -121 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-121/