Forwarded from Indian Economy by CA Dhananjay Ojha (🌟Civil Service Gurukul 🌟)
The linking pin model is an idea developed by Rensis Likert. It presents an organisation as a number of overlapping work units in which a member of a unit is the leader of another unit. In this scheme, the supervisor/manager has the dual task of maintaining unity and creating a sense of belonging within the group he or she supervises and of representing that group in meetings with superior and parallel management staff. These individuals are the linking pins within the organisation and so they become the focus of leadership development activities.
05 November 2020 Daily Answer Writing Practice- DAY 1 "Organisation Theory of UPSC Commerce Optional" Chapter -1 Nature of Organisation and Concept of Organisation: External Environment of Organisations,Techonological,Social ,Political ,Economical and Legal
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Civil Service Gurukul
Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 11 - Civil Service Gurukul
#Q.1) Describe the need and significance of Organisation -15 Marks #Q.2) Organisation is the human group deliberately and consciously created for the attainment of certain Read More ...
06 November 2020 Daily Answer Writing Practice- DAY 2 Organisation Theory of UPSC Commerce Optional "Organisation Goal
*Primary & Secondary Goals
* Management by Objectives"
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*Primary & Secondary Goals
* Management by Objectives"
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Civil Service Gurukul
Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 12 - Civil Service Gurukul
#Q.1) Organisation is not a single entity but a managed configuration of different parts- Discuss the relevance of the statement using the framework of Organisation structure Read More ...
07 November 2020 Daily Answer Writing Practice- DAY 3 Organisation Theory of UPSC Commerce Optional "Organisation Goal
*Primary & Secondary Goals
* Management by Objectives" https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-13/
*Primary & Secondary Goals
* Management by Objectives" https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-13/
Civil Service Gurukul
Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 13 - Civil Service Gurukul
Organisation Theory #Q.1) In order to exist sustain and grow, an organisation needs to have a pyramid of a set of Goals to be achieved by the Read More ...
Hybrid Fund
A hybrid fund is one that invests in both equity and bonds. So, such funds ought to help investors with their asset allocation decision.
This refers to how you allocate your annual savings between equity and bond investments.
Suppose you are unsure of the proportion of equity and bond investments to have in your portfolio.
By investing in a hybrid fund, you could outsource your asset allocation decision to the manager of the fund, so the argument goes.
The issue is that each goal you pursue requires different asset allocation. For instance, the asset allocation for your child's education portfolio must be different from your retirement portfolio.
Hybrid funds cannot consider your individual goal requirement as it is a collective investment vehicle.
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Tax efficiency of the fund
Based on current tax laws, a hybrid fund that holds 65% or more in equity is considered as an equity fund.
So, if you redeem your units in such hybrid funds after a holding period of more than 12 months, you have to pay long-term capital gains tax of 10%.
If a hybrid fund holds less than 65% in equity, you have to pay 20% capital gains tax with indexation if you sell your units after a holding period of more than 36 months.
A hybrid fund is one that invests in both equity and bonds. So, such funds ought to help investors with their asset allocation decision.
This refers to how you allocate your annual savings between equity and bond investments.
Suppose you are unsure of the proportion of equity and bond investments to have in your portfolio.
By investing in a hybrid fund, you could outsource your asset allocation decision to the manager of the fund, so the argument goes.
The issue is that each goal you pursue requires different asset allocation. For instance, the asset allocation for your child's education portfolio must be different from your retirement portfolio.
Hybrid funds cannot consider your individual goal requirement as it is a collective investment vehicle.
Join 🔜 @Commerceoptional
Also join @Commerce4ias
Tax efficiency of the fund
Based on current tax laws, a hybrid fund that holds 65% or more in equity is considered as an equity fund.
So, if you redeem your units in such hybrid funds after a holding period of more than 12 months, you have to pay long-term capital gains tax of 10%.
If a hybrid fund holds less than 65% in equity, you have to pay 20% capital gains tax with indexation if you sell your units after a holding period of more than 36 months.
Books and Sources for References - Commerce Optional | Civil Service Gurukul
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Join 🔜 @commerceoptional
09 November 2020 Daily Answer Writing Practice- DAY 5 Organisation Theory of UPSC Commerce Optional Evolution of Organisational throry:- Classical ,New Clasical and system approach.Modern Concepts of Organisation Theory https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-15/
Civil Service Gurukul
Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 15 - Civil Service Gurukul
#Q.1) Classical organisation structure inhibits productivity and is unable to accomodate the change.How behavioural model overcomes such objection to the classical organisation structure. #Q.2) Contribution of Read More ...
10 November 2020 Daily Answer Writing Practice- DAY 6 Organisation Theory of UPSC Commerce Optional Evolution of Organisational throry:- Classical ,New Clasical and system approach.Modern Concepts of Organisation Theory https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-16/
Civil Service Gurukul
Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 16 - Civil Service Gurukul
#Q.1) Do you consider that contingency approach to organisational analysis provides a more realistic tool than systems approach? Discuss #Q.2)Mention the assumption relating to humans Read More ...
11 November 2020 Daily Answer Writing Practice- DAY 7 Organisation Theory of UPSC Commerce Optional Organisation Design & Challenges in Organisational Design https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-17/
Civil Service Gurukul
Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 17 - Civil Service Gurukul
Organisation Theory- Organisational Design # Q.1) Write short notes on 1) Organisation Chart 2) Linking PIN Model.-10 Marks #Q.2) Organizational design is a step-by-step Read More ...
12 November 2020 Daily Answer Writing Practice- DAY 8 Organisation Theory of UPSC Commerce Optional Organisation Design & Challenges in Organisational Design https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-18/
Civil Service Gurukul
Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 18 - Civil Service Gurukul
Organisation Theory- Organisational Design # Q.1) Explain and distinguish between Vertical integration and Horizontal integration. Briefly describe the various types of each and the circumstances Read More ...
13 November 2020 Daily Answer Writing Practice- DAY 9 Organisation Theory of UPSC Commerce Optional Designing Organisational Structures https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-19/
14 November 2020 Daily Answer Writing Practice- DAY 10 Organisation Theory of UPSC Commerce Optional Designing Organisational Structures https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-20/