✅Join paid group for answer sheet evaluation of Commerce Optional UPSC (IAS) mains 2019.
Contact at @cadhananjay
Contact at @cadhananjay
Paper 1 : Financial markets & institutions
1) Discuss the Risks associated with variation between loan maturities and liability maturities of commercial banks and minimization of these risks without affecting profitability.-15 Marks
1) Discuss the Risks associated with variation between loan maturities and liability maturities of commercial banks and minimization of these risks without affecting profitability.-15 Marks
2) Discuss in brief the techniques of asset liability management in a commercial bank.-15 Marks
3) Examine various measures taken by SEBI for the development of Foreign Institutional Investors and Venture Capitalists-15 Marks
4) What are the various insurance sector reforms that have taken place in India during the period of liberalization? –15 marks
Forwarded from Civil Service Gurukul
माना हालात प्रतिकूल हैं, रास्तों पर बिछे शूल हैं
रिश्तों पे जम गई धूल है
पर तू खुद अपना अवरोध न बन
तू उठ…… खुद अपनी राह बना………………………..
माना सूरज अँधेरे में खो गया है……
पर रात अभी हुई नहीं, यह तो प्रभात की बेला है
तेरे संग है उम्मीदें, किसने कहा तू अकेला है
तू खुद अपना विहान बन, तू खुद अपना विधान बन………………………..
सत्य की जीत हीं तेरा लक्ष्य हो
अपने मन का धीरज, तू कभी न खो
रण छोड़ने वाले होते हैं कायर
तू तो परमवीर है, तू युद्ध कर – तू युद्ध कर………………………..
इस युद्ध भूमि पर, तू अपनी विजयगाथा लिख
जीतकर के ये जंग, तू बन जा वीर अमिट
तू खुद सर्व समर्थ है, वीरता से जीने का हीं कुछ अर्थ है
तू युद्ध कर – बस युद्ध कर………………………..
Join🔜 @economyupsc
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रिश्तों पे जम गई धूल है
पर तू खुद अपना अवरोध न बन
तू उठ…… खुद अपनी राह बना………………………..
माना सूरज अँधेरे में खो गया है……
पर रात अभी हुई नहीं, यह तो प्रभात की बेला है
तेरे संग है उम्मीदें, किसने कहा तू अकेला है
तू खुद अपना विहान बन, तू खुद अपना विधान बन………………………..
सत्य की जीत हीं तेरा लक्ष्य हो
अपने मन का धीरज, तू कभी न खो
रण छोड़ने वाले होते हैं कायर
तू तो परमवीर है, तू युद्ध कर – तू युद्ध कर………………………..
इस युद्ध भूमि पर, तू अपनी विजयगाथा लिख
जीतकर के ये जंग, तू बन जा वीर अमिट
तू खुद सर्व समर्थ है, वीरता से जीने का हीं कुछ अर्थ है
तू युद्ध कर – बस युद्ध कर………………………..
Join🔜 @economyupsc
Also join @civilservicegurukul
[pib] Amendment to the Trade Unions Act, 1926 to make provisions regarding Recognition of Trade Unions
Mains Paper 2: Polity | Mechanisms, laws, institutions and Bodies constituted for the protection and betterment of these vulnerable sections
From UPSC perspective, the following things are important:
Prelims level: Trade Unions Act, 1926
Mains level: Labour related legislation in India
News
The Union Cabinet has approved Amendment to the Trade Unions Act, 1926 to make provisions regarding Recognition of Trade Unions.
What Amendments brings in?
The proposed Bill will ensure that the nomination of workers’ representatives in tripartite bodies by the government will become more transparent.
Trade Unions so recognized would be accountable in maintaining industrial harmony.
Recognition of Trade Unions at Central/State level would reduce duplicacy of such exercise by different departments. Recognized Trade Unions may be assigned specific roles at Central or State level.
Benefits of the Amendments
The approval will facilitate:
Recognition of Trade Unions at Central and State level;
Ensure true representation of workers in the tripartite bodies;
Check on the arbitrary nomination of workers’ representatives by the Government
Reduce litigations and industrial unrest
Indian Trade Unions Act, 1926
The legislation regulating the trade unions is the Indian Trade Unions Act, 1926.
The Act deals with the registration of trade unions, their rights, their liabilities and responsibilities as well as ensures that their funds are utilized properly.
It gives legal and corporate status to the registered trade unions.
It also seeks to protect them from civil or criminal prosecution so that they could carry on their legitimate activities for the benefit of the working class.
The Act is applicable not only to the union of workers but also to the association of employers and extends to whole of India.
Also, certain Acts, namely, the Societies Registration Act, 1860; the Co-operative Societies Act, 1912; and the Companies Act, 1956 shall not apply to any registered trade union, and that the registration of any such trade union under any such Act shall be void.
Trade Unions in India
The credit for the first association of Indian workers is generally given to the Bombay Mill-Hands Association founded by N.M. Lokhande in 1890.
This was in the period just after the passing of the ‘First’ Factories Act in 1881 by the British Government of the time.
The following years saw the formation of several labour associations and unions.
The first clearly registered trade-union is considered to be the Madras Labour Union founded by B.P. Wadia in 1918.
Join🔜 @economyupsc
Also join @civilservicegurukul
Mains Paper 2: Polity | Mechanisms, laws, institutions and Bodies constituted for the protection and betterment of these vulnerable sections
From UPSC perspective, the following things are important:
Prelims level: Trade Unions Act, 1926
Mains level: Labour related legislation in India
News
The Union Cabinet has approved Amendment to the Trade Unions Act, 1926 to make provisions regarding Recognition of Trade Unions.
What Amendments brings in?
The proposed Bill will ensure that the nomination of workers’ representatives in tripartite bodies by the government will become more transparent.
Trade Unions so recognized would be accountable in maintaining industrial harmony.
Recognition of Trade Unions at Central/State level would reduce duplicacy of such exercise by different departments. Recognized Trade Unions may be assigned specific roles at Central or State level.
Benefits of the Amendments
The approval will facilitate:
Recognition of Trade Unions at Central and State level;
Ensure true representation of workers in the tripartite bodies;
Check on the arbitrary nomination of workers’ representatives by the Government
Reduce litigations and industrial unrest
Indian Trade Unions Act, 1926
The legislation regulating the trade unions is the Indian Trade Unions Act, 1926.
The Act deals with the registration of trade unions, their rights, their liabilities and responsibilities as well as ensures that their funds are utilized properly.
It gives legal and corporate status to the registered trade unions.
It also seeks to protect them from civil or criminal prosecution so that they could carry on their legitimate activities for the benefit of the working class.
The Act is applicable not only to the union of workers but also to the association of employers and extends to whole of India.
Also, certain Acts, namely, the Societies Registration Act, 1860; the Co-operative Societies Act, 1912; and the Companies Act, 1956 shall not apply to any registered trade union, and that the registration of any such trade union under any such Act shall be void.
Trade Unions in India
The credit for the first association of Indian workers is generally given to the Bombay Mill-Hands Association founded by N.M. Lokhande in 1890.
This was in the period just after the passing of the ‘First’ Factories Act in 1881 by the British Government of the time.
The following years saw the formation of several labour associations and unions.
The first clearly registered trade-union is considered to be the Madras Labour Union founded by B.P. Wadia in 1918.
Join🔜 @economyupsc
Also join @civilservicegurukul
👆Currents affairs for commerce optional mains 2019.
Join 🔜 @commerceoptional
Join 🔜 @commerceoptional
Definitions of HRM
Human resources management (HRM) is a management function concerned with hiring, motivating and maintaining people in an organization. It focuses on people in organizations.
Human resource management is designing management systems to ensure that human talent is used effectively and efficiently to accomplish organizational goals.
HRM is the personnel function which is concerned with procurement, development, compensation, integration and maintenance of the personnel of an organization for the purpose of contributing towards the accomplishments of the organization's objectives.
Therefore, personnel management is the planning, organizing, directing, and controlling of the performance of those operative functions (Edward B. Philippo).
According to the Ivancevich and Glueck, ―HRM is concerned with the most effective use of people to achieve organizational and individual goals. It is the way of managing people at work, so that they give their best to the organization.
Human resources management (HRM) is a management function concerned with hiring, motivating and maintaining people in an organization. It focuses on people in organizations.
Human resource management is designing management systems to ensure that human talent is used effectively and efficiently to accomplish organizational goals.
HRM is the personnel function which is concerned with procurement, development, compensation, integration and maintenance of the personnel of an organization for the purpose of contributing towards the accomplishments of the organization's objectives.
Therefore, personnel management is the planning, organizing, directing, and controlling of the performance of those operative functions (Edward B. Philippo).
According to the Ivancevich and Glueck, ―HRM is concerned with the most effective use of people to achieve organizational and individual goals. It is the way of managing people at work, so that they give their best to the organization.
Nature of HRM
HRM is a management function that helps managers to recruit, select, train and develop members for an organization. HRM is concerned with people ‘s dimension in organizations.
The following constitute the core of HRM
1. HRM Involves the Application of Management Functions and Principles. The functions and principles are applied to acquiring, developing, maintaining and providing remuneration to employees.
2.Decision Relating to Employees must be Integrated. Decisions on different aspects of employees must be consistent with other human resource (HR).
3.Decisions Made Influence the Effectiveness of an Organization. Effectiveness of an organization will result in betterment of services to customers in the form of high quality products supplied at reasonable cost.
4.HRM Functions are not Confined to Business Establishments Only but applicable to non business organizations such as education, health care, recreation and like. HRM refers to a set of programmes, functions and activities designed and carried out in order to maximize both employee as well as organizational.
HRM is a management function that helps managers to recruit, select, train and develop members for an organization. HRM is concerned with people ‘s dimension in organizations.
The following constitute the core of HRM
1. HRM Involves the Application of Management Functions and Principles. The functions and principles are applied to acquiring, developing, maintaining and providing remuneration to employees.
2.Decision Relating to Employees must be Integrated. Decisions on different aspects of employees must be consistent with other human resource (HR).
3.Decisions Made Influence the Effectiveness of an Organization. Effectiveness of an organization will result in betterment of services to customers in the form of high quality products supplied at reasonable cost.
4.HRM Functions are not Confined to Business Establishments Only but applicable to non business organizations such as education, health care, recreation and like. HRM refers to a set of programmes, functions and activities designed and carried out in order to maximize both employee as well as organizational.
Scope of Human Resource Management:-
The scope of Human Resource Management refers to all the activities that come under the banner of Human Resource Management. These activities are as follows.
(a) Human resources planning :- Human resource planning or Human Resource Planning refers to a process by which the company to identify the number of jobs vacant, whether the company has excess staff or shortage of staff and to deal with this excess or shortage.
(b)Job analysis design :- Another important area of Human Resource Management is job analysis. Job analysis gives a detailed explanation about each and every job in the company.
(c) Recruitment and selection :- Based on information collected from job analysis the company prepares advertisements and publishes them in the newspapers. This is recruitment. A number of applications are received after the advertisement is published, interviews are conducted and the right employee is selected thus recruitment and selection are yet another important area of Human Resource Management.
(d) Orientation and induction :- Once the employees have been selected an induction or orientation program is conducted. This is another important area of Human Resource Management. The employees are informed about the background of the company, explain about the organizational culture and values and work ethics and introduce to the other employees.
(e)Training and development :- Every employee goes under training program which helps him to put up a better performance on the job. Training program is also conducted for existing staff that have a lot of experience. This is called refresher training. Training and development is one area where the company spends a huge amount.
(d) Performance appraisal :- Once the employee has put in around 1 year of service, performance appraisal is conducted that is the Human Resource department checks the performance of the employee. Based on these appraisal future promotions, incentives, increments in salary are decided.
(e)Compensation planning and remuneration :- There are various rules regarding compensation and other benefits. It is the job of the Human Resource department to look into remuneration and compensation planning.
(f) Motivation, welfare, health and safety :- Motivation becomes important to sustain the number of employees in the company. It is the job of the Human Resource department to look into the different methods of motivation. Apart from this certain health and safety regulations have to be followed for the benefits of the employees. This is also handled by the HR department.
(g) Industrial relations :- Another important area of Human Resource Management is maintaining co-ordinal relations with the union members. This will help the organization to prevent strikes lockouts and ensure smooth working in the company.
The scope of Human Resource Management refers to all the activities that come under the banner of Human Resource Management. These activities are as follows.
(a) Human resources planning :- Human resource planning or Human Resource Planning refers to a process by which the company to identify the number of jobs vacant, whether the company has excess staff or shortage of staff and to deal with this excess or shortage.
(b)Job analysis design :- Another important area of Human Resource Management is job analysis. Job analysis gives a detailed explanation about each and every job in the company.
(c) Recruitment and selection :- Based on information collected from job analysis the company prepares advertisements and publishes them in the newspapers. This is recruitment. A number of applications are received after the advertisement is published, interviews are conducted and the right employee is selected thus recruitment and selection are yet another important area of Human Resource Management.
(d) Orientation and induction :- Once the employees have been selected an induction or orientation program is conducted. This is another important area of Human Resource Management. The employees are informed about the background of the company, explain about the organizational culture and values and work ethics and introduce to the other employees.
(e)Training and development :- Every employee goes under training program which helps him to put up a better performance on the job. Training program is also conducted for existing staff that have a lot of experience. This is called refresher training. Training and development is one area where the company spends a huge amount.
(d) Performance appraisal :- Once the employee has put in around 1 year of service, performance appraisal is conducted that is the Human Resource department checks the performance of the employee. Based on these appraisal future promotions, incentives, increments in salary are decided.
(e)Compensation planning and remuneration :- There are various rules regarding compensation and other benefits. It is the job of the Human Resource department to look into remuneration and compensation planning.
(f) Motivation, welfare, health and safety :- Motivation becomes important to sustain the number of employees in the company. It is the job of the Human Resource department to look into the different methods of motivation. Apart from this certain health and safety regulations have to be followed for the benefits of the employees. This is also handled by the HR department.
(g) Industrial relations :- Another important area of Human Resource Management is maintaining co-ordinal relations with the union members. This will help the organization to prevent strikes lockouts and ensure smooth working in the company.
🥇🏆Key Features of Integrated Guidance Program cum Test Series of Commerce Optional UPSC 2019🏆🥇
We are happy to announce that Guidance program will be going to start from 15th June 2019.
🌎 https://www.civilservicegurukul.com/upsc-ias-mains-2019-commerce-optional-integrated-guidance-program-cum-test-series-for-commerce-and-accountancy-optional-upsc-2019/
📌
1.✅The most reliable All India Integrated Guidance Program for UPSC Commerce optional, so that every Students of Civil Service Gurukul can know where he stands among the REST OF their COMPETITORS.
2.✅ Scheduling the tests in a phased manner (Subject wise and full syllabus tests). Test series will consist of 11 tests of UPSC Commerce and Accountancy optional.
3.✅Test Paper which are carefully created by our expert faculty to enhance and sharpen the aspirant’s' intellectual competence for actual exam. Test paper will be based on previous year pattern, Current affairs and UPSC guidelines.
4.✅Questions act as trigger for learning what is required for the Main Exam and benefit to get maximum marks in Main Exam.
5.✅ Exhaustive performance analysis and feedback based on the subject wise Strength and weakness analysis.
6.✅Interactive system conducive for expressing conceptual doubts, discussions and clarifications.
7.✅Test Paper will help you in handling exam pressure and managing time.
8.✅Civil Service Gurukulwill provide value added notes on important topics
https://www.civilservicegurukul.com/upsc-ias-mains-2019-commerce-optional-integrated-guidance-program-cum-test-series-for-commerce-and-accountancy-optional-upsc-2019/
📚Approach for Test Series of COMMERCE AND ACCOUNTANCY OPTIONAL-UPSC (IAS)📚📌
1.✏️ Civil Service Gurukul will suggest sources (Books & Notes) for Covering Topics mentioned in above test series as per UPSC Circular.
2.✏️ Civil Service Gurukul will provide Value added notes on important topic.
3.✏️ Civil Service Gurukul will evaluate answer sheet and provide Synopsis/approach/Model answer to develop answer writing skills of answering questions of UPSC civil service mains Examinations 2019.
4.✏️ All test paper consists of 250 Marks each paper.
5.✏️ Duration of test is 3 hours.
☎️For more details - Contact
CA Dhananjay
@cadhan
or Call at
7678456921
📩 or mail at
civilservicegurukul@gmail.com
🌏 https://www.civilservicegurukul.com/upsc-ias-mains-2019-commerce-optional-integrated-guidance-program-cum-test-series-for-commerce-and-accountancy-optional-upsc-2019/
We are happy to announce that Guidance program will be going to start from 15th June 2019.
🌎 https://www.civilservicegurukul.com/upsc-ias-mains-2019-commerce-optional-integrated-guidance-program-cum-test-series-for-commerce-and-accountancy-optional-upsc-2019/
📌
1.✅The most reliable All India Integrated Guidance Program for UPSC Commerce optional, so that every Students of Civil Service Gurukul can know where he stands among the REST OF their COMPETITORS.
2.✅ Scheduling the tests in a phased manner (Subject wise and full syllabus tests). Test series will consist of 11 tests of UPSC Commerce and Accountancy optional.
3.✅Test Paper which are carefully created by our expert faculty to enhance and sharpen the aspirant’s' intellectual competence for actual exam. Test paper will be based on previous year pattern, Current affairs and UPSC guidelines.
4.✅Questions act as trigger for learning what is required for the Main Exam and benefit to get maximum marks in Main Exam.
5.✅ Exhaustive performance analysis and feedback based on the subject wise Strength and weakness analysis.
6.✅Interactive system conducive for expressing conceptual doubts, discussions and clarifications.
7.✅Test Paper will help you in handling exam pressure and managing time.
8.✅Civil Service Gurukulwill provide value added notes on important topics
https://www.civilservicegurukul.com/upsc-ias-mains-2019-commerce-optional-integrated-guidance-program-cum-test-series-for-commerce-and-accountancy-optional-upsc-2019/
📚Approach for Test Series of COMMERCE AND ACCOUNTANCY OPTIONAL-UPSC (IAS)📚📌
1.✏️ Civil Service Gurukul will suggest sources (Books & Notes) for Covering Topics mentioned in above test series as per UPSC Circular.
2.✏️ Civil Service Gurukul will provide Value added notes on important topic.
3.✏️ Civil Service Gurukul will evaluate answer sheet and provide Synopsis/approach/Model answer to develop answer writing skills of answering questions of UPSC civil service mains Examinations 2019.
4.✏️ All test paper consists of 250 Marks each paper.
5.✏️ Duration of test is 3 hours.
☎️For more details - Contact
CA Dhananjay
@cadhan
or Call at
7678456921
📩 or mail at
civilservicegurukul@gmail.com
🌏 https://www.civilservicegurukul.com/upsc-ias-mains-2019-commerce-optional-integrated-guidance-program-cum-test-series-for-commerce-and-accountancy-optional-upsc-2019/
[pib] Labour Ministry notifies rules to allow employment of Women in Mines
Mains Paper 3: Economy | Development & Employment
From UPSC perspective, the following things are important:
Prelims level: Mines Act, 1952 and newly added norms
Mains level: Equality of opportunity for Women
News
The Central Government has exempted the women employed in any mine above ground and in any mine below ground from the provisions of section 46 of the Mines Act, 1952, subject to following conditions.
In the case of women employed in any mine above ground
The owner of a mine may deploy women between the hours of 7 pm and 6 am in the mine above ground including opencast workings;
the deployment of women shall be after obtaining the written consent of the concerned woman employee;
the women so deployed shall be provided with adequate facilities and safeguards regarding occupational safety, security and health;
the deployment of women shall be subject to the framing and implementation of Standard Operating Procedures on the basis of the guidelines issued in this regard by the Chief Inspector of Mines from time to time;
the deployment of women shall be in a group of not less than three in a shift.
In the case of women employed in any mine below ground
The owner of a mine may deploy women between the hours of 6 am and 7 pm in technical, supervisory and managerial work where continuous presence may not be required;
the deployment of women shall be after obtaining the written consent of the concerned woman employee;
the women so deployed shall be provided with adequate facilities and safeguards regarding occupational safety, security and health;
the deployment of women shall be subject to the framing and implementation of Standard Operating Procedures on the basis of the guidelines issued in this regard by the Chief Inspector of Mines from time to time;
the deployment of women shall be in a group of not less than three.
Why such move?
The Mines Act, 1952, restricted the employment of women in underground mines and also in opencast or aboveground workings of the mine during night hours between 7PM and 6AM.
Several women employees groups, industry and students has enrolled with various institutions pursuing mining engineering courses at degree and diploma levels.
They have been representing to the government at different forum that women should be provided equal employment opportunity for working in mines.
Mains Paper 3: Economy | Development & Employment
From UPSC perspective, the following things are important:
Prelims level: Mines Act, 1952 and newly added norms
Mains level: Equality of opportunity for Women
News
The Central Government has exempted the women employed in any mine above ground and in any mine below ground from the provisions of section 46 of the Mines Act, 1952, subject to following conditions.
In the case of women employed in any mine above ground
The owner of a mine may deploy women between the hours of 7 pm and 6 am in the mine above ground including opencast workings;
the deployment of women shall be after obtaining the written consent of the concerned woman employee;
the women so deployed shall be provided with adequate facilities and safeguards regarding occupational safety, security and health;
the deployment of women shall be subject to the framing and implementation of Standard Operating Procedures on the basis of the guidelines issued in this regard by the Chief Inspector of Mines from time to time;
the deployment of women shall be in a group of not less than three in a shift.
In the case of women employed in any mine below ground
The owner of a mine may deploy women between the hours of 6 am and 7 pm in technical, supervisory and managerial work where continuous presence may not be required;
the deployment of women shall be after obtaining the written consent of the concerned woman employee;
the women so deployed shall be provided with adequate facilities and safeguards regarding occupational safety, security and health;
the deployment of women shall be subject to the framing and implementation of Standard Operating Procedures on the basis of the guidelines issued in this regard by the Chief Inspector of Mines from time to time;
the deployment of women shall be in a group of not less than three.
Why such move?
The Mines Act, 1952, restricted the employment of women in underground mines and also in opencast or aboveground workings of the mine during night hours between 7PM and 6AM.
Several women employees groups, industry and students has enrolled with various institutions pursuing mining engineering courses at degree and diploma levels.
They have been representing to the government at different forum that women should be provided equal employment opportunity for working in mines.
How RBI rate cut affects different categories of debt funds https://www.livemint.com/money/personal-finance/how-the-rbi-rate-cut-affects-different-categories-of-debt-funds-1559806408843.html
https://www.livemint.com
How RBI rate cut affects different categories of debt funds
A reduction in interest rates will affect different types of debt funds differently depending upon their portfolio.There are funds such as that seek to earn returns both from an appreciation in the value of the instruments along with coupon interest income