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Commerce & Accountancy

UPSC Commerce & Accountancy 2022

All 16 questions from the 2022 Civil Services Mains Commerce & Accountancy paper across 2 papers — 800 marks in total. Each question comes with a detailed evaluation rubric, directive word analysis, and model answer points.

16Questions
800Total marks
2Papers
2022Exam year

Paper I

8 questions · 400 marks
Q1
50M 150w Compulsory explain Sweat equity shares, ABC, Interim dividend, Budget preparation, Income tax set-off

Answer the following questions in about 150 words each : (a) What are Sweat Equity Shares ? Under what conditions can these shares be issued by a company ? (10 marks) (b) What is…

Q2
50M compare Balance sheet analysis of companies

(a) The Balance Sheets of A Limited and B Limited as on 31st March, 2021 are as follows: A Limited (₹) | B Limited (₹) ---|--- I – Equity and Liabilities : | | 1. Shareholders' Fu…

Q3
50M calculate Taxable salary computation, AS-9 Revenue, and Responsibility Accounting

(a) X, an employee of a firm, furnished the following particulars of his income for the year ended March 31, 2021 : ₹ Basic Salary 2,88,000 Dearness Allowance 57,600 Own contribut…

Q4
50M calculate Cost accounting variances, behavioural sciences in accounting, and audit of charitable institutions

(a) The following details have been extracted from the cost records of a company : Material : 5 lbs @ ₹ 5 – ₹ 25 Labour : 4 Hrs @ ₹ 3 – ₹ 12 The production schedule for the month…

Q5
50M 150w Compulsory explain Financial management and capital markets

Answer the following questions in about 150 words each : (a) Explain 'Capital Asset Pricing Model'. 10 (b) Briefly explain any five risks faced by the financial institutions in In…

Q6
50M solve Financial statement preparation and capital structure decisions

(a) From the following data, you are required to prepare a Balance Sheet and a Statement of Profit and Loss : (a) Share Capital 9,60,000 (b) Working Capital 3,64,000 (c) Bank Over…

Q7
50M calculate Financial management and corporate restructuring

(a) A company wishes to raise additional finance of ₹ 20 lakh for meeting its investment plans. It has ₹ 4,20,000 in the form of retained earnings available for investment purpose…

Q8
50M calculate Operating cycle, banking and M&M model

(a) From the following information as contained in the Trading and Profit & Loss Account and Balance Sheet of X Ltd., you are required to calculate the operating cycle period. (20…

Paper II

8 questions · 400 marks
Q1
50M 150w Compulsory elucidate Management concepts and organizational theory

Answer each of the following in about 150 words: (a) "MBO is a mixed blessing." Elucidate the statement. (10 marks) (b) Explain how the matrix structure breaks the unity-of-comman…

Q2
50M critically evaluate Centralization, perception and organizational conflict

(a) "The choice between centralization and decentralization cannot be made in isolation, none is good or bad." Critically evaluate this statement. (20 marks) (b) Explain the cause…

Q3
50M explain Motivation theories and organizational culture

(a) Explain, with the help of the expectancy theory, why a lot of workers are not motivated on their jobs and do only the minimum necessary to get by. (20 marks) (b) "Organization…

Q4
50M critically evaluate Leadership theories and organizational structure

(a) Critically evaluate the contingency theory of leadership propounded by Fiedler. How is this theory different from situational leadership theory propounded by Paul Hersey and K…

Q5
50M 150w Compulsory distinguish Human resource management and industrial relations

Answer each of the following in about 150 words: (a) Distinguish 'transfer' from 'promotion'/'demotion' and state the purposes of resorting to 'transfer'. (b) Briefly discuss the…

Q6
50M explain Evolution of HRM and industrial dispute resolution

(a) "The approach towards Human Resource Management has undergone transformation through different stages and this process of transformation is still going on." Explain this state…

Q7
50M analyse Human resource planning and globalization

(a) "Human Resource Planning is a prerequisite for effective management of human resources." In the light of this statement, analyze the significance of Human Resource Planning. (…

Q8
50M critically examine Industrial relations in public sector and trade unions

(a) Critically examine the strengths and weaknesses of industrial relations in public sector. (10+10=20 marks) (b) State the criteria for the recognition of Trade Unions in India.…

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