UPSC Commerce & Accountancy 2024

Answer the following questions in about 150 words each : (10×5=50) (a) Briefly explain the significance of Accounting Standard-7 (AS-7). 10 (b) Explain why the companies issue rig…

(a) A Ltd. has acquired the business of B Ltd., whose Balance Sheet as at 31st March, 2024 is as under : [Balance Sheet details provided] A Ltd. was to take over all assets (excep…

(a) During the month of May 2024, total 2000 units were introduced into Process-I. The normal loss was estimated at 5% on input. At the end of the month, 1400 units had been produ…

(a) Mrs. Y (59 years) receives ₹ 7,90,000 as basic pay and ₹ 1,18,000 as bonus during the previous year 2023 – 24. Besides, she gets ₹ 52,000 as Dearness Allowance (forming part o…

Answer the following questions in about 150 words each : (10×5=50) (a) Define corporate restructuring. Differentiate between mergers and acquisitions. Also give suitable examples.…

(a) Six years ago, a machine was purchased for ₹ 3,00,000. It has been depreciated to a book value of ₹ 1,80,000. Its economic life was 15 years with no salvage value. If this mac…

The Board of Directors of a company asks to prepare a statement showing working capital estimates for a level of activity of 15,600 units of production. The following information…

(a) Explain the key classification of the Indian financial system. Make a diagram that depicts the entire financial system and its key components. (20 marks) (b) "The insurance in…

Answer each of the following questions in about 150 words: (a) How does sensation differ from perception? (10 marks) (b) Explain the major differences between transactional and tr…

(a) How have organizations been defined? Compare different perspectives of organizations in India and Western countries. (20 marks) (b) What are the 'big five personality traits'?…

(a) What are the major criticisms levelled against Herzberg's two-factor theory of motivation? Explain its contribution for the better understanding of motivation at the workplace…

(a) Why does organizational politics emerge? What are its consequences? Suggest measures to avoid them. (20 marks) (b) "There is a need for integrating individual and organization…

Answer each of the following questions in about 150 words: (a) Discuss the problems faced in human resource planning. (10 marks) (b) Elaborate the merits and limitations of 360° f…

(a) "Tests are useful in predicting the failure rather than success of the candidate on the job." Comment. (20 marks) (b) Explain the rationale of workers' participation in manage…

(a) What do you mean by a model employer? Critically examine the role of public enterprises in acting as a model employer. (20 marks) (b) Elucidate the executive development techn…

(a) "There are two approaches of managing industrial disputes in an organization—preventive and curative." Examine this statement. Also evaluate their individual effectiveness. (2…