Haryana PGT Commerce Online Coaching

HPSC Coaching Online | Haryana PGT Commerce Online Coaching | H-TET Online Coaching

Haryana PGT Commerce : Requirement to become PGT Commerce Teacher in Haryana

A)

Business, Trade and Commerce: Business an introduction, Classification of Business activities, Business Risk: Nature and causes.
Forms of Business organisation: Sole Proprietorship, Joint Hindu family business, partnership organisation, co-operative society, company organisation, choice of form of business organisation.
Private, Public and Global Enterprise: Departmental undertaking, Statutory Corporation, Government company, Global enterprise/Multi National company, public private partnership (PPP).
Business Services: Banking, Insurance, postal and telecom services.
Emerging modes of Business: E-commerce, E-Business.
Social Responsibility of Business: Social responsibility, Business Ethics.
Nature and Significance of Management: Management an introduction, Nature of management, levels of management, functions of management, Co-ordination.
Principles of Management: Principles of Scientific management by Taylor, General Principles of Management by Fayol.
Business Environment: Concept of Business Environment, Dimensions of Business Environment, Concept of Demonetisation.
Planning: Concept of planning, Types of plans.
Organising: Organising as a process, Organisational structure, Delegation and decentralisation.
Staffing: Meaning and importance, Recruitment, Selection, Training and Development.
Directing: Importance and Principles, Supervision, Motivation, Leadership, Communication.
Controlling: Concept of controlling, Controlling process, Controlling techniques.
Business Finance: Financial management, Financial decision, Financial planning, capital structure, fixed and working capital.
Marketing and Marketing Mix: Marketing, Elements of Marketing Mix.

B)

Introduction to Accounting: Concept of Accounting, Basic Accounting terms,
Theory Base of Accounting: Fundamental Accounting assumptions: GAAP, Basic accounting concepts, Systems of accounting, Basis of Accounting, Accounting
standards, Goods and service tax.
Recording of Transactions-I: Business transactions and source Documents, Accounting Equation, Double entry system, Journal, Ledger.
Recording of Transactions-II : Cash Book, Subsidiary Books. Bank Reconciliation Statement: Preparation of Bank Reconciliation statement as per cash book, Preparation of Bank Reconciliation statement as per pass book.
Trial Balance and Rectification of Errors: Trial Balance, Rectification of Errors.
Depreciation, Provisions and Reserves: Depreciation, provisions and reserves.
Financial Statements with Adjustments of sole proprietorship.

Accounting for Partnership-Basic concepts: Fundamentals of partnership, Specialaspects of partnership Accounts, Maintenance of capital accounts of partners, Distribution of profit amongst partners, Past Adjustments, Guarantee of profit to a partner. Reconstitution of Partnership Firm –Admission of a Partner: Change in profit sharing ratio, Goodwill, Admission of a new partner, New profit sharing ratio and sacrificing ratio, Treatment of goodwill, Adjustment of reserves, accumulated profits and losses, Revaluation of assets and Reassessment of liabilities, Adjustment of capitals.
Reconstitution of a Partnership Firm-Retirement/Death of a Partner: Ascertaining the amount due to retiring/Deceased partner, New profit sharing Ratio and Gaining ratio, Treatment of Goodwill, Adjustment of reserves and accumulated profits and losses, Adjustment of Revaluation of assets and reassessment of liabilities, Disposal of amount due to retiring partner, Adjustment of partner’s capitals, Death of a partner.

Dissolution of Partnership Firm: Dissolution of partnership firm and partnership, settlement of Accounts, Accounting treatment.

C)

Formation of a Company: Stages in formation of a company, Documents used in formation of a company.
Sources of Business Finance: Concept, owned funds and borrowed funds.
Accounting for Share Capital: Meaning, nature and types of share capital, Nature and classes of shares, Accounting treatment of issue and forfeiture of shares.
Issue of Debentures: Meaning of Debentures, Types of Debentures, Issues of Debentures (Accounting treatment), Terms of issue of Debentures, Interest on Debentures, Writing off discount/loss on issue of Debentures.
Financial Statements of a Company: Types of financial Statements.
Accounting Ratios: Types of Accounting ratios, Meaning , Objectives, advantages and limitations of accounting ratios.
Cash Flow Statement: Classification of activities for preparation of cash flow statement, preparation of cash flow statement as per AS3.
Overview of Computerised Accounting System: Introduction: Application in Accounting, Features of computerised Accounting system, structure of CAS, Software packages; generic, specific, tailored. Accounting Application of Electronic Spreadsheet: Concept and features of electronic spread sheet, Application in generating Accounting Information-Bank
reconciliation statement, Asset accounting, loan, repayment of loan schedule, ratio
analysis. Data representation- Graphs, charts and diagrams.
Computerised Accounting System: Steps in installation of CAS, codification and Hierarchy of account heads, creation of accounts, Data; entry, validation and verification, Adjusting entries, preparation of Balance sheet, Profit and loss account with closing and opening entries, Need and security features of the system.
MSME and Business Entrepreneurship : Meaning of small scale enterprise as per MSMED Act,2006 , Entrepreneurship, Meaning and types of Intellectual property
rights.
Internal Trade: Wholesale trade, Retail trade, GST.
International Trade: International trade – an introduction, International trade institutions and agreement.
Consumer Protection: Introduction and importance of consumer protection, Consumer protection Act 1986(Amendments in 2019)

Subject related Pedagogy.

 

Students must be qulify first H-TET

For becoming PGT Commerce Teacher in Haryana

Step 1 : Screening Test

1. Total number of MCQs: 100
   (i) Around 80% of the total questions will be from the concerned subjects as per syllabus. Remaining questions will be from the topics of Educational psychology, Pedagogy, General Awareness, General Mental Ability, Comprehension, Logical Reasoning and Analytical Ability, Decision making and problem solving, Basic numeracy, Data interpretation and the questions related to History, Geography, Polity, Economy and Culture of Haryana.
2. Time duration of the exam: 02 hours
3. Total Marks: 100
4. All questions carry equal marks.
5. Each question will have five options (A, B, C, D and E). If a candidate is attempting a question, she/he shall have to darken the appropriate circle A, B, C or D and if not attempting a question
   then, she/he shall have to darken E circle. If no circle is darkened, one fourth (0.25) mark shall be deducted.
6. Any candidate not darkening any of the five circles in more than 10 % questions shall be disqualified.
7. One-fourth mark will be deducted for each wrong answer.
8. The examination paper will be in English & Hindi language.

Step 2: Subject Knowledge Test

• Time duration of exam: 03 hours
• Total Marks: 150
• The syllabus is enclosed at Annexure-I.
• The examination paper will be in English & Hindi language.
• The numbers of the candidates ro be called for interview will be two times, including bracketed candidates if any, of the number of category-wise advertised posts provided that they have secured the minimum cut-off marks of 35%.
• The weightage of the subject knowledge test will be g7.5 %

Step 3: Interview/Viva-Voce

• The weightage olthe interview willbe 12.5 %.
• The final merit list wilr be prepared by adding the marks of the subject
• knowledge test and interview/viva-voce.

ESSENTIAL QUALIFICATION: PGT Commerce:-

( i) M.Com. with accounling/Cost accounting/ Financial accounting as a major subject of study with atleast 50% marks and B.Ed. from recogniied university. Holders of degree of M.com. in Applied / Business Economics shall not be eligible; (ii) Matric with Hindi/Sanskrit or l0+2/B.A./M.A. with Hindi as one of the subject.
(iii) Certiflcate of having qualifred Haryana Teacher Eligibility Test (HTET) /School Teachers Eligibility Test (STET).
(iv) Consistent good academic record.

AGE LIMITS: candidate should not be less than lg years and not more than 42 years, as the closing date fixed for submission of online application forms to the commission i.e. 18,07.2023

Haryana Public Service commission invites online application forms forrecruitment of 180 posts of post Graduate Teachers (pGTs) in the subject of Commerce, for Rest of Haryana Cadre.

HPSC PGT Commerce Question Paper – Subjective 2023 Download : Link

Haryana H-TET & PGT Commerce  Syllabus

Part – I: Business Studies and Management

Introduction to Business– Concepts, characteristics, objectives. Classification of business as industry and commerce. Distinctive features of business – Business, profession and employment. Choice of Form of Organization. Large Scale and Small Scale Business- Assistance by Government to Small Scale Sector.

Form of Business Organization – Sole Proprietors, Joint Hindu Family, Partnership, Joint Stock Company and its formation, Cooperative organization.

Business ownership– Private, public and Joint sector. Public Enterprises, Role – dynamics of Public Sector, Global Enterprises (Multinational Companies), Joint Ventures.

Business Services – banking, insurance, transportation, warehousing, communication, Impact of Technology on Business Services.

Trade: Internal Trade Retail and Wholesale trade, Emerging modes of business franchisee, E-business and Outsourcing.

International Business–Export- Import – Procedure and documentation, EPZ/SEZ . International Trade Institutions and Agreements – WTO, UNCTAD, World-Bank, IMF.

Business Finance: Sources – owners and borrowed fund, Sources of raising finance, Equity and preference Shares, GDR, ADR, Debentures, Bonds – Retained Profit, Public Deposits, Loan from Financial Institutions and commercial banks, Credit-rating and rating agencies, Trade credit, Micro-credit.

Social Responsibility of Business & Business Ethics Environment protection

Management – concept, objectives, nature of management as Science, Art and Profession, levels, Principles of Management general and scientific.

Business Environment – meaning, importance, dimensions, changing business environment–special reference to liberalization, privatization and globalization, Business – a Futuristic vision.

Management Function – Planning, organizing, staffing, directing, controlling and coordination

Business Finance: Financial Management – meaning, scope, role and objectives, financial planning, Capital structure, leverage, Fixed and working capital – meaning and factors affecting its requirements.

Financial Market – Money Market-nature, instruments, Capital Market- Primary and secondary, Stock exchange, NSEI, OTCEI, Procedures, SEBI.

Human Resource Management– meaning, importance, man-power estimation, Recruitment and selection, Training and development, Compensation, Performance Evaluation

Marketing – meaning, functions and role, Levels of Marketing, Changing facets of marketing, Product-mix, Models of Marketing.

Organizational Behaviors: Individual behaviors, Motivation–concepts and applications, Personality perception, Learning and attitude, Leadership and its approaches, Communication, Group dynamics.

Emerging Trends in Management – Business Process Reengineering, Total Quality Management, Quality Circles, Benchmarking, Strategic Management, Knowledge Management, Business Standardization and ISO.

Consumer Protection – Meaning, importance, consumers’ rights, Consumers’ responsibilities, Consumer awareness and Legal redressal with special reference to consumer Protection Act, Role of consumer organization and NGOs.

Part – II: Financial Accounting and Financial Statement Analysis

Accounting: Meaning, objectives, qualitative characteristics of Accounting information, Accounting Principles, Accounting concepts, Accounting standards, Cash and Accrual Basis of Accounting.

Process of Accounting: Voucher, Transaction, Accounting Equation, Rules of Debit and Credit, Book of original entry-Journal and Special Purpose Books, Ledger, posting from Journal and subsidiary books, Balancing of Accounts, Trial Balance and Rectification of Errors. Bank Reconciliation Statement.

Accounting for depreciation

Provisions and Reserves

Bills of Exchange

Non-Profit Organization

Partnership Firms – Reconstitution of Partnership (Admission, Retirement, Death and Dissolution),

Account of Incomplete Records

Consignment and

Joint ventures.

Accounting of Joint stock Companies: Share capital types of shares, accounting for issue, allotment forfeiture and re-issue of shares. Debentures –types, issue and method of redemption. Final Accounts of Sole proprietor and Joint Stock Companies. Emerging trends of presentation of Final Accounts.

Accounting for liquidation.

Financial Statement Analysis: Meaning, significance, limitation. Tools for Financial Statement Analysis-comparative statements, common size statements, Trend analysis, accounting ratios.

Fund Flow Statement and Cash Flow Statement: Meaning, objectives, preparation as per revised standard issued by ICAI.

Cost Accounting- Nature, functions. Job costing, Process costing, Marginal costing, Cost-volume-profit relationship. Cost control and cost reduction techniques

Computers In Accounting: Introduction to Computers and Accounting Information System, Application of Computers in Accounting, Automation of Accounting process, designing accounting reports, MIS reporting, data exchange with other information system. Ready-made, customized and tailor made Accounting Systems.

Accounting And Database Management System –meaning, concept of entity and relationship in an accounting system, Data Base Management System (DBMS) in accounting.

Inflation accounting,

Accounting for Human Resource of an Organization and Social Responsibility

Comparing between H-TET & PGT Commerce Examination

Comparing Point	H-TET	PGT Commerce
Sequence	First Qualify H-TET	After Qualifying H-TET Eligible for PGT Commerce Examination
Type of Exam	Ony Objective type	Three Speps : Screening Test -Objective type + Subjective type + Interview
Negative marking	No	Yes (0.25 in screening test)
Mode of Exam	Offline	Offline
Qualifying in Nature	Qualify With 60% marks	Based on merit-list – No.of Vacancies
Conductiing  Agency	Board of Secondary Education, Haryana (BSEH) Link: Open	Haryana Public Service Commission (HPSC) Link: Open
Purpose	Eligibility Test only	Job Recruitment Test
Previous Year Questions	2016 : Link 2018 : Link 2019 : Link 2020 : Link 2021 : Link 2022 : Link	2023 : Screening Test — Link  Subject Knowledge Test — Link  — Link 2024 : Screening Test — Link Subject Knowledge Test — Link

PGT Commerce H-TET Trend Analysis

Haryana PGT Commerce Syllabus PDF Download: Link

Haryana Official Website  Notification & Syllabus – Link 

 Haryana PGT Commerce Full Course

 

An Indian-origin entrepreneu, settled in Singapore, makes strategic short visits to 10
India while continuing business operations through a management team based in Mumbai. lnFY 2023 – 24, he spent 120 days in India and eamed the following :
Business income remitted to India : 50 lakhs
Rental income liom Indian Foperty : 8 lakhs
Interest on NRE account : ……………………. t 4 lakhs
Analyze how residential status determination impacts the tax incidence in this case.
Discuss the tax planning opportunities and ethical boundaries between legitimate tax
planning and avoidance for HNIs operating across jurisdictions.