Commerce Optional (UPSC-IAS)
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Best Channel for Commerce Optional student of UPSC( IAS) 2025 and 2026 Benefits 1. Daily Commerce optional updates 2. Current affairs related with Commerce optional 3. Summary notes 4. Value added notes For test series Contact at @csgurukul
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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/
Books and Sources for References - Commerce Optional | Civil Service Gurukul
https://www.civilservicegurukul.com/books-for-references/
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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.
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/
06 November 2020 Daily Answer Writing Practice- DAY 2 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-12/
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
https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-11/
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.
👆Schedule of Daily Answer Practice for Commerce Optional
We will be going to start this initiative from 5th November 2020.
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How to remember any topic of UPSC easily.
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👉Educational updates
We will start daily answer writing practice of commerce Optional from Monday.
This will be free initiative .
Prize will be distributed at the end of daily answer writing practice session.
we will share schedule soon.
Current affairs related with International Labour Organization
#Special focus on industrial relation of Commerce Optional.
After 35 years, India has assumed the Chairmanship of the Governing Body of International Labour Organization (ILO).
About the International Labour Organization
The ILO is a UN agency whose mandate is to advance social and economic justice through setting international labour standards.
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Founded in 1919 under the League of Nations, it is the first and oldest specialised agency of the UN.
The ILO has 187 member states: 186 out of 193 UN member states plus the Cook Islands.
The ILO's international labour standards are broadly aimed at ensuring accessible, productive, and sustainable work worldwide in conditions of freedom, equity, security and dignity.
About its Governing Body
The Governing body is the apex executive body of the ILO which decides policies, programmes, agenda, budget and elects the Director-General.
It meets three times a year, in March, June and November.
Significance for India
India will be presiding over the upcoming meeting of the Governing Body to be held in November 2020.
India would have the opportunity to interact with the senior officials and social partners of the member states.
It will also provide a platform to apprise participants of the transformational initiatives taken by the Government in removing the rigidities of the labour market.
