Home > Career > Assam Secondary TET (2012-13) Paper – II (Commerce) Syllabus

Teachers Eligibility Test for Secondary Education in Assam Syllabus. Assam Secondary TET (2012-13) Paper – II (Commerce Stream) will carry 100 marks. Find below the complete and full Commerce syllabus for Assam Secondary TET (2012-13) Paper II. This syllabus is of Higher Secondary Level (Final Year) standards.

ASSAM SECONDARY TET (2012-13) PAPER – II (COMMERCE) SYLLABUS

PART I: BUSINESS STUDIES (20 MARKS)

PRINCIPLES AND FUNCTIONS OF MANAGEMENT

• Nature and Significance of Management:  i) Management– concept, objectives, importance, Nature of management; Management as Science, Art. Profession. ii) Levels of Management— top, Middle supervisory (First level), Management functions – planning. Organising staffing, directing and controlling, Coordination– nature and importance.
• Principles of Management: i) Principles of Management,— meaning, nature and significance, Fayol’s Principal of Management. ii) Taylor’s Scientific Management– Principles and Techniques.
• Business Environment: i) Business Environment– meaning and importance, Dimensions of Business Environment— Economic, Social, Technological, Political and Legal, Economic Environment India; Impact of Government policy changes on business and industry with special reference to adoption of the policies of liberalization privatization and globalization.
• Planning: Meaning, features, importance, limitations, Planning process: types of Plans- Objectives, Strategy, Policy, Procedure, Method, Rule, Budget, Programme.
• Organising: i) Meaning and importance, Steps in the process of organising, Structure of organization- functional and divisional. ii) Formal and information organisation, Delegation : meaning elements and importance, Decentralization : meaning and importance, Difference between delegation and decentralisation.
• Staffing: i) Meaning, need and importance of staffing, Staffing as a part of Human Resources Management. ii) Steps in staffing process, Recruitment – meaning and sources, Selection– meaning and process, Training and Development- meaning, need, methods- on the job and off the job methods of training.
• Directing: i) Meaning, importance and principles, Elements of Direction: Supervision- meaning and importance, Motivation- meaning and importance. Maslow’s hierarchy of needs; Financial and non-financial incentives. ii) Leadership- meaning importance; qualities of a good leader, Communication— meaning and importance, formal and informal communication., barriers to effective communication.
• Controlling: Meaning and importance, Relationship between planning and controlling, Steps in the process of control, Techniques of controlling.

BUSINESS FINANCE AND MARKETING

• Business Finance: Business finance– meaning, role, importance and objectives of financial management, Role of finance manager, Financial planning– meaning and importance. Capital Structure– Meaning and factors effecting capital structure, Over capitalisation, Under capitalisation and its effects. Fixed and Working Capital– Meaning and factors affecting their requirements, Sources and component of working capital, importance of working capital, management of working capital.
• Marketing: i) Marketing– meaning, functions, role, Distinction between marketing and selling. ii) Marketing mix– concept and elements: Product-nature, classification, branding, labelling and packaging. iii) Physical distribution : meaning, role; Channels of distribution-meaning, types, factors, determining choice of channels. iv) Promotion — meaning and role, promotion mix, Role of Advertising and personal selling; objections to Advertising. v) Price : factors influencing pricing.
• Consumer Protection: Importance of consumer protection, Consumer rights, Consumer responsibilities, Way and means of consumer protection — Consumer awareness and legal redressal with special reference to Consumer protection Act, Role of consumer organizations and NGOs.

PART II: ACCOUNTANCY (30 MARKS)

ACCOUNTING FOR NOT-FOR-PROFIT ORGANISATIONS AND PARTNERSHIP FIRMS

• Accounting Not-for-Profit Organisation: Meaning, characteristics and accounting records of Not-for-profit organisations. Receipts and Payments Account :Meaning and preparation. Income and Expenditure Account : Meaning, Special terms used in Not-for-Profit organisations, treatment of some peculiar items in Income and Expenditure Account, Concept of Fund Based and Non-fund Based accounting, Preparation of Income and Expenditure Account and Balance Sheet-from a Receipts and Payments Account and additional information and from a given Trial-Balance Incidental Trading Activities by a Not-for -Profit organisation.
• Accounting for Partnership : Basic Concepts, Characteristics of Partnership, Partnership Deed, Contents of Partnership Deed. i) Maintenance of Capital Accounts of Partners : Fixed and Fluctuating Capital, Distribution of profit among partners, interest on capital, drawings, interest on drawings, interest on Partner’s loan to a firm, salary/commission to partner, Guarantee of Profit to a partner, Past adjustment. ii) Preparation of Final Accounts of Partnership Firm.
• Reconstruction of a Partnership Firm– Admission of a Partner: i) Modes of Reconstruction of a Partnership Firm. ii) Admission of New Partner: Matters relating to admission of a New Partner, New Profit sharing ratio, Sacrificing ratio. iii) Goodwill: Nature, needs, factors affecting and methods of valuation : Average profits, super profits and capitalisation method, accounting treatment of Goodwill on admission of a partner. iv) Treatment of Accumulated Profits and Losses, Revaluation of Assets and Re- assessment of Liabilities. v) Adjustment of capitals, change in Profit sharing ratio among the Existing Partners.
• Company Accounts & Financial Statements: i) Capital of a company, share capital, sub-division of share capital, types of shares, issue of shares, Bonus issue and Right issue, Types and issue of debentures. Final Accounts of Companies. ii) Financial Statement: Its component and Functions tools of Financial Statement analysis:- Common size statement, comparative Statement, Ratio analysis, Cash flow statement and Fund flow Statement.

PART III: SALESMANSHIP & ADVERTISING (20 MARKS)

• Sales Organisation: Methods of Sales, selling through own organization or Agents, their control, organization of sales depal1ment, sales routine, other departments, control of salesman, sales reports, its analysis and utility evaluation of salesman’s performance.
• Selection of Salesman: Methods of selection, traits, training of salesman
• Salesman’s authority/Consumer Protection: Limits, allocation of territory, fixation of quota, sales conference. Importance of Consumer protection, consumer rights, responsibilities, ways and means of consumer protection. Consumer awareness and legal redressal with special reference to consumer protection Act. Role of consumer organization and NGO’s.
• Remuneration: Remuneration of Salesman

PUBLICITY AND ADVERTISING

• Preparation of Advertisement: Definition of copy, its theme, essentials, size, feature, classification of lay-out, elements of lay-out.
• Organization: Organization of Advertising department, functions, publicity programme, Media selection, planning and policy, budget, market research, competitor’s product advertising, stock for sale, adequacy of finance, object, cost relation with other departments, evaluation of effectiveness of advertisement.
• Appeal in Advertising: Study of buying motive, their uses.
• Advertising Agency and Clients: Agency- Need, organization, evolution, obtaining business, benefit and cost to advertisers, relation with clients, Departments, creation of advertising materials, media, checking.
• Market Research: Meaning importance and needs, Market research process, techniques and methods. Identification of target groups in relation to a product

PART IV: BANKING (15 MARKS)

• Commercial Banking in India: Growth of Banking in India, Presidency banks, Imperial banks, State bank of India and other banks. Classification of banks, Scheduled and Non scheduled banks, Private and public sector banks, Nationalization of banks and its progress, Lead Bank scheme. Banking system, Branch system, Branch Banking vs. Unit Banking, Group Banking vs Chain Banking.
• Reserve Bank of India: Organization, Management of RBI, its functions, Method of note issue, RBI as the controller of money and credit and Banks, cleaning functions of the RBI.
• Financial Market: Meaning and types of financial markets, Money and capital market, Foreign exchange market, Definition of money market. Features of Indian money market and capital market. Stock exchange, Functions of Stock exchange, DFHI, STCI. [Concept of Financial Market : Money Market– nature and instruments, Capital Market : types– primary and secondary market, Distinction between capital market and money market, Stock Exchange– meaning, functions, NSE, OCTEl, Trading Procedure, Securities and Exchange Board of India (SEBI)– Objectives, Functions, Derivatives.]
• Non-Bank Financial institutions: Non-banking Financial Institutions meaning, types & features, Development Banks: IFCI, IDB!, SFCI, NABARD, SIDC, UTI, etc. LICI, GICI, and Money market, Mutual Fund hearing & Hire purchases. International Financial institutions-IBRD, IMF, IDA, IFC, ADB etc. their meaning and purpose.
• Negotiable instruments: Meaning of Negotiable instrument, features of Bill of exchange, Promissory note, cheque and Hundies and their differences, Meaning of holder, Holder in due course, payment in due course. Endorsement, significance of different kinds of endorsement.
• Cheque – Collection and Payment of cheque: Bearer and Order cheque, Open and crossed cheque, Types of crossing and their significance, Not negotiable and account payee crossing. Protection of collecting banker, Payment of cheque, Proper form of cheque, date, amount material alteration. Condition for dishonor of cheques.
• Employment of Fund: Significance of liquidity, Cash balance, Cash reserves, Statutory Liquidity ratio, Principles of sound investment and lending, Overdraft, Cash credit, Loans and advance, Hypothecation, Letter of credit.

PART V: INSURANCE (15 MARKS)

GENERAL INSURANCE ACT

• (i) Marine Insurance Act 1963 (ii) General Insurance Business (Nationalization) Act 1972 Organization and its working GICI and its subsidiaries.

FIRE INSURANCE:

• Fundamental Principles of Fire Insurance: Introduction- definition-meaning and causes of Fire, Functions of Fire Insurance, History of Fire Insurance, Fundamental Principles– utmost good faith, insurable interest, indemnity and Subrogation, Distinction between Fire insurance and gambling, Fire insurance and life insurance.
• Fire Insurance Polices: Procedure for taking out a Fire insurance policy; Renewal of Policy, cancellation and assignment of a Fire insurance policy. Proposal Form, classification of risks, Fire tariff and fixation of rate of premium.
• Procedure of claims: Procedure for recovering claim under fire policy. Effects of more than one fire and one policy on claim, Ex-gratia payment, Rating and average condition and its effect on claim.

MISCELLANEOUS INSURANCE AND CLASSES OF MISCELLANEOUS INSURANCE:

• Personal accidental insurance, definition and feature of personal accidental Insurance. Moto vehicle insurance, Burglary insurance, Credit insurance, Fidelity insurance and employer liability insurance, Medi-claim.

Secondary TET is a must for direct recruitment to the post of graduate teachers in Assam. The Assam Secondary TET exam consists of two papers: Paper – I and Paper – II. The Paper I is common for all candidates, while the Paper II will come in three variations for three streams – Science, Arts and Commerce. Each paper will carry 100 marks. So, the total marks of Assam Secondary TET will be 200. Assam Portal requests candidates to read the  Assam Secondary TET (2012-13) Paper -II Commerce syllabus carefully.