EduIQ Commerce And Accountancy Paper-I Detailed Solution and Model Answer to PYQs for IAS Mains

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Key Details About the Book

  • Title: EduIQ Commerce And Accountancy Paper‑I Detailed Solution and Model Answer to PYQs for IAS Mains
  • Format: Spiral‑bound
  • Price: ₹478 (discounted from ₹750)
  • Publisher: P Publication
  • Availability: In stock on Amazon India with free delivery options
  • Release Date: 8 November 2024

📚 Content Coverage

The book focuses on Paper‑I of Commerce & Accountancy optional in UPSC Mains. Based on the PYQs and syllabus, it covers:

  • Financial Accounting – Standards (e.g., AS‑7 on construction contracts), accounting principles, and corporate accounting.
  • Cost Accounting – Job costing vs. process costing, marginal costing, and decision‑making applications.
  • Taxation – Income Tax Act provisions (e.g., fair rent vs. annual rent under house property income).
  • Auditing – Audit of banking companies, statutory requirements, and reporting standards.
  • Financial Management – Capital structure, dividend policy, working capital management.
  • Business Statistics & Analysis – Quantitative techniques, probability, correlation, regression.

These areas align with the UPSC Commerce & Accountancy Paper‑I syllabus and are reflected in past year questions.

✅ Why This Book is Useful

  • Model Answers: Provides exam‑oriented answers written in UPSC style, helping aspirants understand how to structure responses.
  • PYQ Solutions: Covers previous year questions (PYQs) comprehensively, which are crucial for identifying recurring themes and trends.
  • Answer Writing Practice: Helps aspirants improve speed, clarity, and presentation for the 250‑mark Paper‑I.
  • Updated Content: Includes recent exam questions (e.g., 2024 UPSC Mains Paper‑I).

📊 Comparison: EduIQ vs. Other Resources

⚠️ Things to Keep in Mind

  • Paper‑II Coverage: This book is only for Paper‑I. Aspirants must separately prepare for Paper‑II (Management, Organization Theory, HRM, etc.).
  • Supplementary Reading: While model answers are helpful, UPSC expects analytical depth. Use textbooks and current affairs for enrichment.
  • Practice: Don’t rely solely on solved answers—practice writing under timed conditions.

👉 If you’re preparing Commerce & Accountancy optional, this book is a ready‑to‑use PYQ solution manual for Paper‑I. Would you like me to also list recommended resources for Paper‑II so you have a complete preparation set?

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