A MP SET Commerce mock test from Toppersexam.com is a practice paper based on the latest exam pattern and syllabus, designed to help you assess your preparation level.
MP SET Commerce Free Mock Test
Crack the MP SET Commerce Mock Test 2026 with the help of an online Test series or a free mock test. Every sample paper in the MP SET Commerce Exam has a designated weight, so do not miss out on any paper. Prepare for the MP SET Commerce mock test and check your test scores.
MP SET Commerce Syllabus 2026, Exam Pattern
MP SET Commerce Syllabus 2026, Exam Pattern, Exam Date 2026
Detail Information about MP has published notification 2026 for the notification of SET (Commerce) vacancies. Those Candidates who are Interested to the following vacancy and completed all Eligibility Criteria can read the Notification & Apply Online. In this page we provide the Complete Syllabus of this Entrance Exam with Latest Update Exam Pattern and the Exam
MP SET 2026 Highlights
MP SET Commerce Syllabus 2026
Commerce :
MP SET Commerce Exam Pattern 2026
Duration : 120 Minutes
Exam Medium : English & Hindi
Exam Date : Notified Soon
Starting Date of Application Form : Notified Soon
Last Date of Application Form : Notified Soon
MP SET 2026 Highlights
| Exam Name | MP SET 2026 |
| MP SET Full-Form | Madhya Pradesh State Eligibility Test |
| Organizing Body | Madhya Pradesh Public Service commission |
| Type of Exam | State Eligibility Test |
| Mode of Application | Online |
| Mode of Exam | Offline Mode (PPT) |
| Category | Syllabus and Exam Pattern |
| Online | Mode |
| Official Website | http://www.mppsc.nic.in/ |
MP SET Commerce Syllabus 2026
Commerce :
Unit 1: Business Environment and International Business
1. Concepts and elements of business environment: Economic environment- Economic systems, Economic policies (Monetary and fiscal policies); Political environment
2. Role of government in business; Legal environment- Consumer Protection Act, FEMA; Socio-cultural factors and their influence on business; Corporate Social Responsibility (CSR)
3. Scope and importance of international business; Globalization and its drivers; Modes of entry into international business
4. Theories of international trade; Government intervention in international trade; Tariff and non-tariff barriers; India's foreign trade policy
5. Foreign direct investment (FDI) and Foreign portfolio investment (FPI); Types of FDI, Costs and benefits of FDI to home and host countries; Trends in FDI; India's FDI policy
6. Balance of payments (BOP): Importance and components of BOP
7. Regional Economic Integration: Levels of Regional Economic Integration; Trade creation and diversion effects; Regional Trade Agreements: European Union (EU), ASEAN, SAARC, NAFTA
8. International Economic institutions: IMF, World Bank, UNCTAD
9. World Trade Organisation (WTO): Functions and objectives of WTO; Agriculture Agreement; GATS; TRIPS; TRIMS
Unit 2: Accounting and Auditing
1. Basic accounting principles; concepts and postulates
2. Partnership Accounts: Admission, Retirement, Death, Dissolution and Insolvency of partnership firms
3. Corporate Accounting: Issue, forfeiture and reissue of shares; Liquidation of companies; Acquisition, merger, amalgamation and reconstruction of companies
4. Holding company accounts
5. Cost and Management Accounting: Marginal costing and Break-even analysis; Standard costing; Budgetary control; Process costing; Activity Based Costing (ABC); Costing for decision-making; Life cycle costing. Target costing, Kaizen costing and JIT
6. Financial Statements Analysis: Ratio analysis; Funds flow Analysis; Cash flow analysis
7. Human Resources Accounting; Inflation Accounting; Environmental Accounting
8. Indian Accounting Standards and IFRS
9. Auditing: Independent financial audit; Vouching; Verification ad valuation of assets and liabilities; Audit of financial statements and audit report; Cost audit
10. Recent Trends in Auditing: Management audit; Energy audit; Environment audit; Systems audit; Safety audit
Unit 3: Business Economics
1. Meaning and scope of business economics
2. Objectives of business firms
3. Demand analysis: Law of demand; Elasticity of demand and its measurement; Relationship between AR and MR
4. Consumer behavior: Utility analysis; Indifference curve analysis
5. Law of Variable Proportions: Law of Returns to Scale
6. Theory of cost: Short-run and long-run cost curves
7. Price determination under different market forms: Perfect competition; Monopolistic competition; Oligopoly- Price leadership model; Monopoly; Price discrimination
8. Pricing strategies: Price skimming; Price penetration; Peak load pricing
Unit 4: Business Finance
1. Scope and sources of finance; Lease financing
2. Cost of capital and time value of money
3. Capital structure
4. Capital budgeting decisions: Conventional and scientific techniques of capital budgeting analysis
5. Working capital management; Dividend decision: Theories and policies
6. Risk and return analysis; Asset securitization
7. International monetary system
8. Foreign exchange market; Exchange rate risk and hedging techniques
9. International financial markets and instruments: Euro currency; GDRs; ADRs
10. International arbitrage; Multinational capital budgeting
Unit 5: Business Statistics and Research Methods
1. Measures of central tendency
2. Measures of dispersion
3. Measures of skewness
4. Correlation and regression of two variables
5. Probability: Approaches to probability; Hayes' theorem
6. Probability distributions: Binomial, poison and normal distributions
7. Research: Concept and types; Research designs
8. Data: Collection and classification of data
9. Sampling and estimation: Concepts; Methods of sampling - probability and nonprobability methods; Sampling distribution; Central limit theorem; Standard error; Statistical estimation
10. Hypothesis testing: z-test; t-test; ANOVA; Chi-square test; Mann-Whitney test (Utes); Kruskal-Wallis test (H-test); Rank correlation test
11. Report writing
Unit 6: Business Management and Human Resource Management
1. Principles and functions of management
2. Organization structure: Formal and informal organizations; Span of control
3. Responsibility and authority: Delegation of authority and decentralization
4. Motivation and leadership: Concept and theories
5. Corporate governance and business ethics
6. Human resource management: Concept, role and functions of HRM; Human resource planning; Recruitment and selection; Training and development; Succession planning
7. Compensation management: Job evaluation; Incentives and fringe benefits
8. Performance appraisal including 360 degree performance appraisal
9. Collective bargaining and workers' participation in management
10. Personality: Perception; Attitudes; Emotions; Group dynamics; Power and politics;
11. Conflict and negotiation; Stress management
12. Organizational Culture: Organizational development and organizational change
Unit 7: Banking and Financial Institutions
1. Overview of Indian financial system
2. Types of banks: Commercial banks; Regional Rural Banks (RRBs); Foreign banks; Cooperative banks
3. Reserve Bank of India: Functions; Role and monetary policy management
4. Banking sector reforms in India: Basel norms; Risk management; NPA management
5. Financial markets: Money market; Capital market; Government securities market
6. Financial Institutions: Development Finance Institutions (DFIs); Non-Banking Financial Companies (NBFCs); Mutual Funds; Pension Funds
7. Financial Regulators in India
8. Financial sector reforms including financial inclusion
9. Digitisation of banking and other financial services: Internet banking; mobile banking; Digital payments systems
10. Insurance: Types of insurance- Life and Non-life insurance; Risk classification and management; Factors limiting the insurability of risk; Re-insurance; Regulatory framework of insurance- IRDA and its role
Unit 8: Marketing Management
a. Marketing: Concept and approaches; Marketing channels; Marketing mix; Strategic marketing planning; Market segmentation, targeting and positioning
b. Product decisions: Concept; Product line; Product mix decisions; Product life cycle; New product development
c. Pricing decisions: Factors affecting price determination; Pricing policies and strategies
2. Promotion decisions: Role of promotion in marketing; Promotion methods - Advertising; Personal selling; Publicity; Sales promotion tools and techniques; Promotion mix
3. Distribution decisions: Channels of distribution; Channel management
4. Consumer Behaviour; Consumer buying process; factors influencing consumer buying decisions
5. Service marketing
6. Trends in marketing: Social marketing; Online marketing; Green marketing; Direct marketing; Rural marketing; CRM Logistics management
Unit 9: Legal Aspects of Business
1. Indian Contract Act, 1872: Elements of a valid contract; Capacity of parties; Free consent; Discharge of a contract; Breach of contract and remedies against breach; Quasi contracts;
2. Special contracts: Contracts of indemnity and guarantee; contracts of bailment and pledge; Contracts of agency
3. Sale of Goods Act, 1930: Sale and agreement to sell; Doctrine of Caveat Emptor; Rights of unpaid seller and rights of buyer
4. Negotiable Instruments Act, 1881: Types of negotiable instruments; Negotiation and assignment; Dishonour and discharge of negotiable instruments
5. The Companies Act, 2013: Nature and kinds of companies; Company formation; Management, meetings and winding up of a joint stock company
6. Limited Liability Partnership: Structure and procedure of formation of LLP in India
7. The Competition Act, 2002: Objectives and main provisions
8. The Information Technology Act, 2000: Objectives and main provisions; Cyber crimes and penalties
9. The RTI Act, 2005: Objectives and main provisions
10. Intellectual Property Rights (IPRs) : Patents, trademarks and copyrights; Emerging issues in intellectual property
11. Goods and Services Tax (GST): Objectives and main provisions; Benefits of GST; Implementation mechanism; Working of dual GST
Unit 10: Income-tax and Corporate Tax Planning
1. Income-tax: Basic concepts; Residential status and tax incidence; Exempted incomes; Agricultural income; Computation of taxable income under various heads; Deductions from Gross total income; Assessment of Individuals; Clubbing of incomes
2. International Taxation: Double taxation and its avoidance mechanism; Transfer pricing
3. Corporate Tax Planning: Concepts and significance of corporate tax planning; Tax avoidance versus tax evasion; Techniques of corporate tax planning; Tax considerations in specific business situations: Make or buy decisions; Own or lease an asset; Retain; Renewal or replacement of asset; Shut down or continue operations
4. Deduction and collection of tax at source; Advance payment of tax; E-filing of income-tax returns
MP SET Commerce Exam Pattern 2026
Duration : 120 Minutes
Exam Medium : English & Hindi
| S.No | Subject | No.of Question | Marks |
| 1. | Commerce | 100 | 200 |
| Total | 100 | 200 |
Exam Date : Notified Soon
Starting Date of Application Form : Notified Soon
Last Date of Application Form : Notified Soon
MP SET Commerce Exam Free Online Test Series
Crack MP SET Commerce Mock Test 2026 with the help of Online Test Series or Free Mock Test. Every Sample Paper in MP SET Paper 2 Exam has a designated weightage so do not miss out any Paper. Preprare for MP SET Mock Test and check your test scores.
MP SET Commerce Exam Free Online Question Bank
MP SET Commerce question answer with solutions are available in Hindi & English. Join MCQ, Important Questions, Question Bank, questions and answers for Free MP SET Commerce exam preparation.
Combo Offers
MP SET Commerce Combo Packages
We Launches Combo Offers ! with Heavy Discount and Cost Saving Prices. Combo Packages includes - Online Mock Test Series + Important Questions or MCQs + Previous Year Papers with Answer.
Combo Package
MP SET Commerce
Combo - 1 (Hindi)
1. Online Mock Test Series in Hindi = 10 Tests.
2. Question Bank - 1000 Questions with Answer.
3. 1500 (+) Current Affairs MCQ with Answer PDF in Hindi.
4. 1000 (+) GK MCQ with Answer PDF Book in Hindi.
2. Question Bank - 1000 Questions with Answer.
3. 1500 (+) Current Affairs MCQ with Answer PDF in Hindi.
4. 1000 (+) GK MCQ with Answer PDF Book in Hindi.
₹201₹231
Combo Package
MP SET Commerce
Combo - 2 (Hindi)
1. Online Mock Test Series in Hindi = 20 Tests.
2. Question Bank - 2000 Questions with Answer.
3. 1500 (+) Current Affairs MCQ with Answer PDF in Hindi.
4. 1000 (+) GK MCQ with Answer PDF Book in Hindi.
2. Question Bank - 2000 Questions with Answer.
3. 1500 (+) Current Affairs MCQ with Answer PDF in Hindi.
4. 1000 (+) GK MCQ with Answer PDF Book in Hindi.
₹281₹311
Combo Package
MP SET Commerce
Combo - 3 (English)
1. Online Mock Test Series in English = 10 Tests.
2. Question Bank - 1000 Questions with Answer.
3. 1500 (+) Current Affairs MCQ with Answer PDF in English.
4. 1000 (+) GK MCQ with Answer PDF Book in English.
2. Question Bank - 1000 Questions with Answer.
3. 1500 (+) Current Affairs MCQ with Answer PDF in English.
4. 1000 (+) GK MCQ with Answer PDF Book in English.
₹201₹231
Combo Package
MP SET Commerce
Combo - 4 (English)
1. Online Mock Test Series in English = 20 Tests.
2. Question Bank - 2000 Questions with Answer.
3. 1500 (+) Current Affairs MCQ with Answer PDF in English.
4. 1000 (+) GK MCQ with Answer PDF Book in English.
2. Question Bank - 2000 Questions with Answer.
3. 1500 (+) Current Affairs MCQ with Answer PDF in English.
4. 1000 (+) GK MCQ with Answer PDF Book in English.
₹281₹311
Combo Package
MP SET Commerce
Combo - 5 (Hindi)
1. Online Mock Test Series in Hindi = 20 Tests.
2. Question Bank - 2000 Questions with Answer.
3. Printed Material 10 Mock Test Papers with OMR Sheet.
4. 1500 (+) Current Affairs MCQ with Answer PDF in Hindi.
5. 1000 (+) GK MCQ with Answer PDF Book in Hindi.
2. Question Bank - 2000 Questions with Answer.
3. Printed Material 10 Mock Test Papers with OMR Sheet.
4. 1500 (+) Current Affairs MCQ with Answer PDF in Hindi.
5. 1000 (+) GK MCQ with Answer PDF Book in Hindi.
₹701₹771
Combo Package
MP SET Commerce
Combo - 6 (English)
1. Online Mock Test Series in English = 20 Tests.
2. Question Bank - 2000 Questions with Answer.
3. Printed Material 10 Mock Test Papers with OMR Sheet.
4. 1500 (+) Current Affairs MCQ with Answer PDF in English.
5. 1000 (+) GK MCQ with Answer PDF Book in English.
2. Question Bank - 2000 Questions with Answer.
3. Printed Material 10 Mock Test Papers with OMR Sheet.
4. 1500 (+) Current Affairs MCQ with Answer PDF in English.
5. 1000 (+) GK MCQ with Answer PDF Book in English.
₹701₹771
Combo Package
MP SET Commerce
Combo - 7 (Hindi)
1. Online Mock Test Series in Hindi = 20 Tests.
2. Question Bank - 2000 Questions with Answer.
3. Printed Material 10 Mock Test Papers with OMR Sheet.
4. EBook of MP SET Commerce (1000 MCQ) PDF Format in Hindi.
5. 1500 (+) Current Affairs MCQ with Answer PDF in Hindi.
6. 1000 (+) GK MCQ with Answer PDF Book in Hindi.
2. Question Bank - 2000 Questions with Answer.
3. Printed Material 10 Mock Test Papers with OMR Sheet.
4. EBook of MP SET Commerce (1000 MCQ) PDF Format in Hindi.
5. 1500 (+) Current Affairs MCQ with Answer PDF in Hindi.
6. 1000 (+) GK MCQ with Answer PDF Book in Hindi.
₹801₹961
Combo Package
MP SET Commerce
Combo - 8 (English)
1. Online Mock Test Series in English = 20 Tests.
2. Question Bank - 2000 Questions with Answer.
3. Printed Material 10 Mock Test Papers with OMR Sheet.
4. EBook of MP SET Commerce (1000 MCQ) PDF Format in English.
5. 1500 (+) Current Affairs MCQ with Answer PDF in English.
6. 1000 (+) GK MCQ with Answer PDF Book in English.
2. Question Bank - 2000 Questions with Answer.
3. Printed Material 10 Mock Test Papers with OMR Sheet.
4. EBook of MP SET Commerce (1000 MCQ) PDF Format in English.
5. 1500 (+) Current Affairs MCQ with Answer PDF in English.
6. 1000 (+) GK MCQ with Answer PDF Book in English.
₹801₹961
FAQs
Mp Set Commerce 2026 Free Mock Test Frequently Asked Questions (FAQ's)
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