December, 2012
MC0-04 : Business Environment
1. "Economic conditions, economic policies and systems are important external factors that constitute the economic environment of a business." Explain this statement and give Indian illustrations to show interaction between economic and non-economic environment.
2. Discuss the institutional framework that has been evolved for the promotion and growth of small sector in
3. (a) Explain any two of the following :
(i) Indian Patents Act, 1970, an Overview.
(ii) Convertibility of rupee on capital account.
(iii) Administered prices.
(b) Distinguish between any two of the following :
(i) Import substitution and Export Promotion.
(ii) Balance of Trade and Balance of Payments
(iii) Monopolistic and Restrictive Trade Practices.
4. What do you mean by privatization ? Why is it considered necessary today ?Explain the possible areas of privatization and point out the problems associated with privatization in
5. "The scope and coverage of labour legislation are very wide and overlapping." Discuss this statement by giving an overview of labour legislation in
6. What is 'economic policy'? What are its different forms? Explain various objectives of fiscal policy. Why is co-ordination between monetary and fiscal policies necessary ?
7. Discuss the main deficiencies of Indian Money Market, and state the reformist measures introduced by Reserve Bank of
8. (a) State the provisions of the Competition Act 2002 with respect to regulation of monopolies in
(b) What are the rights conferred upon Consumers under the Consumer Protection Act, 1986 ? Who can file a complaint under the Act ? Explain.
9. Why is foreign capital so important for
