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    ECO-13 ENG Compressed

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    Tulasiram Patra
    This document is a 4 page exam for a Bachelor's degree program in commerce. It covers the elective course "Business Environment" with the code ECO-013. The exam has two parts - Part A consists of short answer questions where students must attempt 4 out of 6 questions. Part B consists of longer answer questions where students must attempt 3 out of 7 questions. The questions cover topics like economic vs non-economic business environments, government planning goals, government's promotional role in business, trade regulation laws, schemes to revive sick industries, bilateral trade relations, mixed economy principles, social responsibility of business, monetary policy instruments, consumer protection rights and duties, indicators and causes of sick industries, the role of foreign capital, and

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    ECO-13 ENG Compressed

    Uploaded by

    Tulasiram Patra
    77 views2 pages
    This document is a 4 page exam for a Bachelor's degree program in commerce. It covers the elective course "Business Environment" with the code ECO-013. The exam has two parts - Part A consists of short answer questions where students must attempt 4 out of 6 questions. Part B consists of longer answer questions where students must attempt 3 out of 7 questions. The questions cover topics like economic vs non-economic business environments, government planning goals, government's promotional role in business, trade regulation laws, schemes to revive sick industries, bilateral trade relations, mixed economy principles, social responsibility of business, monetary policy instruments, consumer protection rights and duties, indicators and causes of sick industries, the role of foreign capital, and

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    This document is a 4 page exam for a Bachelor's degree program in commerce. It covers the elective course "Business Environment" with the code ECO-013. The exam has two parts - Part A consists of short answer questions where students must attempt 4 out of 6 questions. Part B consists of longer answer questions where students must attempt 3 out of 7 questions. The questions cover topics like economic vs non-economic business environments, government planning goals, government's promotional role in business, trade regulation laws, schemes to revive sick industries, bilateral trade relations, mixed economy principles, social responsibility of business, monetary policy instruments, consumer protection rights and duties, indicators and causes of sick industries, the role of foreign capital, and

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    77 views2 pages

    ECO-13 ENG Compressed

    Uploaded by

    Tulasiram Patra
    This document is a 4 page exam for a Bachelor's degree program in commerce. It covers the elective course "Business Environment" with the code ECO-013. The exam has two parts - Part A consists of short answer questions where students must attempt 4 out of 6 questions. Part B consists of longer answer questions where students must attempt 3 out of 7 questions. The questions cover topics like economic vs non-economic business environments, government planning goals, government's promotional role in business, trade regulation laws, schemes to revive sick industries, bilateral trade relations, mixed economy principles, social responsibility of business, monetary policy instruments, consumer protection rights and duties, indicators and causes of sick industries, the role of foreign capital, and

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    No.

    of Printed Pages : 4 I ECO-013

    BACHELOR'S DEGREE PROGRAMME


    Term-End Examination
    0\ December, 2017

    ELECTIVE COURSE : COMMERCE


    ECO-013 : BUSINESS ENVIRONMENT

    Time : 2 hours Maximum Marks : 50


    (Weightage 70%)

    Note : Attempt both Parts A and B.

    PART - A

    1. Attempt any four of the following questions :


    5+5+5+5
    (a) Distinguish between economic and
    non-economic environments of business.
    (b) Explain the long term goals of planning
    enunciated by Government of India while
    setting up Planning Commission.
    (c) Explain the promotional role of government
    in business.
    (d) State any five legislations for regulating
    trade practices in India.
    (e) Describe briefly various schemes introduced
    by the Government for the revival of the sick
    industrial units.
    (f) Explain salient features of the bilateral trade
    relations.

    ECO-013 1 P.T.O.
    PART - B
    Attempt any three of the following questions.

    2. What do you mean by mixed economy ? Explain


    its directive principles in India. How did it help
    in the economic development of India ? 2+2+6

    3. Explain the concept of social responsibility of


    business. Describe its pros and cons for the
    business in India. 2+4+4

    4. What is meant by monetary policy ? Describe 2+8


    various instruments of monetary policy in India.

    5. What do you mean by consumer protection ? 2+8


    Explain briefly the rights and duties of consumers
    in India.

    6. Describe the indicators of a sick industrial unit 4+6


    and the possible causes thereof.

    7. "Foreign capital plays an important role in the 10


    industrialisation of any country." Elaborate by
    giving suitable examples.

    8. Outline the causes of balance of payments deficits 4+6


    of India before 1991 and state measures adopted
    to overcome this problem.

    ECO-013 2

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