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    Mco 4

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    Manav Jain

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    Mco 4

    Uploaded by

    Manav Jain
    21 views8 pages

    Original Title

    MCO-4

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    © © All Rights Reserved

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    Copyright:

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    21 views8 pages

    Mco 4

    Uploaded by

    Manav Jain

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    © All Rights Reserved
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    of 8

    No.

    of Printed Pages : 8 MCO-04

    MASTER OF COMMERCE (M. COM .)

    Term-End Examination

    June, 2020

    MCO-04 : BUSINESS ENVIRONMENT

    Time : 3 Hours Maximum Marks : 100

    Note :(i) Attempt any five questions.

    (ii) All questions carry equal marks.

    1. 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 ? 20

    2. "The 'New Economic Policy' is a set of policies

    and adniinistrative procedures, introduced

    P. T. O.
    [2] MC0-04

    since July 1991 to bring about changes in

    economic direction of the country." In view of

    this statement answer the following : 20

    (a) Why were reforms necessary and what was

    wrong with the earlier system ?

    (b) What reforms have been introduced ?

    (c) What remains to be done ?

    3. Define stock exchange and describe its key

    functions. Explain its importance for : 20

    (a) The investors,

    (b) The corporate sector, and

    (c) The society at large.

    4. Make a case for inviting foreign capital in

    India. Critically evaluate the policy measures

    adopted by the Government to encourage inflow


    131 MC0-04

    of foreign capital. Also indicate the hurdles

    foreign investors are facing. 20

    5. How does socio-cultural environment affect

    business decision-making ? Give a brief account

    of the nature of social culture environment

    prevailing in India. 20

    6. Explain the concept of social responsibility of

    business, and discuss the nature of its

    obligations towards : 20

    (a) Employers,

    (b) Shareholders, and

    (c) Public at large.

    7. "The scope and coverage of labour legislation

    are very wide' and overlapping." Discuss this

    statement by giving an overview of labour

    legislation in India. 20

    P. T. O.
    [4] MC0-04

    8. (a) State the provisions of the Competition

    Act, 2002 with respect to regulation of

    monopolies in India. 10

    (b) What are the rights conferred upon

    consumers under the Consumer Protection

    Act, 1986 ? Who can file a complaint under

    the Act ? Explain. 10

    9. Distinguish between any two of the following :

    10 + 10

    (a) Import substitution and Export promotion

    (b) Balance of Trade and Balance of Payments.

    (c) Monopolistic and Restrictive Trade

    Practices.
    51 MCO-04

    .qq. 311.-04

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    [6] MCO-04

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