No.

of Printed Pages : 4 ECO-13

CN1 BACHELOR'S DEGREE PROGRAMME

ON
0 Term-End Examination
0 June, 2011

ELECTIVE COURSE : COMMERCE

ECO-13 : BUSINESS ENVIRONMENT

Time : 2 hours Maximum Marks : 50

(Weightage 70%)

Note : Attempt any four questions including question no. 1

which is compulsory.

1. Attempt any four of the following : 4x31/2=14

(a) What do you mean by Restrictive Trade
Practices (RTP) ?
(b) Explain the main objectives of Monetary
Policy of India.
(c) What is meant by privatisation ?
(d) What are the Consumer Rights under
Consumer Protection Act, 1986 ?
(e) Define the terms 'Joint Venture' and
'M.N.C.'
(f) Distinguish between National Income at
current price and constant price.
(g) What is the importance of small scale
industry in Indian economy ?

ECO-13 1 P.T.O.
2. What is meant by "Business Environment" ? 4+8
Describe the various components of business
environment.

3. Explain the objectives and importance of Fiscal 6+6

Policy. What are its tools ?

4. How is industrial sickness defined in India ? What 6+6

steps have been taken to tackle this problem ?

5. Give arguments in favour of and against 6+6

Economic Planning.

6. Explain the need for export promotion in India's 4+8

foreign trade. Briefly narrate the steps taken by
the Government in this connection.

7. Point out the main trends in India's Balance of 12

Payments. What steps have been taken to correct
the disequilibrium in the Balance of Payments ?

ECO-13 2
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ECO-13 4