Indira Gandhi National Open University (IGNOU) 2006 B.Com Business enviornment - Question Paper

Test Papers / Previous ques. Papers of IGNOU ECO13 Business Environment December 2006
Bachelors Degree Programme

Term-End exam
December, 2006

Elective Course: Commerce
ECO13 : Business Environment
Time : two hours
Maximum Marks : 50 (Weightage 70%)

Note : Attempt any 4 ques. including ques. no. 1. which is corrpulsory.

1. Attempt any 4 of the subsequent ques. : (5+5+5+5)

(a)What are the main objectives of the economic reforms 1991, of India ?
(b) Distinguish ranging from Public Sector and Private Sector.
(c) discuss the significance of business environment.
(d) explain briefly the causes of Industrial Disputes.
(e) elaborate the important functions of the RBI ?
(f) define the objectives of the New Industrial Policy 1991 in India.

2. explain the arguments for and against privatisation of public enterprise in India. (5+5)

3. elaborate the salient features of Consumer Protection Act, 1986 ? (10)

4. elaborate the relative merits and demerits of bilateral trade relations and multilateral trade relations ? (5+5)

5. explain the progress and issues in the implementation of New Economic Policy, 1991. (5+5)

6. define the different components of external environment that influence the business policy of an organisation. (10)

7. discuss the social responsibility of business towards shareholders, employees, government and the cornmunity. (10)

Earning:   Approval pending.