B.Com-B.Com 3rd Sem Business Environment(Guru Nanak Dev University, Amritsar, Punjab-2013)

                                                                           B.com Third Semester

                                                                          (Business Environment)

Time Allowed - 3 Hours                                                                                                        Maximum Marks : 50

                                                                               SECTION - A

1.Write short notes on any TEN of the following :-

(a) Business Environment

(b) Balance of Payment

(c) Industrial Sickness

(d) Industrial licensing

(e) Devaluation

(f) Social Justice

(g) Strategies of 11^th plan

(h) Resourse Allocation

(i) Competition Act

(j) FEMA

(k) Deficit Financing

(l) Consumer Groups.

                                                                                                  SECTION - B

2. ^''Today a firm can ignore environment at it`s peril^''. Disscus the statement with the help of examples from the real business world.

3. Critically evaluate fiscal policy of India. What suggestions would you give for reforms in fiscal policy of India?

4. Analyse the Exim Policy 2009-14 in detail.

5. Differentiate between devaluation and depreciation of rupee. What are the objectives of devaluation / depreciation?

                                                                                                 SECTION - C

6. Explain the objectives of 12^th five year plan and its major policies.

7. What is Union Budget ? Describe the key features of Union Budget 2013-14.

8. Write a detailed note on Consumer Protection Act, 1986 with latest amendment.

9. What is deficit financing ? Explain its implications for the Indian Economy.

Earning:  ₹ 7.08/-