Test Papers / Previous Question Papers of IGNOU ECO13 Business Environment December 2006

Bachelors Degree Programme

Term-End Examination
December, 2006

Elective Course: Commerce
ECO13 : Business Environment

Time : 2 hours
Maximum Marks : 50 (Weightage 70%)

Note : Attempt any four questions including question no. 1. which is corrpulsory.

1. Attempt any four of the following questions : (5+5+5+5)

(a)What are the main objectives of the economic reforms 1991, of India ?
(b) Distinguish between Public Sector and Private Sector.
(c) Explain the significance of business environment.
(d) Discuss briefly the causes of Industrial Disputes.
(e) What are the important functions of the RBI ?
(f) Describe the objectives of the New Industrial Policy 1991 in India.

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

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

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

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

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

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