Test Papers / Previous Question Papers of IGNOU MS3 Economic and Social Environment December 2005

MANAGEMENT PROGRAMME
Term-End Examination

December, 2005

MS3 : ECONOMIC AND SOCIAL ENVIRONMENT

Time: 3 hours
Maximum Marks: 100
(Weightage 70%)

Section A

1. What do you understand by the socio-cultural environment of business and how is it important for business ? Briefly explain with suitable examples. (20)

2. Examine the growth of public sector in India and analyse its contribution to overall economic development. (20)

3. What are the main features of Rao - Manmohan Model of Development ? Do you agree with the statement that while the model succeeded on growth, it failed on equity ? Discuss. (20)

4. Analyse the major trends in the growth of India's foreign trade and its implications on production, employment and technology. (20)

5. "Economic reforms were ad hoc and not driven by clear goals and objectives." Discuss in detail. (20)

Section B

6. What are the basic objectives of fiscal policy ? Analyse India's fiscal policy in the light of these objectives. (20)

7. Write short notes on any two of the following : (20)
(a) Management Movement
(b) Relationship between Government and Private sector
(c) Administered price mechanism
(d) Trade policy reforms