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MS3 Economic and Social Environment December 2006
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Test Papers / Previous Question Papers of IGNOU MS3 Economic and Social Environment December 2006

MANAGEMENT PROGRAMME
Term-End Examination

MS3(S): ECONOMIC AND SOCIAL ENVIRONMENT

December 2006

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

Note : (i) There are two Sections A and B.
(ii) Attempt ony three questions from Section A, carrying 20 marks each.
(iii) Section B is compulsary and carries 40 marks.

SECTION A

1. Distinguish between economic development and economic growth. Give an overview of the Indian growth experience since the 1990s. (20)

2. How have the economic reforms affected the role of government ? Analyse and explain with suitable examples. (20)

3. Critically analyse how the regulatory policy framework affected the structure, growth and efficiency of industry. You may cite one or more examp’es ol your choice. 20

4. Analyse the benefits of foreign Investment and technology and discuss the changes in India’s Foreign Investment Policy in the 90s. (20)

5. Critically analyse the impact of economic reforms on GDP. inflation and external debt. 20

SECTION B

6. Explain the functions of money in detail. Differentiate between ordinary and high-powered money. 20

7. Write short notes on any three of the following : 20

(a) Economic Environment

(b) Industrial Sickness

(c) Mixed Economy

(d) Balance of Payments

(e) Development Banks

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