Test Papers / Previous Question Papers of Indira Gandhi National Open University IBO3 India's Foreign Trade June 2007

Post Graduate Diploma in International Business Operations
Master of Commerce

Time: 3 hours
Maximum Marks: 100

June 2007

1. Evaluate critically the industrial policy of India since 1956. Do you think that the industrial policy since 1991 has a favourable impact on the economy? Explain (10, 10)

2. Examine the recent trends in India's balance of payments. What are the factors responsible for this trend ? (8, 12)

3. What are the major items of agriculfural exports from India ? Discuss various measures taken by the Govemment of India to promote exports of agricultural products from the country. (5, 15)

4. What is the purpose of formation of SAARC ? Fxamine the trade prospects between India and the other SAARC countries. (8, 12)

5. Explain the export promotion measures initiated by the Government of India to improve export performance of the country. (20)

6. What are the competitive advantages and limitations of India's chemical industry in promoting exports ? Give your suggestions to overcome the limitations. (10, 10)

7. Discuss the present status and future prospects of India's trade with the European Union. Substantiate your answer with the help of commodity wise analysis. (10, 10)

8. Write short notes on any two of the following : (10, 10)

(a) Capital Account Convertibility
(b) Association of South East Asian Nations (ASEAN)
(c) Export Promotion Capital Goods (EPCG) Scheme
(d) Export Processing Zones