ECO 13

					      No. of Printed Pages : 4                         ECO-13

CN1         BACHELOR'S DEGREE PROGRAMME
ON
0                      Term-End Examination
0                                June, 2011

               ELECTIVE COURSE : COMMERCE
              ECO-13 : BUSINESS ENVIRONMENT

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

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

      1.   Attempt any four of the following :   4x31/2=14
           (a) What do you mean by Restrictive Trade
                Practices (RTP) ?
           (b)   Explain the main objectives of Monetary
                 Policy of India.
           (c)   What is meant by privatisation ?
           (d)   What are the Consumer Rights under
                 Consumer Protection Act, 1986 ?
           (e)   Define the terms 'Joint Venture' and
                 'M.N.C.'
           (f)   Distinguish between National Income at
                 current price and constant price.
           (g)   What is the importance of small scale
                 industry in Indian economy ?


      ECO-13                         1                    P.T.O.
2.   What is meant by "Business Environment" ? 4+8
     Describe the various components of business
     environment.


3.   Explain the objectives and importance of Fiscal 6+6
     Policy. What are its tools ?


4.   How is industrial sickness defined in India ? What 6+6
     steps have been taken to tackle this problem ?


5.   Give arguments in favour of and against 6+6
     Economic Planning.


6.   Explain the need for export promotion in India's 4+8
     foreign trade. Briefly narrate the steps taken by
     the Government in this connection.


7.   Point out the main trends in India's Balance of 12
     Payments. What steps have been taken to correct
     the disequilibrium in the Balance of Payments ?




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ECO-13                               4

				
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