Important Questions in Business Environment 2 mark and 5 mark Questions 1. Define the term Business. 2.

List the characteristics of business. 3. Define the term Business Environment. 4. State the objectives of a business organisation. 5. What is economic environment? 6. What is social environment? 7. What is cultural environment? 8. What is technological environment? 9. What is market environment? 10. State your understanding regarding an economic institution. 11. What are the fundamental rights? 12. Define the term Culture. 13. State your understanding regarding Cultural Lag. 14. List the social responsibilities of a business organisation towards its employees. 15. What is legal environment of business? 16. What are unfair trade practices? 17. What is Consumerism? 18. What is Capital Market? 19. List the objectives of Securities Contracts (Regulation) Act, 1956. 20. What is Currency? 21. Differentiate inflation from deflation. 22. What is meant by a Business Cycle? 23. Differentiate GNP from GDP. 24. What is meant by per capita income? 25. What is meant by Density of Population? 26. What is Human Development Index? 27. What is Dual Pricing? 28. Who are called as financial intermediaries? 29. What is Financial System? 30. Define the term Bank . 31. What is Money Market? 32. Define the term Capital Market . 33. What is meant by a Development Bank? 34. What is Factoring? 35. What is leasing? 36. What is LPG? 37. Define the term Business Ethics. 10 mark, 12 mark and 15 mark questions 38. Discuss the social responsibilities of a business organisation. 39. Describe the factors affecting business environment. 40. Describe the competitive forces affecting the business environment. 41. Differentiate micro environment from macro environment of business. 42. Discuss the problems faced by an economy? 43. Elucidate the features of capitalism. 44. Differentiate Fundamental Rights from Directive Principles. 45. Discuss the regulatory policies of the Govt. of India towards business. 46. Describe the socio-cultural factors affecting business. 47. Differentiate Articles from Memorandum of Association. 48. Discuss the procedure involved in formation of a public limited company. 49. Elucidate the features of a company. 50. Consumer Movements in India doesn t play a major role for safeguarding consumer s. Do you agree? Elucidate. 51. Discuss the provisions of Securities Contracts (Regulation) Act, 1956. 52. Discuss the functions of SEBI. 53. Elucidate the guidelines involved in issue of for Capital Issues. 54. Discuss the steps taken by SEBI for protecting the interest of investors .

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How is FERA different from FEMA? Discuss. Discuss the merits and demerits of Mixed Economy. Describe the factors influencing inflation. Discuss the various methods involved in computation of National Income. Discuss the principles of Malthusian Theory of Population. Analyse the New Industrial Policy of 1991 framed in India. Discuss the various methods involved in pricing. Describe the Banking structure prevailing in India. Discuss the functions of commercial banks. Discuss the functions of Merchant Banking in India. List and explain the merits and demerits of leasing. Discuss the merits and demerits of LPG. With the help of suitable examples discuss SWOT analysis in detail. Discuss the objectives and functions of WTO.