No.

of Printed Pages : 4 I ECO-13

BACHELOR'S DEGREE PROGRAMME

Term-End Examination
December, 2011

ELECTIVE COURSE : COMMERCE

ECO-13 : BUSINESS ENVIRONMENT
Time : 2 hours Maximum Marks : 50
(Weightage 70%)

Note : Attempt questions from both part A and part B.

PART- A (Compulsory)

1. Attempt any four of the following questions.

5+5+5+5
(a) Give reasons for India being a mixed
economy.

(b) Outline briefly social responsibilities of

business.

(c) Explain the promotional role of the

government in business.

(d) Explain main causes of industrial sickness.

(e) What is fiscal policy ? Name various

instruments of fiscal policy.

(f) Outline the major objectives of WTO.

ECO-13 1 P.T.O.
 PART- B
Attempt any three questions from this section.

2. What is meant by business environment ? 2+8

Explain non-economic environment of business.

3. What are ecological issues ? How are ecological 4+6

issues relevant to business environment in India ?

4. Define economic development. Explain briefly. 3+7

different indicators of economic development.

5. Explain the main features of the New Economic 10

Policy.

6. Explain the significance of small scale sector and 5+5

point out the main problems faced by them.

7. What do you mean by foreign direct investment ? 2+8

Describe briefly the role of foreign capital in the
economic development of a country.

8. Explain the concept of balance of payments. 4+6

Describe the causes of Balance of Payments
deficits.

ECO-13 2
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