Dibrugarh University B.Com First Sem: Business Environment Question Papers (Nov' 2018)

COMMERCE (General/Speciality)
Course: 104
(Business Environment)
Time: 3 hours
The figures in the margin indicate full marks for the questions
Full Marks: 80
Pass Marks: 24

1. Answer as directed:                                                   1x8=8
a)         In which year the first Industrial Policy of India was introduced?
b)         Name the Act, which was passed in India in 2002 to ensure free and fair competition in the market.
c)          Write the full form of FDI.
d)         _____ market deals in short-term funds.
          (Fill in the blank)
e)         Mention one hindrance of economic growth of India.
f)          Write the full form of IBRD.
g)         Coexistence of public and private sectors is one of the main features of Indian business environment.
(Write True or False)
h)         During prosperity, price of commodity increases.
(Write True or False)
2. Write short notes on:                                                4x4=16
a)         Importance of business environment.
b)         Role of the private sector in India.
c)          Objectives of the World Bank.
d)         Causes of industrial sickness.
3. (a) What do you mean by ‘internal’ and ‘external’ business environment? Briefly discuss the external components of business environment.                   2+2+10=14
(b) What is SWOT analysis? Describe its importance.                  4+10=14
4. (a) Define ‘economic growth’ and ‘economic development’. Discuss the main hindrances of economic growth of India. 2+2+10=14
(b) What do you mean by economic environment of business? Explain the elements of economic environment of business.                       4+10=14
5. (a) Discuss the policy of the Government of India concerning foreign collaboration and its impact on industrialization. 7+7=14
(b) Give a short account of the ‘New Economic Policy’ introduced in India since July 1991 and state your opinion on the effectiveness of this new policy.                        7+7=14
6. (a) Describe the role of “World Trade Organization’ in developing international trade.      14
(b) Write an explanatory note on ‘international business environment’.           14
Full Marks: 80
Pass Marks: 32
Time: 3 hours

1. Answer the following questions:                                          1x8=8
a)         Mention one hindrance of economic growth.
b)         Write one salient features of New Industrial Policy, 1991 of India.
c)          Write one cause of industrial backwardness in North-East region of India.
d)         In which year was the IMF set up?
e)         Mention one function of Stock Exchange.
f)          Write the full form of BSE.
g)         Write the full form of SAFTA.
h)         Where is the Head Office of the World Bank?
2. Write short notes on the following:                                    4x4=16
a)         External factors of business environment.
b)         Indian money market.
c)          SWOT analysis.
d)         Special economic zone.
3. (a) Describe the nature and significance of business environment.          6+5=11
(b) Discuss in detail the internal factors of business environment.             11
4. (a) What do you mean by ‘trade cycle’? Discuss its phases with a diagram.         3+8=11
(b) What is meant by ‘economic environment’? Describe its significance.     3+8=11
5. (a) Write a critical note on EXIM Policy of India.                                             11
(b) Explain the concept of ‘privatization’. Discuss its disadvantages.             3+8=11
6. (a) Discuss the role played by the ‘money market’ in the economic development of a country.   11
(b) What do you mean by ‘monetary policy’? Explain the importance of monetary policy in a developing economy. 3+8=11
7. (a) Discuss the impact of globalization of Indian trade and industry.                                     12
(b) Discuss the objectives and functions of the World Trade Organization.                        6+6=12


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