Gauhati University Question Papers: Business Environment (Nov-Dec’ 2014)

Full Marks: 80
Time: 3 hours
(The figures in the margin indicate full marks for the questions)
1. (a) Answer the following:                                                                                   1x5=5
1)         What is business environment?
2)         Define National Income.
3)         Write the full form of SAFTA.
4)         What is balance of trade?
5)         What is meant by economic liberalisation?
(b) Answer the following (as directed):                                                       1x5=5
1)         India was one of the founder members of the World Trade Organisation. [State True/False]
2)         Economic growth always increases economic welfare. [State True/False]
3)         The estimates of national income of India are conducted by _______. [Fill in the blank]
4)         Monetary Policy of India is formulated by _______. [Fill in the blank]
5)         The IBRD was established in the year _______. [Fill in the blank]
2. Write short answer: (within 30 words)                                                          2x5=10
a)         Mention two causes of regional imbalance in India.
b)         What is fiscal policy?
c)          State two objectives of IMF.
d)         Define GNPFC from GDPMP.
e)         Mention two problems of tea industry in Assam.
3. Answer any four from the following: (within 200 words each)                          5x4=20
a)         Explain the importance of foreign direct investment in India.
b)         Write a note on ASEAN.
c)          Discuss the prospects of Food Processing Industry in North East India.
d)         What are the features of International Business?
e)         Write a note on W.T.O.
4. Analyse the various economic and non-economic factors determining business environment in a country like India.   10
Analyse the sectoral contribution of national income in India.                               10
5. Discuss the various poverty alleviation programme introduced in India.           10
Discuss the problems created by parallel economic in present day India. What steps are taken by the Government of India to solve the problems?                                                      6+4=10
6. Discuss the problems and prospects of Industrial development in Assam.                    10
7. Explain the various problems of foreign trade faced by the developing countries of the world.
What are the objectives of World Bank? How far has it succeeded in fulfilling its objectives? Discuss.


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