Dibrugarh University Question Papers: Business Environment (Nov' 2015)

2015 (November)
COMMERCE
(General/Speciality)
Course: 104
(Business Environment)
The figures in the margin indicate full marks for the questions
(NEW COURSE)
Full Marks: 80
Pass Marks: 24
Time: 3 hours

1. Answer as directed:                                                                                                   1x8=8
a)      Mention any one of the internal components of business environment.
b)      Mention one hindrance of economic growth of India.
c)       Mention one objective of New Industrial Policy.
d)      The Dunkle Draft of the GATT was proposed in the ____.             (Fill in the blank)
e)      Mention one objective of IMF.
f)       Write the full form of MFN.
g)      In which year was the IMF set up?
h)      World Bank was established in the year ____.    (Fill in the blank)

2. Write short notes on the following:                                                                      4x4=16
a)      External factors of business environment.
b)      Features of Competition Act, 2002.
c)       Differences between economic development and economic growth.
d)      Objectives of WTO.

3. (a) Discuss about the concept and significance of business environment.                  14
Or
(b) Explain the various components of business environment.                                       14

4. (a) Discuss the various components of economic environment.                                14
Or
(b) What is business cycle? Explain the different phases of business cycle.                  14

5. (a) What is privatization? Discuss the advantages and disadvantages of privatization.        4+10=14
Or
(b) Discuss about the Government of India’s Industrial Policy, 2007 for the North-East India. How far has North-East India been benefited from this policy?                                           7+7=14

6. (a) Write a note on ‘International Business Environment’.                                                        14
Or
(b) Explain the concept of globalization. Discuss about the impact of globalization in Indian industry and trade.   5+9=14

(OLD COURSE)
Full Marks: 80
Pass Marks: 32
Time: 3 hours

1. Answer as directed:                                                                                     1x8=8
a)      Mention one of the components of business environment.
b)      Write one internal factor of business environment.
c)       There is no difference between business environment and economic environment. (State True or False)
d)      Write the full form of MFN.
e)      Mention one advantage of privatization.
f)       Write one function of money market.
g)      Capital market deals with short-term/long-term loan able funds.  (Write the correct answer)
h)      Write the full form of SAFTA.

2. Write short notes on:                                                                                   4x4=16
a)      SWOT analysis.
b)      Causes of industrial sickness.
c)       Advantages of globalization.
d)      World Bank.

3. (a) What do you mean by business environment? Discuss the nature of business environment.            4+8=12
Or
(b) Discuss the external factors of business environment.                                                            12

4. (a) What do you mean by economic environment of business? Explain the elements of economic environment of business.                                                                                             4+7=11
Or
(b) What do you mean by business cycle? Discuss the different phases of business cycle.                              4+7=11

5. (a) What do you mean by EXIM policy? Explain the objectives of EXIM policy.    4+7=11
Or
(b) Discuss the salient features of New Industrial Policy (1991) of India.                         11

6. (a) What are the differences between money market and capital market? Discuss the different functions of capital market.                                                                                                4+7=11
Or
(b) Explain the quantitative credit control measures of central bank.                                       11

7. (a) Explain the objectives and functions of World Trade Organization (WTO).               5+6=11
Or

(b) Explain the objectives of SAFTA. Discuss about the importance of SAFTA in India.      5+6=11