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Ignou question papers 2020 -2021 | Important Questions || IGNOU Previous Year Question Paper | IGNOU announces the term-end exam date sheet before the IGNOU exam.
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MCO 04: Business Environment
Feb 2021
Q1. Why is foreign capital so important for India’s economic development? Point out important policy changes announced by the Government to attract foreign capital since July, 1991. Given the choice between FDI and FIIs investments, which one will you prefer? Give reasons.
Q2. ‘‘Economic conditions, economic policies and economic systems are important external factors that constitute the economic environment of a business.’’ Explain this briefly and give Indian illustrations to show interaction between economic and non-economic environment.
Q3.Define Small Scale Sector. Discuss the institutional framework that has been evolved for the promotion and growth of small scale sector in India. What are the major constraints that are still being faced by the small scale sector?
Q4. State the regulatory policy measures prevalent till mid-80’s in India, and outline the changes made through reformist policy package of July 1991.
Q5. Discuss the concept of Corporate Governance and state the various measures adopted in India to ensure good corporate governance.
Q6. Discuss the significance of Money Market in a modern economy and explain the principal constituents of money market and their functioning in India.
Q7. What do you mean by ‘privatization’? Why is it considered necessary today? Explain the possible areas of privatization and point out the problems associated with privatization in India
Q8. (a) Enumerate the main provisions of The Competition Act, 2002.
(b) Explain briefly the various approaches to Social Accounting and Reporting.
Q9. Explain any two of the following:
(a) The Environmental Protection Act, 1986
(b) Social Cost-Benefit Analysis
(c) Discount and Finance House of India
MCO 04: Business Environment
June 2020
Q1. What is 'Economic Policy'? What are its different forms? Explain various objectives of fiscal policy. Why is co-ordination between monetary and fiscal policies necessary?
Q2. "The 'New Economic Policy' is a set of policies and administrative procedures, introduced since July 1991 to bring about changes in economic direction of the country." In view of this statement answer the following:
(a) Why were reforms necessary and what was wrong with the earlier system?
(b) What reforms have been introduced?
(c) What remains to be done?
Q3. Define stock exchange and describe its key functions. Explain its importance for:
(a) The investors,
(b) The corporate sector, and
(c) The society at large.
Q4. Make a case for inviting foreign capital in India. Critically evaluate the policy measures adopted by the Government to encourage inflow of foreign capital. Also indicate the hurdles foreign investors are facing.
Q5. How does socio-cultural environment affect business decision-making? Give a brief account of the nature of social culture environment prevailing in India.
Q6. Explain the concept of social responsibility of business, and discuss the nature of its obligations towards:
(a) Employers,
(b) Shareholders, and
(c) Public at large.
Q7. "The scope and coverage of Labour legislation are very wide' and overlapping." Discuss this statement by giving an overview of Labour legislation
Q8(a) State the provisions of the Competition Act, 2002 with respect to regulation of monopolies in India.
(b) What are the rights conferred upon consumers under the Consumer Protection Act, 1986? Who can file a complaint under the Act? Explain.
Q9. Distinguish between any two of the following:
(a) Import substitution and Export promotion
(b) Balance of Trade and Balance of Payments.
(c) Monopolistic and Restrictive Trade Practices.
MCO 04: Business Environment
June 2019
Q1. (a) What do you understand by environment? Discuss its importance for the business.
(b) Enumerate the important changes taking place in Indian business environment and state the impact of emerging rural markets on business in India.
2. (a) Give five enterprises assuming social responsibilities and enumerate corporate social responsibility efforts made in India.
(b) Explain the concept of Social Accounting and the various approaches adopted for social accounting and reporting.
Q3. (a) Describe the composition and functions of Competition Commission of India. 10
(b)What are the rights conferred upon the consumers under the Consumer Protection Act, 1986? Explain. What are the complaints that can be filed before a consumer forum?
Q4. (a) State the objects of the. Industrial Disputes Act, 1947 and the adjudication machinery set up for settlement of industrial disputes in India.
(b) What is meant by workers' participation in management? Discuss the schemes of workers participation so far introduced in India.
Q5. (a) Distinguish between the following :
(i) Repo and Reverse Repo
(ii)Commercial Bill and Treasury Bill
(b) Write short notes on any two of the following:
(i) Call Money Market
(ii) Certificate of Deposits Market
(iii) Money Market Mutual Funds
(iv) Discount and Finance House of India
Q6. "SEBI has been entrusted with the main responsibility to adopt suitable measures for protecting the interest of investors in securities and promoting the development and regulation of stock market." Discuss.
Q7. (a) Distinguish between the following:
(i) Economic Growth and Economic Development
(ii) Financial Savings and Physical Savings.
(b) Distinguish between the New Industrial Policy of 1991 and the Industrial Policy of 1956.
Q8. Discuss the services provided by the following national level institutions for promotion and development of small scale industries in India:
(a) SIDO
(b) SISIs
(c) SIDBI
Q9. (a) How do you justify that FDI is necessary for Indian economy? Give arguments.
(b) Has India's FDI policy been encouraging for foreign investors? Explain and briefly discuss the policy
Surjeet
MCO 04: Business Environment
Dec 2018
Q1. (a) Explain any two of the following:
(i) Industrial sickness.
(ii) Globalisation.
(iii) Environment Protection Act, 1986.
(b) Distinguish between any two of the following:
(i) Primary Capital market and Secondary Capital market
(ii) Repo and Reverse Repo
(iii) Privatisation and Disinvestment.
Q2. What is Business Environment? Enumerate the important changes taking place in Indian business environment, and state the impact of emerging rural markets on business in India.
Q3. State the requisites of good corporate governance and explain as to why accountability is regarded as the key to success in corporate governance.
Q4. (a) Explain the nature and significance of Political Environment.
(b) Discuss in brief the critical elements of Political Environment.
Q5. (a) What are Restrictive Trade Practices? Discuss briefly the types of RTPs.
(b) Discuss the duties and functions of Competition Commission of India.
Q6. Define small scale sector. Discuss the institutional framework that has been evolved for the promotion and growth of small scale sector in India. What are the major constraints that are still being faced by the small scale sector?
Q7. Discuss the Trade Policy Reforms initiated by Government of India since 1991-92.
Q8. Explain the concept of Globalisation. Discuss the role of WTO in promoting Globalisation.
Q9. State SEBI Guidelines in respect of:
(a) Pricing of securities at the time of making a public issue.
(b) Promoters' contribution in a public issue of securities.
(c) Documents to be submitted along with the offer document by the lead manager.
MCO 04: Business Environment
June 2018
Q1. (a) Explain any two of the following concepts:
(i) Special Economic Zones (SEZs)
(ii) Trade Related Intellectual Property Rights (TRIPs)
(iii) Corporate Governance
(b) Distinguish between any two of the following:
(i) Strikes and Lockouts.
(ii) Import substitution and Export promotion.
(iii) Balance of Trade and Balance of Payments.
Q2.(a) Discuss Monetary Policy and its objectives.
(b) Explain the highlights of Fiscal Policy announced by Government of India.
Q3. Explain the nature of regulatory framework governing business in India.
Q4. (a) Why is foreign capital so important for India's economic development? Point out important policy changes announced by the Government to attract foreign capital since
July, 1991.
(b) Distinguish between FDI and FIIs and which one will you prefer and why?
Q5. Define stock exchange and describe its key functions. Explain its importance for:
(a) the investors, (b) the corporate sector, and (c) the society at large.
Q6. 'Socially responsible Organisations are usually the most successful Organisations'. Comment.
Explain the dimensions of Social Responsibilities of Business.
Q7.What do you mean by Privatisation? Why is it considered necessary today? Explain the possible areas of Privatisation and point out the problems associated with Privatisation in India.
Q8. Explain the Framework of Indian Financial System. State the major recommendations of the Narasimham committee on Financial Sector reforms.
Q9. What is 'business environment'? Explain the major elements which constitute the environment of business. Why is it important for a manager to study and scan this environment?
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