MMPC-013 · December 2024 · English

IGNOU MMPC-013 December 2024 Previous Year Question Paper

BUSINESS LAW

Structured previous year question paper for MMPC-013, December 2024 session.

Max marks: 100 · Questions: 9

Verified: 11 Sept 2026

MASTER OF BUSINESS

ADMINISTRATION/MASTER

OF BUSINESS ADMINISTRATION

IN BANKING AND FINANCE

(MBA/MBF)

Term-End Examination

December, 2024

MMPC–013 : BUSINESS LAW

Time : 3 Hours Maximum Marks : 100

Note : Attempt any five questions. All questions

carry equal marks.

Q1.What is the significance of Business Law ?

Q2.Explain its major objectives. [ 2 ]

Q3.Explain different Statutes which come under the purview of Business Law.

Q4.What is ‘Partnership’ ? What are its essentials ? Explain different types of Partners.

Q5.Define ‘Company’. Discuss the different features of a Company.

Q6.Write notes on the following :

(a) Classes of Capital Account transacti ons as per Foreign Exchange Management Act (FEMA)

(b) Duties of an Authorised Person under Foreign Exchange Management Act (FEMA)

Q7.Discuss ‘Privacy’ as an evolving concept in the Digital context and explain status of ‘Right to Privacy’ in India. [ 3 ]

Q8.Explain the Environmental Protection Framework in India and its impact of businesses and industries.

Q9.Briefly explain the evolution of Consumer Protection in India and discuss the role of Authorities which have been created under the Consumer Protection Act, 2019, for the protection of consumer rights.