IGNOU MCO-04 June 2018 Previous Year Question Paper

Q1.(a) Explain any two of the following concepts : 5,5

(i) Special Economic Zones (SEZs)

(ii) Trade Related Intellectual Property Rights (TRIPs)

(iii) Corporate Governance

(b) Distinguish between any two of the 5,5 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. 10

(b) Explain the highlights of Fiscal Policy 10 announced by Government of India.

Q3.Explain the nature of regulatory framework 20 governing business in India.

Q4.(a) Why is Foreign capital so important for 10 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 10 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. 6,6,8 'Socially responsible organisations are 10 usually the most successful organisations'. Comment. Explain the dimensions of Social 10 Responsibilities of Business.

Q6.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. 4,4,12

Q7.Explain the Framework of Indian Financial System. State the major recommendations of the Narasimham committee on Financial Sector reforms. 10,10

Q8.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 ? 5,5,10 MCO-004 2 17R:4:J1.311.-004 tore/ : 3 aif uu\rti triloct) zErrixT ITfivr ‘9', 2018 Tiltat-004 : 4 t 37NTUTI3 : 100 35e/ : 70

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