Economic And Social Environment Solved Assignment Q50s

ECO 13
Course Title : Business Environment
Assignment Code : ECO 13 /TMA/2017-18
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.
1. What is meant by business environment? List economic and non-economic components
of business environment. Explain cultural environment of India.
(5+5+10)
CLICK HERE TO GET ANSWER

2. Explain why India’s economy is called “A Mixed Economy”. Describe different sectors
of Indian economy.
(5+15)
CLICK HERE TO GET ANSWER

3. What were the objectives of the “Industrial Policy 1991”? Discuss various policy
measures adopted for achieving these objectives. Evaluate briefly the success of this
policy.
(5+10+5)
CLICK HERE TO GET ANSWER

4. Distinguish between the following:
a) Statutory and Non-Statutory Measures of Settlement of Industrial Disputes
CLICK HERE TO GET ANSWER

b) Foreign Direct Investment and Portfolio Investment
(10+10)
CLICK HERE TO GET ANSWER

5. Write short notes on the following:
a) Role of foreign capital in industrialization
CLICK HERE TO GET ANSWER

b) Balance of payments
CLICK HERE TO GET ANSWER

c) Advantages and disadvantages of free trade
CLICK HERE TO GET ANSWER

d) Functions of World Trade Organization
CLICK HERE TO GET ANSWER

Afflluence Writng Service
ECO 13
Course Title : Business Environment
Assignment Code : ECO 13 /TMA/2017-18
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.
1. What is meant by business environment? List economic and non-economic components
of business environment. Explain cultural environment of India.
(5+5+10)
CLICK HERE TO GET ANSWER

2. Explain why India’s economy is called “A Mixed Economy”. Describe different sectors
of Indian economy.
(5+15)
CLICK HERE TO GET ANSWER

3. What were the objectives of the “Industrial Policy 1991”? Discuss various policy
measures adopted for achieving these objectives. Evaluate briefly the success of this
policy.
(5+10+5)
CLICK HERE TO GET ANSWER

4. Distinguish between the following:
a) Statutory and Non-Statutory Measures of Settlement of Industrial Disputes
CLICK HERE TO GET ANSWER

b) Foreign Direct Investment and Portfolio Investment
(10+10)
CLICK HERE TO GET ANSWER

5. Write short notes on the following:
a) Role of foreign capital in industrialization
CLICK HERE TO GET ANSWER

b) Balance of payments
CLICK HERE TO GET ANSWER

c) Advantages and disadvantages of free trade
CLICK HERE TO GET ANSWER

d) Functions of World Trade Organization
CLICK HERE TO GET ANSWER

Afflluence Writng Service

https://www.IgnouStudentZone.inASSIGNMENT SOLUTIONS GUIDE (2016-2017) B.E.C.E-2 Indian Economic Development Issues and Prespectives Disclaimer/Special Note: These are just the sample of the Answers/Solutions to some of the Questions given in theAssignments. These Sample Answers/Solutions are prepared by Private Teacher/Tutors/Authors for the help and guidance of the student to get an idea of how he/she can answer the Questions given the Assignments. We do not claim 100% accuracy of these sample answers as these are based on the knowledge and capability of Private Teacher/Tutor. Sample answers may be seen as the Guide/Help for the reference to prepare the answers of the Questions given in the assignment. As these solutions and answers are prepared by the private teacher/tutor so the chances of error or mistake cannot be denied. Any Omission or Error is highly regretted though every care has been taken while preparing these Sample Answers/ Solutions. Please consult your own Teacher/Tutor before you prepare a Particular Answer and for up-to-date and exact information, data and solution. Student should must read and refer the official study material provided by the university. Answer all the questions 1. Long Answer Questions. (Word limit-500 words) Q. 1. Write a critical note on the various debates on Models of Development Planning. Ans. Debates on Models of Development Planning: Keeping in view the large population in India dependingon agriculture, it is fair for thinkers to advocate agricultural sector reforms to improve the positions of agricultural labourers and farmers. A mixed model based on the agriculture and industry is also in keeping with the demands of the large agrarian base of a less developed economy like India as it was five to six decades ago. India’s developmental planning is also derived from the contribution of thinkers who foresaw the need for heavy industries to give a strong base for higher productivity avenues to the labour displaced from the traditional agriculture and the huge urban educated youths. Their vision was modern industries would have to be promoted by laying a strong base with state supported investment. Jawaharlal Nehru and P.C. Mahalanobis: ‘Mahalanobis Model’ Nehru was inspired by the Soviet model of development and centralised planning. He was influenced by the Soviet model for concentrating investment to start with on heavy industry to sustain long-term self-reliant development. Encouraged by the Nehruvian emphasis on sustained self-reliant development, the basic framework of the Five Year Plan was developed by P.C. Mahalanobis. Thus, it is called “Mahalanobis Model”. The strategy for the Second Five Year Plan was rapid industrialisation and with an emphasis on the development of heavy industry or capital goods industry or capital goods industry with a priority. The logic was that India has to develop basic machinery and equipment needed to produce consumer goods if it were to increase consumption of the people in a sustained manner.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *