Download JNTUA MBA 1st Sem Supple 2015 Dec 14E00102 Business Environment Question Paper

Download JNTUA (JNTU Anantapur) MBA (Master of Business Administration) 1st Sem Supple 2015 Dec 14E00102 Business Environment Previous Question Paper

Code: 14E00102

MBA I Semester Regular & Supplementary Examinations December/January 2015/2016
BUSINESS ENVIRONMENT
(For students admitted in 2014 & 2015 only)
Time: 3 hours Max. Marks: 60
All questions carry equal marks
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SECTION ? A
Answer the following: (05 X 10 = 50 Marks)

1 What is business environment? Explain the factors influencing the business environment.
OR
2 Explain the role of private sector in the light of industrial policy 1991.

3 What is public expenditure? Explain the causes for the rise in public expenditure.
OR
4 What is public debt? Explain the debt obligations of the central government.

5 What is balance of payment? Explain the impact of new economic policy on balance of payments.
OR
6 Analyze the impact of liberalization measures adopted by the government since 1991 on imports and exports.

7 Write short notes on trade-related intellectual property rights and trade related investment measures.
OR
8 Explain the role of WTO in promoting the international trade.

9 What is sick industrial company (special provisions) act 1985 and explain its features.
OR
10 Explain the role of consumer regression councils in protecting the consumers in India.

SECTION ? B
(Compulsory Question) 01 X 10 = 10 Marks

11 Case study:
India?s problem is not lack of resources; it is the inability and unwillingness to mobilize resources into the public
sector. The Indian economy is not facing a resources crisis; it is confronting a fiscal crisis. The reasons for this
are the steady decline over the years in the share of direct taxes in spite of the fact that both incomes and
savings of the top 10 percent of the households in the country have been steadily increasing. The government
does not appear committed to placing greater reliance on direct taxes to mobilize resources. It is unwilling to tax
the rich and therefore has no option except to fall back on indirect taxes and rely more than ever on borrowing
from those who expect interest and tax concessions from temporarily parting with their resources to enable the
government to continue its ?development program?. Grave inter-sectoral imbalances also exist in India?s tax
structure because agricultural incomes are virtually tax free. The Raj committee has recommended the
introduction of an agricultural tax to remove this inequity, built the state government did nothing to implement
the recommendation. The long-term fiscal policy also did nothing to eliminate this inter sectoral inequity.
Public sector enterprises failed to generate the contemplated re-investable surplus and the small surplus
that becomes available from these enterprises was not attributable to improved efficiency.
The fiscal deficit reflects the total resource gap, which equals the excess of total government expenditure
over total government revenue and grants. The fiscal deficit thus fully indicates the indebtedness of the
government.
Suggest some remedies for the new fiscal policy to combat fiscal crisis.

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