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                                                                                                BUSINESS ENVIROMENT 2008

 1. What is meant by business environment? Discuss the importance of the study of business environment.         

                                                                                                                                Or

What is meant by concept of business environment? Briefly describe the components of business environment.                                                                                                                                            

2. Describe the correlation between the income, saving and investment in the context of business environment.  

                                                                                                                                Or

What do you mean by balance of payment? Discuss in brief on the causes of deficit in the balance of payment of our country.                                                                                                              

3. Write the meaning of inflation. What are the different types of inflation? Describe them briefly.

                                                                                                                               Or

What is industrial sickness? What are the causes of industrial sickness? Suggest two measures to solve the industrial sickness.                                                                                                             

 4. Define monetary policy. Explain the objectives of monetary policy.                    

              Or

"One of the instruments for economic development of a country is the privatization of industrial sector.” Give your opinion.                                                                                                                              

 5. Analyse the various problems of foreign trade faced by the developing countries in the world.

                                                                                                                             Or

Write short notes on any two of the following:                                                                                 

i)                    World bank

ii)                   World trade organization (WTO)

iii)                 United nations conference on trade and development (UNCTAD)

iv)                 International monetary fund (IMF)