MS-03 - Economic and Social Enviornment

 

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Management Programme

 

MS-03: Economic and Social Environment

 

Q1. Discuss how the role of Government changed post reform period, giving examples.

Ans. Some of the other positive gains can be counted as follows:

1) A remarkable pick-up in our export performance has reinforced the perception that ‘Made in India’ concept is slowly but surely coming in its own. The available data suggests that the export intensity of the private corporate sector (manufacturing exports per unit of sales) has almost doubled from 13.37 per cent in 1998-99 to 24.23 per cent in 2008-09

 

Q2. Explain the critical elements of politico- legal environment of business citing relevant examples.

Ans. It is a very important and decisive factor for the business sector. Democracy states government of the people, by the people and for the people.

At the enterprise level also people’s participation is very important. We authorize the local Government to collect some business taxes and spend money on local activities, when we accept the principle of democratic decentralization. Thus, the system of government and the structure of administration affects business.

 

Q3. Briefly discuss the role and importance of small scale industry in a developing economy.

Ans.

 

Q4. Discuss the trends in India’s Balance of Payments (BoP) during the past decade.

Ans.

 

 

Q5. Briefly describe the Indian financial system.

Ans.

 

Q6. Write short Notes: -

a.      Health Security.

b.      Economic Growth.

Ans.

 

 

 

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