1 TRIMESTER INDIAN BUSINESS ENVIRONMENT (Effective from the admitted batch 200809 onwards) Tim! " #$%&' M()*M(&+'! ,0 --------------------------------------------------------------------------------------------------- I-'.&%/.i$-'! All parts of the unit must be answered in one place only. i!ures in the ri!ht hand mar!in indicate mar"s allotted. ################################################################################################### SECTION-A $. Answer any 0IVE of the followin!% Each answer should not e&ceed one pa!e. (' & 2 ($0) a) )i&ed economic system b) *ncontrollable factors of +usiness environment c) Economic plannin! d) ,-. -olicy e) /ew 0ndustrial -olicy1 $99$ f) 2omponents of investment !) 2onsumption function h) )onetary -olicy SECTION-B Answer the followin!% UNIT-I 2. a) 3hat is environmental analysis4 5escribe their methods inevitability of environmental analysis 8 OR b) 5iscuss the impact of e&ternal environmental factors on business 8 UNIT-II 6. a) +riefly discuss the ob7ectives1 salient features and si!nificance of /E- in 0ndia 8
OR b) 5iscuss the nature of the 0ndian Economy 8 UNIT-III 8. a) 3hat is the nature and scope of 2ompetition -olicy and briefly review the 2ompetition Act1 2002 in 0ndia 8 OR b) 2ritically evaluate the role and operations of )/2s in 0ndian economy 8 UNIT-IV '. a) 5efine consumption function and discuss components of consumption 8 OR b) +riefly review the 9eynesian 0:#,) ramewor" 8 UNIT-V ;. a) 5iscuss briefly 0ndian latest )onetary policy 8 OR b) +riefly e&plain the different phases of +usiness cycles 8 SECTION-C <. 2ase :tudy (2ompulsory) $0 =he Economic =imes122 >ctober 20001 reported that ?eliance 0ndustries into a swap deal for the e&port and import of 6; car!oes of naphtha over the ne&t si& months. Accordin!ly1 three car!oes of '01000 tones each were to be e&ported every month from ?eliance -etroleum@s Aamna!ar refinery and three car!oes of the same amount were to be imported to the ?eliance 0ndustries@ BaCira facility. =he deal was done throu!h Aapanese traders )itsubishi1 )arubeni1 ,tochu1 0d2mitsu and :hell. =he e&port was done at around Arabian .ulf prices plus D22 ?eliance needs petrochemical !rade naphtha for its BaCira facility which is not bein! produced at Aamna!ar. =herefore1 its crac"er at BaCira !ets petrochemical !rade naphtha from the international mar"ets in return for ?eliance -etroleum sellin! another !rade of naphtha from its Aamna!ar refinery to the international oil trade. 0f ?0, imports naphtha for BaCira petrochemical plant1 the company doesn@t have to pay the 28 per cent sales ta&1 which it will have pay on a local purchase1 even if it is from ?eliance -etro. +esides1 ?eliance -etro will also !et a $0 per cent duty drawbac" on its crude imports if it e&ports naphtha from the refinery at Aamna!ar. =he e&port of naphtha with Aapanese traders is bein! loo"ed as a coup for ?eliance as it !ives the company an entry into the lar!e Aapanese mar"et. 0ndian refineries have a frei!ht advanta!e over the :in!apore mar"et and can Euote better prices. 1%'.i$-'! $. E&amine the internal and e&ternal factors behind ?eliance@s decision for the swap deal 2. 3hat environmental chan!es could ma"e swap deal unattractive in future4 6. 2ould there be any strate!ic reason behind the decision to import and e&port naphtha4 8. :hould ?eliance import and e&port naphtha even if it does not provide any profit advanta!e4 F'$1'61''G0=G2$0H