Total No. of Questions : 5] SEAT No.

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First Year M.B.A.

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211-GE-UL.11 : BUSINESS, GOVERNMENT & SOCIETY

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(2019 Revised Pattern) (Semester - II)

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Time : 2 Hours] [Max. Marks : 50

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Instructions to the candidates:
1) All questions are compulsory.
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2) All questions carry 10 marks.
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3) All questions have internal options.

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Q1) Solve any five (2 Marks Each) [10]

a) What factors have contributed to Indias overall economic growth in recent
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i) Limited access to global markets.

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ii) Lack of foreign direct investment.

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iii) Technological advancement and skilled work force.

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iv) Hight Inflation rates and fiscal deficits.

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b) Poverty is commonly defined as

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i) Lack of access to basic necessities and resources

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ii) Unequal distribution of wealth in society

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iii) Limited economic growth and development
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iv) High levels of inflation and unemployment.

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c) Institutions are important for economic growth because they:

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i) Stifle innovation and hinder development.

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ii) Ensure efficient resources allocation

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iii) Create income inequality within society

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iv) Impede foreign direct investment.

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d) Industrial relations focus on the interactions between:

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i) Employers and employees in the workplace

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ii) Business and government regulator

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iii) Domestic and international markets

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iv) Competing firms in the same industry

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 e) BREXIT refers to the process of:

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i) Promoting global economic integration

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ii) Establishing trade alliances within Europe

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iii) The united kingdom withdrawal from the Europiean union

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iv) Strengthening International cooperation and collaboration
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f) The privatisation experience in the railways sector in India has included:
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i) Improved infrastructure and passenger services

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ii) Decreased train fares for all routes

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iii) Nationalisation of railways operation
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iv) Limited private sector participation in railway projects

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g) What is a Global brand?
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h) What is privatisation.
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Q2) Solve any two. [10]

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a) Write short note on Build operate and transfer model.
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b) Write short note on role of Foreign Direct Investment (FDI) in economic

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development.
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c) Write short note on Impact of population on Development.

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Q3) Solve any one [10]

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a) What are the potential benefits drawbacks of inter dependences in global

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supply chains?
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b) What strategies can be implemented to promote balanced regional

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development and reduce urban-rural in equalities?

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Q4) Solve any one. [10]

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a) What are the potential benefits and risks associated with implementing

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public-private partnerships (PPP) projects?

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b) Explain the characteristics and distinguishing features of multinational

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corporations (MNCs) in the context of globalization.

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Q5) Solve any one. 2/1 13 [10]
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a) What are the key factors driving and globalisation of Indian businesses
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and firms and what challenges do they face in the global market?
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b) How does the blending of people, technology and ethical behaviour

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contribute to the success of businesses in the global environment?

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