Question 1: What do you mean by the term business environment? Explain its different components.
Question 2: Describe the concept of economic growth. Illustrate different indicators of economic development in the context of India.
Question 3:
a) Describe the objectives of the new industrial policy (1991) of India.
b) Discuss the causes of industrial disputes.
Question 4: Differentiate between the given terms:
a) Current account and capital account.
b) Joint venture and public sector.
Question 5: Write short notes on the given terms:
a) Workers’ participation in the management.
b) Institutional framework for promoting the small-scale industries.