www.tmu.ac.in DCA Model Question Paper : Teerthanker Mahaveer College of Management And Computer Applications

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Teerthanker Mahaveer College of Management And Computer Applications
DCA I SEMESTER EXAMINATION 2010-11
Course Code: DCA101 Paper ID: 0121101
Economic Environment of Business

Model Question List : http://www.tmu.ac.in/oldquestions.htm
Model Question Paper : http://www.tmu.ac.in/pdf/oldquestiondca201011.pdf

Time: 3 Hours Max. Marks: 75
Note: Attempt six questions in all. Q. No. 1 is compulsory.
1. Answer any five of the following (limit your answer in 50 words). (3x5=15)
a) Economic planning.
b) Competition Act 2002
c) FEMA 1999
d) Characteristics of Business
e) Budget Multiplier
f) Paradox of thrift
g) Inflationary GAP
h) Economic Stabilization

2. “There is really no opposition between micro and macro economics. Both are absolutely vital. You are less than half educated, if you understand the one while being ignorant of the other.” Comment. (12)

3. What is business environment? Is it correct to say that all non-economic environmental factors have economic implications? (4+8)

4. What are business cycles? Explain the four phases of business cycle. (4+8)

5. Explain the problems of economic development and growth. (12)

6. How is fiscal policy different from monetary policy? Why are its effects direct, while those of monetary policy are indirect in nature? (4+8)

7. Explain the role of aggregate demand and aggregate supply in equilibrium determination under the Keynesian theory of employment. Which of the two is used to reduce unemployment in this theory? (8+4)

8. Discuss the problem faced by small scale and collage industries in India. Suggest measures to overcome these problems. (8+4)