BE&L SRET24 Unit Wise Important Questions

SREE RAMA ENGINEERING COLLEGE: TIRUPATI
(AUTONOMOUS)
MBA I Year I Semester
BUSINESS ENVIRONMENT &LAW
UNIT WISE IMPORTANT QUESTIONS
UNIT-I
1 What is meant by Business Environment write important component of the business environment
that a business manager must confront?
a) Define industrial policy of 1991? Explain the objectives and implications of industrial policy.
2
b) Explain the implications of industrial policy.
3 Enumerate the important features of the Industrial Policy, 1991.
a) What is liberalization? Explain the impact of liberalization on Indian economy.
4
b) List out advantages of liberalisation.
5 a) Explain the reasons and models of privatization
b) List out benefits of privatization.
6 How do you define globalization and its factors, stages and benefits
7 What do you understand by LPG and how far it is helpful for the growth of the county
8 Discuss in detail about the repercussions of the Industrial policy of 1991 on the Indian economy
UNIT-II
a) Memorize objectives and Significance Monitory policy

1.
b) State the different instruments of monitory policy used by Reserve Bank of India for credit
controlling?
2. Explain about different types of monitory policies in emerging economic scenario
3. a) Describe the Role of Fiscal Policy in Economic Development

b) Discuss about objectives Fiscal policy
4. a) Why has the EXIM Bank been formulated? What role does it play?
b) Illustrate the important features of India’s EXIM policy.
5. Discuss about objective of EXIM policy and its implication of foreign trade
6. State concept of balance of payments and how it is maintained.
7. How does the WTO stimulate international trade?
8. What is GATS? Explain the dumping and anti-dumping measures in WTO
9. Recall the concept of TRIPS and TRIMS? What is the purpose for which they have been formed?
10. Critically examine the dispute settlement mechanism in WTO

UNIT-III
1. Define business law. Discuss the need and classification of business law
2. Explain the nature and essential elements of valid contract
3. What is legality of object in law of contract 1872? Explain
4. Explain the concept of offer and acceptance with suitable examples.
a) What are the kinds of contract? explain with examples
5.
b) Discuss about bilateral and multilateral trade agreements.
a) What are the different sources of business law?
6.
b) Explain the concept of offer and acceptance with suitable examples
a) How an offer is made list out what are essential elements of valid offer
7.
b) What is acceptance? explain the essential elements of valid acceptance
8. What is the difference between conditional and unconditional offer? Give example.
9. Explain the difference between void agreement and void contract
a) How do you explain the concept of capacity to contract and free consent of law? Which contract is
10. forbidden by law? Explain
b) Explain the salient features of law of contract 1872
UNIT -IV
1 What are various steps in formulation and incorporation of companies?.

2 What is company act 1956? What is your understanding about company management and about
directors? Explain
3 a) What are the different types of companies?
b) How are companies formulated ?
4 Describe the different clauses used in MOA for formation of company?
5 a) Discuss the mandatory requirements during a Company meeting and in passing resolutions.
b) Explain the role of the auditors in a company
6 a) Write the modes of winding up of a company.
b) Explain the role of the auditors in a company.
7 a) Write short notes on company Directors.
b) Explain the difference between MOA and AOA
8 How do you explain the formulation of the company and its documents submitted by at the time of
formulation .
9 What is prospectus and detail about its contents.
10 Explain the process of winding up of a company.
UNIT-V
1 Explain information technology act 2000. Discuss the scope and applications of IT Act 2000.
2 a) What are the duties of subscribers?
b) Elaborate Cyber regulation appellate
3 Write an approach towards Digital Signatures for e -Governance in India
4 a) Discuss the role of the Cyber Regulations Appellate and Tribunal.
b) Which are the institutions that help to enforce the IT Act in India?
5 a) What is the meaning of a digital signature? What is the procedure of obtaining it?
b) What are the salient features of IT Act 2000.
7 Write an approach towards Digital Signatures for e -Governance in India
8 Explain Right to Information Act, 2005
9 What is E-Governance? discuss the objectives and advantages of E-Governance
10 Write down the salient features and contents of GST act 2017

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SREE RAMA ENGINEERING COLLEGE: TIRUPATI

a) Memorize objectives and Significance Monitory policy

3. a) Describe the Role of Fiscal Policy in Economic Development

6. State concept of balance of payments and how it is maintained.

7. How does the WTO stimulate international trade?

8. What is GATS? Explain the dumping and anti-dumping measures in WTO

10. Critically examine the dispute settlement mechanism in WTO

1 What are various steps in formulation and incorporation of companies?.

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