MS-3: ECONOMIC AND SOCIAL ENVIRONMENT SOLVED ASSIGNMENT (2020) OCTOBER

ASSIGNMENT
Course Code : MS-3
Course Title : Economic and Social Environment
Assignment No. : MS-3/TMA/Sem-II/2020
Coverage : All Blocks
Note: Attempt all the questions and submit this assignment to the Coordinator of your Study
Centre on or before 31st October, 2020.
1. a) State the impact of social environment on business.
b) Examine how sociological environment affects and gets affected by the
economic environment of business. Give examples.
2. State the main objectives of industrial policy, 1991. Critically assess the industrial
policy of India particularly with respect to economic liberalization and globalization.
3. “Foreign Direct Investment (FDI) is increasingly important in economic development
because of its close links in trade, financial flows and technology transfer”.
Explain the above statement and examine the policy of the government in promoting
foreign capital in India.
4. Discuss the role of public sector in India. Examine the achievements by public sector of
India.
5. Write short notes:
a) Small Scale Industries.
b) Globalization.
c) Balance of Payments.
d) Social Responsibilities of Business.