Previous Year Question Paper

May 2010 - Management Accountancy Course - Part 1 - Group II - Paper 3

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\,/ . '-/ Management Accountancy i Course Part.' Examination MAY201), G H.P.3 Economic Environment General Management Roll No............................... .. Total No. of Questions-5] [Total No. of Printed Pag~s~2 Time Allowed-3 Hours Maximum Marks-IOO " . ESR Answer all questions. . All questions carries equal marks. Mar ks 1. "The right time has arrived for the Knowledge Economy to take Toots in India because it is knowledge or technology-base of the economy that will sustain the high economic growth acquired in recent years." (i) What does the term 'Knowledge Economy' denote? 5 5 (ii) What are the essential elements of Knowled&,e Economy? (iii) How development of Knowledge Economy is imperative to sustain the 'economic 10 growth? 2. What are the measures of financial developments which have been pres~ribed by 20 the World Economic Forum since 2008-09 and India's own initiative in this area covering financial stability and capital market. 3. (a) 'India's imports are no less crucial than exports to the economy.' Comment 10' giving suitable examples. 10 (b) 'Indian planning has failed to achieve' its objectives.' Do you agree? What ! have the failures and achievements of planning in India? 4. (a) Comment on the Finance Minister's announcement during his budget 10 speech that RBI is considering giving licenses to new players to conduct banking business in the context of the need and impact of this 111oveon the economy. ESR P.T. O. ."'.t '~,... 4 \If.u. . ...'" .( 2 ) ESR Marks (b) "Globalisation thrives on der~gulation, competition and economies of Scale. 10 Under such a scenario in the country, the Small Scale Industries would gradually become thing of the past." Comment. 4 .. 5. Write short notes on the following: 5 each (a) Congestion Tax (b) Green Banking (c) Peak-load Pricing (d) Business Ethics.