MBA MAGADH UNIVERSITY QUESTION (2016-2018) (Fourth Semester) Business and Government

MBA MAGADH UNIVERSITY QUESTION (2016-2018) (Fourth Semester) Business and Government

                                                                          2016-2018
                                                                       Time: 4 hours
                                                                      Full marks: 80
                                           Candidates are required to give their answers in their
                                                            Own words as far as practicable.
                                                            The questions are of equal value.
                                                                Answer any five questions.

1. Discuss the need of government participation in business.

2. Explain the factors that determine the scope of government participation in business.

3. Define capitalism and discuss its features.

4. What is a socialised industry? Discuss the challenges to socialist system.

5. Discuss some important pricing principles of the public undertakings.

6. Discuss the features and merits of the company form of organisation.

7. "The Industrial Policy Resolution 1991 favours privatisation in industrial development of India". Comment.

8. Discuss the present position and prospects of private sector in India".

9. Analyse the rationale of ministerial control over nationalised industries.

10. Write short notes on any two of the following:
      (a) Public corporation
      (b) Social accountability of PES
      (c) Foreign assistance
      (d) Public utility approach of PEs