MS-03 Solved Assignment

Product Details: MS-03 Solved Assignment 2023 - Economic and Social Environment

Course: IGNOU MBA (Master of Business Administration)
Session: Jan - June 2023 July - Dec

Ignou Mba MS-03 Assignments - Old Sample Answers

Q. Write a short note on trade policy reforms.
Answer. The new government took office at a time when the balance of payment (BoP) position facing the country had become critical and foreign exchange reserves (FER) had depleted to dangerously low levels. Restoration of viability in our external payments situation was an urgent task requiring action on several fronts, including macro-economic stabilisation and reforming of trade policy. The trade policy reform has to aim for a quick revival of the momentum of exports. It is only through the growth of exports that we can expect to overcome persistent BoP problems, restore international confidence, and achieve true self-reliance with an expanding economy.....To get full answers buy MS-03 Solved Assignment of July - Dec ...........

Q. Write a short note Sick Industrial Companies Act, 1985.
Answer. The Sick Industrial Companies (Special Provisions) Act (SICA) of 1985 was introduced in India to ascertain the level of sickness in industrial units, speed up the resurrection of potentially viable businesses and close unviable units to release investment locked up in them for effective use elsewhere. SICA defined a sick industrial unit as one which had been around for at least 5 years and had incurred accumulated losses equal to or in excess of its entire net worth at the end of any financial year.......... The fundamental reason of enacting SICA was to figure out sickness in the industrial units. Additionally, it directed at expediting the revival of potentially viable units so as to make the investments in these kinds of units profitable. At the same time, to ensure the closure of unviable units so as to release the investments locked up in such units for productive use elsewhere.................

Q. Write a short note Public Accountability.
Answer. Public Accountability is the obligation of public enterprises and agencies to be answerable for fiscal and social responsibilities, to those who've given such responsibilities to them. A challenging problem experienced by public enterprises is to reconcile the demands of accountability and autonomy. Autonomy in managing and running the company is required to ensure a high degree of efficiency. Without such a freedom to the management in selecting it policies decision making is delayed, versatility of management is lost, and efficiency in its diverse aspects can't be guaranteed. On the contrary, since public undertakings are (a) using public funds and (b) are meant to work for social good, it is crucial that the independence of the management must be subjected to the accountability constraint. It is essential to strike a proper balance between autonomy and accountability... Get Ignou Mba MS-03 Solved Assignment 2023 Jan - June or July - Dec of Economic and Social Environment..........

Q. Define Balance of Payments.
Answer. The balance of payments, also known as balance of international payments, encompasses all transactions between..... The balance of payments is an accounting of a country's international transactions over a certain time period, typically a calendar quarter or year....... The Balance of Payments structure relies on the concepts of the double-entry book-keeping. What this means is that all the inflows of funds are put on the credit side and all types of outflows of funds are debited. The BOP accounting is different from the business accounting in one aspect. In the BOP accounting the credits are on the left side and debits on the right side...