S V COLLEGE OF ENGINEERING

DEPARTMENT OF MBA

BUSINESS ENVIRONMENT AND LAW

IMPORTANT QUESTIONS

UNIT-1

1. What is business environment? Discuss components of business environment?

2. Discuss industrial policy of 1991? (Or) discuss new industrial policy of 1991?
3. Discuss briefly factors of LPG?

UNIT-II
1. Explain monetary and fiscal policy?
2. Write a short note on EXIM POLICY & EXIM BANK?
3. What is WTO? Role and functions of WTO?
4. Write a short note on TRIPS, TRIMS AND GATS?

UNIT-III
1. What is law? Discuss need, classification and sources of business law?
2. What is contract? Discuss essential elements of valid contract?
3. Essential elements of offer, acceptance and consideration?

UNIT-IV
1. Discuss the Scope and Application of IT Act, 2000?
2. GST Act 2017-Discuss?
3. Right to information Act, 2005?

Prepared by T.Sirisha , Asst .prof , svcolleges , Tirupati,

Y.P Sai laksmi , Asst .prof , svcolleges , Tirupati.

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