quesbank_260216121616.pdf - (Bcompass 1 ? 2...

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ECONOMIC REGULATION OF DOMESTIC AND FOREIGN EXCHANGE MARKET(Bcom pass) 1) What do you mean by market failure? How externality lead to market failure? 2) Define Public goods? What is a free rider problem? How does the existence of public good lead to market failure? 3) What do you mean by Moral hazard & Adverse selection? How do they lead to market failure? 4) Define productive efficiency and allocative efficiency. Show with the help of a diagram how these can be achieved under perfect competition. 5) Explain Internalisation of Externalities. 6) Discuss the main features of foreign trade policy 2015 2020? 7) Write a short noteson a)Focus Market scheme b) EPCG Scheme c) Duty Exemption and Duty Remission Schemes d) EPCs ? 8) What are SEZs? What are the facilities available to SEZs. Discuss their advantages and disadvantages? 9) Write a short note on Current industrial policy? What are its main features? 10) State the function of Development Councils constituted under Industries (Development and Regulation) Act 1951?
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  • Spring '16
  • Prime number, State Commission, Development Councils, 1999 w

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