Jammu university Fifth Semester B com Economic paper 2016


Jammu university Fifth Semester B com Economic paper 2016

Jammu university Fifth Semester B com Economic paper 2016
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COMMERCE Course No. -BBC - 504
(Economic Regulations Of Domestic & Foreign Exchange)

Time Allowed -3 Hours
  Maximum Marla-80

(Section –A)

Note: Attempt all the questions. Each question carries 5 marks

1.      Give the salient features of medium enterprises as per the micro, small and medium         enterprises act,2006
2.      What are restrictive Trade Practices
3.      Explain abuse of dominant position
4.      Who is called authorized person?

(Section - B )
Attempt any four questions selecting one question from each unit. Each question carries 15 marks
Unit-I
1. Discuss the regulatory mechanism under Industries Development and Regulation Act, 1951
OR
Give the salient features of current industrial policy
Unit – II
2. Discuss the salient features of central consumer protection council
OR
Explain the powers of national commission under consumer protection Act 1986
Unit -III
3. Explain the duties, powers and functions of competition commission of India.
OR
Give the salient features of competition Act, 2002
Unit IV
4. What is meant by foreign exchange? Explain the procedure for dealing with foreign exchange.
OR
 Write short note on :
a) Person resident in India
b) Capital account transactions
c) Scope ofFEMA, 2000

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