Note :There are two Sections A and B. Attempt any three questions from Section A. Section B is compulsory.

SECTION A

1. Examine the critical elements of lndia's economic environment, especially after the introduction of the New Economic Policy in 1991.

2. Examine the growth of private sector in lndia and analyze its contribution to overall economic development.

3. What is Foreign Direct Investment ? Assess the quantitative and qualitative impact of the industrial Policy, 1991 on the inflows of Foreign Direct investment inn India.

4. Examine the growth of India's foreign trade in respect of its composition and direction since 1991.

5. Analyze India's recent growth experience, clearly identifying the role of savings (household, public and corporate) in gross domestic capital formation.

SECTION B

6. Critically examine the recommendations of the Narasimham Committee.

7. Write short notes on

a) "Business must be run in a socially responsible manner." Critically examine in the context of Indian business.

(b) Industrial Sickness in India.