1. a) Examine the interaction between Economic Environment and Business Management.

b) Discuss the relationship between economic and non-economic factors with the help of interaction matrix, giving examples.

2. What is the rationale for private sector development? Critically examine the problems and prospects of privatization.

3. Discuss the merits and demerits of currency convertibility for a developing economy.

4. a) Briefly discuss the significance and need for financial reforms.

b) What reforms have taken place in the small scale sector? Discuss with examples.

5. Examine the impact of economic reforms on growth rate of GDP and FDI.

6. Write short notes:

a) Public Sector in the present scenario

b) Economic Development

c) Importance of Balance of Payments

d) Role of Government.