LL.M (Semester (CBCS) Examination Nov/Dec-2018
LEGAL REGULATION OF ECONOMIC ENTERPRISE
Time: 2½ Hours Max. Marks: 70
Instructions: Answer any five questions.
Question No. 1 is Compulsory.
Marks indicated right side of each question.
Q.1 Multiple choice questions: 14
What is the principal failing of the market from a social-democratic point of
view?
Trade unions restrict the right t0 manage and undermine competitiveness
The market produces slow economic growth
The unjust distribution of property, income and life-chances
Business is burdened by 'red tape' in the form of government regulations
According to research by the Economist Intelligence Unit (2011) what
percentage of the world's population live in full democracies?
37.6 51.6
14.0 11.3
The process of contesting and negotiating workplace rules on the basis of the
different interests and values of employers and employees may be referred to
as
Right to manage Employee protection
Labour market flexibility Workplace politics
The initials CBI stand for
Confederation of British Investors
Conservative Business Initiative
Council for Business Innovation
Confederation of British Industry
In 2011 British Prime Minister David Cameron declared his ambition that
Britain must become one of the best places on the planet to do
Education Nothing
Sport Business
Under the last Labour government in Britain (2005-10) the top rate of income
tax was raised to
Z
50% 55%
60% 65%
Who was Prime Minister of Britain in 2013?
David Cameron George Osborne
Barrack Obama Gordon Brown
In his speech at the 2012 Conservative party conference how did Cameron
characterize the position of Britain's economy in the would today?
'Our future lies in closer integration in the European Union'
will always be able to earn our livings as a major industrial country'
'Britain faces inevitable decline'
are in a global race'
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SLR-HK-4
The kinked demand curve explains
Price rigidity Price flexibility
Demand rigidity Demand flexibility
10) Imperfect competition was introduced by
Marshall Chamberlin
Keynes None
11) A situation which the number of competing firms is relatively small is known
as
Monopoly Perfect competition
Monopsony Oligopoly
12) Demand is a function of
Price Firm
Product Cost
13) The term group equilibrium is related to
Monopolistic competition Oligopoly
Duopoly Perfect competition
14) A situation where there is only one buyer is called
Monopoly Oligopoly
Monopsony Perfect competition
Q.2 Answer any four of following. 16
Fairness in Competition
Equity and Debt Finance
Mass Disaster
Telecom Regulatory Authority
Investment in Abroad
Broad Casting Regulatory Authority
Q.3 Answer any two of the following. 12
Legal liability and legal remedies on Hazardous activity
Takeover of Management
Collaboration Agreement for Technology Transfer
Changing Techniques in Regulation of financial services
Q.4 Answer any one of the following. 14
Development and Regulation of foreign investment
De-Materialized Security
Q.5 Answer the following question. 14
Explain the remedies available for Sick Unit.