Exam Details
| Subject | business law and environment | |
| Paper | ||
| Exam / Course | m.b.a. | |
| Department | ||
| Organization | Institute Of Aeronautical Engineering | |
| Position | ||
| Exam Date | February, 2017 | |
| City, State | telangana, hyderabad |
Question Paper
Hall Ticket No Question Paper Code: CMB004
INSTITUTE OF AERONAUTICAL ENGINEERING
(Autonomous)
MBA I Semester End Examinations (Regular) February, 2017
Regulation: IARE-R16
BUSINESS LAW AND ENVIRONMENT
(Master of Business Administration)
Time: 3 Hours Max Marks: 70
Answer ONE Question from each Unit
All Questions Carry Equal Marks
All parts of the question must be answered in one place only
UNIT I
1. Explain the object and nature of the law contract. "Law of contract is not the whole law of
agreements nor the whole law of obligations" Comment.
What do you mean by contingent contract? Explain the rules regarding contingent contract using
examples.
2. State the meaning of breach of contract. Explain the remedies available to an aggrieved party
on the breach of contract with examples.
What do you understand by contract of indemnity? Illustrate. Explain the differences between
a contract of indemnity and a contract of guarantee.
UNIT II
3. How is a company formed under the Companies Act 1956? What are the consequences of incorporation
of a company?
Explain the compulsory clauses in the memorandum of Association. What are the limitations on
power of alteration of the clauses?
4. Must a limited company under the Companies Act have directors? Explain the various modes of
appointment of the directors of a company according to Companies Act 2013?
What is meant by the winding up of a company? Under what circumstances will the court order
a compulsory winding up of a company?
UNIT III
5. What is a cheque? How does it differ from a bill of exchange?
When is a negotiable instrument said to be discharged? Explain the different modes of discharge
of an instrument. 7M]
6. What is promissory note? What are its essential elements? Give a specimen of a promissory
note.
What do you understand by 'presentment for acceptance'? When is presentment for acceptance
and payment excused? What happens if a negotiable instrument is excused from presentment?
Page 1 of 2
UNIT IV
7. Describe the characteristics of an environment and the process of analyzing the environment.
What are the objectives of Industrial Policy 1991? Describe the changes brought by industrial
licensing in the Indian Industry.
8. Discuss the factors which influence the supply of supply of money in the country. Describe how
monetary policy influences inflation.
Discuss the role of fiscal policy in economic growth. Describe how taxation control inflation
UNIT V
9. Explain the structure and various components of balance of payments.
What are the causes of disequilibrium in Balance of Payments.Give explanation.
10. Describe the effects of balance of payments on Indian economy and also trends in India's balance
of payments during recent years.
What are the different measures to correct disequilibrium in BOP?Explain in detail.
Page 2 of 2
INSTITUTE OF AERONAUTICAL ENGINEERING
(Autonomous)
MBA I Semester End Examinations (Regular) February, 2017
Regulation: IARE-R16
BUSINESS LAW AND ENVIRONMENT
(Master of Business Administration)
Time: 3 Hours Max Marks: 70
Answer ONE Question from each Unit
All Questions Carry Equal Marks
All parts of the question must be answered in one place only
UNIT I
1. Explain the object and nature of the law contract. "Law of contract is not the whole law of
agreements nor the whole law of obligations" Comment.
What do you mean by contingent contract? Explain the rules regarding contingent contract using
examples.
2. State the meaning of breach of contract. Explain the remedies available to an aggrieved party
on the breach of contract with examples.
What do you understand by contract of indemnity? Illustrate. Explain the differences between
a contract of indemnity and a contract of guarantee.
UNIT II
3. How is a company formed under the Companies Act 1956? What are the consequences of incorporation
of a company?
Explain the compulsory clauses in the memorandum of Association. What are the limitations on
power of alteration of the clauses?
4. Must a limited company under the Companies Act have directors? Explain the various modes of
appointment of the directors of a company according to Companies Act 2013?
What is meant by the winding up of a company? Under what circumstances will the court order
a compulsory winding up of a company?
UNIT III
5. What is a cheque? How does it differ from a bill of exchange?
When is a negotiable instrument said to be discharged? Explain the different modes of discharge
of an instrument. 7M]
6. What is promissory note? What are its essential elements? Give a specimen of a promissory
note.
What do you understand by 'presentment for acceptance'? When is presentment for acceptance
and payment excused? What happens if a negotiable instrument is excused from presentment?
Page 1 of 2
UNIT IV
7. Describe the characteristics of an environment and the process of analyzing the environment.
What are the objectives of Industrial Policy 1991? Describe the changes brought by industrial
licensing in the Indian Industry.
8. Discuss the factors which influence the supply of supply of money in the country. Describe how
monetary policy influences inflation.
Discuss the role of fiscal policy in economic growth. Describe how taxation control inflation
UNIT V
9. Explain the structure and various components of balance of payments.
What are the causes of disequilibrium in Balance of Payments.Give explanation.
10. Describe the effects of balance of payments on Indian economy and also trends in India's balance
of payments during recent years.
What are the different measures to correct disequilibrium in BOP?Explain in detail.
Page 2 of 2
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Subjects
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- e- marketing
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- financial accounting and analysis
- financial derivatives
- financial management
- financial modeling
- financial services and systems
- human resource management
- integrated marketing communication
- intellectual property rights
- leadership and change management
- management and organizational behavior
- management of technology
- managerial economics
- marketing management
- mis and enterprise resource planning
- operations management
- performance management
- product and brand management
- quantitative analysis for business decisions
- retailing management
- rural marketing
- security analysis and portfolio management
- statistics for management
- strategic human resource management
- strategic investment and financing decisions
- strategic management
- strategic management accounting
- talent and knowledge management
- training and development
- wto and intellectual property rights