Business Environment

The Role of Reservation Bank of India.

Articles

Reservation Bank of India (RBI) has play multiple roles in India, which can be broadly categorized as traditional role, supervisory role and promotional role. Traditional Role: Like any other Central Bank, Reservation Bank of India (RBI) ...

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Major Elements of New Economic Policy 1991

Business Environment

The New Economic Policy 1991 was initiated by Prime Minister Rajiv Gandhi, in 1985. In 1991, P.V. Narshimahrao, the then prime minister of the country pushed the policy to level of globalization and liberalization. The New Economic Policy is ...

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List the Major Achievements and Weakness of New Economic Policy 1991.

Business Environment

The Major Achievements of New Economic Policy are: GDP Growth: GDP rose from 0.8 percent in 1991-92 to 7 percent for the period from 1994-95 to 1996-97. Increase in Gross rate of return (ROR) on Capital: In 1995-96, the gross rate of return was ...

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Differentiate between Multilateral Trade System and Bilateral Trade System.

Business Environment

Multilateral Trade System. In a Multilateral Trade System several nations bear trade relations amongst themselves. It is based on the assumption that all countries must have a global view of use of resources. This type of trade ensures that ...

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Explain in detail the role of EXIM bank in India’s foreign trade.

Business Environment

Export-Import Bank (EXIM Bank) came into under the Export-Import Bank of India Act 1981.The bank is the primary export finance institution of the country, set up to promote Indian foreign trade. The bank also coordinates various institutions engaged ...

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Main Features of EXIM policy 1997-2002.

Business Environment

List of Main Features of EXIM (Export lmport) Policy: Items of import and export, other than these on negative list of items are free and subjected to Government regulations. Negative List of Items (imports). The negative list of imports includes ...

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Express the Significance of Foreign Trade.

Business Environment

Foreign trade is acts as a simulator of economic growth of a country. It also helps in optimal Utilization of resources of various countries. The main reasons which make foreign trade important for economy of a country or the significance of foreign ...

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Describe the export promotion measures of the Government of India.

Business Environment

Export help in economic development of a country, by generating valuable foreign exchange, bringing competitiveness in the existing domestic market and technology in the host country. The government took several steps to boost exports by adopting ...

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Describe the government policy towards foreign investment.

Business Environment

Government policy towards foreign investment has changed over a period of time starting from 1948 when then Industrial Policy Resolution emphasized the importance and need of foreign investment in the country. However regulatory and investment norms ...

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Point out special features of Foreign Direct investments (FDI).

Business Environment

Foreign Direct Investments (FDI) is a form of private foreign investment. It is an investment in form of wholly owned subsidiary, joint business ventures or acquisitions. Some of the important characteristics of Foreign Direct Investments (FDI) are ...

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Describe the Advantages and Disadvantages of Multinational Companies (MNCs).

Business Environment

Advantages and Disadvantages of Multinational Companies (MNCs). Advantages Multinational Companies (MNCs) are: Multinational companies have international presence, which enables technical and managerial knowledge transfer to under developed and ...

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Point out some characteristics of Multinational Corporations (MNCs).

Business Environment

Characteristics of Multinational Corporations (MNCs): Giant Colossal Size: The business (sales volume) and asset holdings of multinational corporations runs in multiple billions. To exemplify, General Electric (GE) and General Motors globally known ...

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