Internal Trade — Business Studies STD 11 Commerce — Question

Discuss the merits and demerits of Departmental Undertaking.

"MNCs are in a position to exercise massive control on an economy." Substantiate.

Enumerate the services of the wholesaler to manufacturer and some general services.

Designco India is one of the fastest growing handicrafts export company, offering customers every choice in terms of materials like wood, glass, cloth, metal and stone with multiple finishes. Designco provides sophisticated, one-stop-shop solutions to meet the buyer's specific needs and helps to create a platter of offerings. The most important innovators in the handicrafts exports market had recently developed a lot of Brass Chunari This product is considered auspicious during prayer rituals, religious ceremonies and festival celebration while offering prayers to God. Brass Chunari is decorated with multicolored stones, laces, patches, beads, pearls and decorated with brass. The company received an export order of these chunari from a Thai trader, since company has ready stock of brass chunari the other formalities need to be completed before reservation of shipping space.
On the basis of the aforesaid information about Designco India, answer the following questions:
(a) What are the various formalities that need to be completed by Designco before reservation of shipping space?
(b) State the document to be issued by shipping company on the receipt of request for reservation of shipping space.

What is the purpose behind intellectual property rights?

The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 in accordance with the Reserve Bank of India Act, 1934. Following India's independence on 15 August 1947, the RBI was nationalised on 1 January 1949. Reserve Bank of India also works as a central bank where commercial banks are account holders and can deposit money. RBI maintains banking accounts of all scheduled banks. Commercial banks create credit. It is the duty of the RBI to control the credit through the CRR, bank rate and open market operations. RBI is a corporate body created by the legislature with defined powers and functions and is financially independent with a clear control over banking activities of the nation. RBI is a corporate person and has the capacity of acting in its own name.

On the basis of the given information about the Reserve Bank of India (RBI), answer the following questions:

(a) How will you classify the Reserve Bank of India (RBI) as a form of public sector enterprise?

(b) State any three features of the type of public sector enterprise identified in part (a).

What is factoring? Discuss its pros and cons.

Give two examples for each of the following non-economic activities:

1. Activities undertaken for personal satisfaction.
2. Activities undertaken to fulfil social obligations.
3. Activities undertaken to fulfil religious obligations.
4. Activities undertaken out of love and affection.

Explain the concept of public sector and private sector.