| ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS) | ||
| END SEMESTER EXAMINATION –SEPT/OCT.2015 | ||
| M.I.B. – III SEMESTER | ||
| P2 11 302: Global Resources And Legal Environment | ||
| Duration: 3 Hours Max. Marks: 100 | ||
| SECTION – A | ||
| I. | Answer any SEVEN questions. Each carries 5 marks. (7×5=35) | |
| 1. | Differentiate culture shock, cultural adaptation and cultural transmission. | |
| 2. | TRIPS and TRIMS are different but both are required for global trade – Elaborate. | |
| 3. | Discus the significance and features of GI tag. Give four examples of products with GI tag from Karnataka. | |
| 4. | Differentiate conventional and non-conventional energy sources with examples. | |
| 5. | Explain unethical labour practices in industries using two examples. | |
| 6. | Country risk analysis is done using certain major risk factors. Elaborate. | |
| 7. | Differentiate between GATT and WTO. | |
| 8. | What are the types of regional trade agreements? Give four examples of such major agreements in the world. | |
| 9. | Explain the meaning of the LPG policy in India. | |
| 10. | Social forestry is different from agro-forestry, but both are required in India. Justify with examples. | |
| SECTION – B | ||
| II. | Answer any THREE questions. Each carries 15 marks. (3×15=45) | |
| 11. | Elaborate the evolution, major functions and principles of the WTO and its benefits and demerits. | |
| 12. | Globalisation as a policy could have positive and negative repercussions for Indian economy. Discuss. | |
| 13. | What are the objectives of protectionism? Discuss the Instruments of Trade Policy and their objectives. | |
| 14. | Explain the basic principles of international law. What is meant by“the void at the intersection of sovereign boundaries”? | |
| 15. | What is green marketing? Discuss its importance in Indian context. What are the reasons for the increasing popularity of green marketing and green production among business organisations? | |
| SECTION – C | ||
| III. | Case Study (compulsory) (1×20=20) | |
| 16. |
Renewable energy in India Renewable energy sector’s growth in India during the last four years has been significant, even for electricity generation from renewable sources. The grid connected systems with installed capacities in the MW range indicate a growth of 96% for wind power, 26% in small hydro, 234% for biomass/co-generation power and 200% for solar photovoltaic power. Even for the decentralized systems, the growth for solar home lighting systems has been 300%, solar lanterns 99% and solar photovoltaic water pumps 196%. This is a phenomenal growth in the renewable energy sector mainly for applications that were considered to be supplied only through major electricity utilities. Renewable energy systems are also being looked upon as a major application for electrification of 20,000 remote and un-electrified villages and hamlets by 2017 and all households in such villages and hamlets by 2020. The world’s largest solar steam cooking system has been installed by the Tirumala Tirupathi Devasthanam (TTD) at Tirumala in Andhra Pradesh. The system has a capacity to prepare food for about 15,000 people/day and employs automatic tracking solar dish concentrators, which convert water into high pressure steam. The steam thus generated is being used for cooking purposes in the kitchen of TTD. It has been hooked up with the existing boiler working on diesel so as to make the system reliable under all climatic conditions. The system is expected to save around 1,18,000 litres of diesel per year, valued at Rs. 2.3 million. The total cost of the system is about Rs. 110 million, which includes back up boiler, utensils and annual maintenance contract for five years. The system has been installed by M/s Gadhia Solar Energy Systems, Valsad under a demonstration scheme of MNES with 50% financial support. Balance of the cost has been borne by the TTD trust. A total of 6 such systems have been installed in the country.
a. How will you justify spending Rs. 110 million for the solar cooking system at Tirumala? b. Why is our government emphasising the need for installing more renewable energy producing sources in India? What are the other such sources? &&&&&&&&&&&&&&&&&&&&&
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