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Just after declaration of Lok Sabha elec...

Just after declaration of Lok Sabha elections 2009 results, the Bombay Stock Exchange price index rose by 2100 points in a day. This statement signifies the effect of which environment?

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Just after the declaration of Lok Sabha Elections in 2014, the bombay Stock Exchange index rose by 1000 points. Indentify the dimension of business environment

Identify the dimension of business environment, in each of the following cases and explain them (i) The project of Nano Car re-established in Gujarat (ii) Decrease in the repo rate to overcome recession (iii) Rise in the BSE price index, soon after the declaration of Lok Sabha Election, 2014 results (iv) Increase in the number of working women (v) Prohibition of advertisement of alcoholic beverages on Doordarshan (vi) Demand for reservation for minorities in government jobs.

Crisis of June 1991 Major elements of the crisis situation which led the Government of India to announce economic reform were : .A serious fiscal crisis in which the fiscal deficit reached the level of 6.6 per cent of GDP in 1990-91. Heavy internal debt which rose to about 50 per cent of GDP with interest payments draining about 39 percent of total revenue collections of the central government. Low GNP growth rate which fell to 14 per cent from the peak level of 10.5 per cent in 1988-89 (at 1980-81 prices). Low overall agricultural production, foodgrain production and industrial production showed negative growth rates of -2.8 per cent,-5.3 per cent and -0.1 per cent respectively. Soaring inflation rate based both on wholesale price index and consumer price index (for industrial workers) at 13-14 per cent Shrinkage of foreign trade, imports (in terms) fell by 19.4 per cent and exports by 15 per cent. Depreciation of rupee by 26.7 per cent vis-à-vis US dollars. Fall of foreign exchange reserves to such a low level that they were barely adequate to meet the import requirements of a few weeks Non-resident Indians (NRIS) were withdrawing their deposits at an alarmingly high rate The confidence of the international financial institutions was badly shaken and in just over a year its creditworthiness rating fell from AAA to BB+ (put on credit watch). The country was on the verge of defaulting on international financial obligations and the situation warranted immediate policy action to save the situation. In May 1991, the Government had to lease 20 tons of gold out of its stock to the State Bank of India to enable it to sell the gold with repurchase option after six months. In addition, Reserve Bank of India was allowed to pledge 47 tones of gold to the Bank of England to raise a loan of $600 million State the explain one feature of business environment as reflected in the above para

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