Scanning, WTO, MP
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Questions and Answers

Instrument/measure/tool/technique of monetary policy - A) measures for expansion of currency and credit

{Revision of OMO, liberalisation of the bill mkt scheme, financing facilities to the priority sectors, refinancing and rediscounting facilities, establishment of various financial institutions, deficit financing, anti inflationary fiscal policy, allocation of resources.}

Instrument/measure/tool/technique of monetary policy - B) Measures for credit control

QUANTITATIVE/GENERAL MEASURES : Bank rate, CRR, SLR,OMO, liquidity adjustment facility (LAF), marginal standing facility (MSF). QUALITATIVE/SELECTIVE: marginal requirement on loans, discriminatory interest rates(DIR), regulation of consumer credit, credit authorization scheme (CAS), credit monitoring arrangements(CMA), moral persuasion, ceiling on loans, directives, direct action

Features of monetary policy

Active policy, flexible, use multiple monetary instruments, contradictory objective, investment& structure of interest rates

Objectives of monetary policy

<p>Achieve price stability, accelerates economic growth, controlled expansion, promotion of S&amp;I, regulation of aggregate demand, employment generation , stability in foreign exchange market, stability in financial market, maintain balance between conflicting goals, control business cycle , interest rate stability</p> Signup and view all the answers

Definition of monetary policy

<p>D.C ROWAN : &quot;discretionary act undertaken by the authorities uthoriz to influence a) the supply of money b) cost of money or ROI c) availability of money.&quot;</p> Signup and view all the answers

Techniques of environment scanning 5

<p>Environmental Threats &amp; Opportunity Profile(ETOP), SWOT scanning, PEST scanning, BCG(Boston consulting group) Matrix, QUEST (Quick environment scanning) techniques</p> Signup and view all the answers

Process of environment scanning

<p>Factor affecting environment appraisal (factor relating to environment, to organisation, to strategies {corporate level strategy,SBU Lvl, functional strategies}, to strategists) identification of important factors structuring the environment appraisal</p> Signup and view all the answers

Need or importance of environment scanning

<p>Effective utilisation of resources , constant monetary of environment strategy formation, identification of thread and opportunity, useful for managers , prediction of future ,enhancs adaptability, help in taking corrective action</p> Signup and view all the answers

Definition of environment scanning or environmental appraisal

<p>Environment scanning is the process by which strategists monitor the environment factors to determine opportunity for and threats to their firm. Environmental scanning also consist of managerial decision made by assessing the significance of the data (O&amp;T) of the environmental scanning</p> Signup and view all the answers

Objective of World Trade organisation 10

<p>Set rules, transparency , settle disputeement protect environment ,increase standard of living ,increase production and employment, abolish tarif and non tarif barrier, provide forum for negotiation and monitor trade liberalisation, full benefit</p> Signup and view all the answers

Function of World Trade organisation 8

<p>Assist in training program and technical support, dispute handle ,code of conduct for administration and monitoring, optimal utilisation of resources ,oversee the important administrational and operation of covered agreement , assist internatipnal organisation(IMF ,IBRD) help economic growth, provide platform for multilateral discussion</p> Signup and view all the answers

Why WTO replaced GATT in 1995 (6)

<p>Broader scope, permanent institution, enhanced dispute resolution, comprehensive trade rule, expansion of membership, adaptability</p> Signup and view all the answers

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