Multiple choice

Match the following components of Business Environment:

 
List-I
List -II
(a) Economic Environment
(i) Exim Policy
(b) Social Environment
(ii) Customs
(c) Political Environment
(iii) Social Values
(d) Legal Environment
(iv) Business Law and Banking Act

  1. (a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)

  2. (a) - (iii), (b) - (iv), (c) - (ii), (d) - (i)

  3. (a) - (iii), (b) - (i), (c) - (iii), (d) - (ii)

  4. (a) - (i), (b) - (iii), (c) - (iv), (d) - (iii)
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Economic Environment relates to EXIM Policy (i) which governs foreign trade and economic regulations. Social Environment encompasses customs (ii) and social values (iii) that shape business practices. Political Environment maps to legal frameworks like Business Law and Banking Act (iv). Legal Environment directly corresponds to these laws and regulations. Option A correctly pairs each environment type with its associated policy or framework.

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