Multiple choice

Match the following:

 
List–I (Economic Environment’s Factors) List–II (Examples)
1. Economic System (a) Mixed Economy
2. Economic Cycle (b) Prosperity
3. Structure of Economy (c) Capital Formation
4. Tax Structure (d) Income Tax
(e) Planning

  1. 1 - (a) 2 - (b) 3 - (c) 4 - (d)

  2. 1 - (a) 2 - (d) 3 - (b) 4 - (c)

  3. 1 - (c) 2 - (a) 3 - (b) 4 - (d)

  4. 1 - (c) 2 - (d) 3 - (b) 4 - (a)

  5. 1 - (d) 2 - (b) 3 - (c) 4 - (a)
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Economic systems include models like mixed economies; economic cycles involve phases like prosperity; the structure of an economy relates to capital formation; and tax structures include specific levies like income tax. Option A correctly maps these relationships.

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