Business Studies

Business Environment

Easy

Identify the component which is a part of economic environment of business.

Level of political morality

Nature of relationship of our country with other country

Prevailing political system

Demand and supply

✅ Correct Option: 4

The economic environment includes factors like interest rates, inflation, income levels, demand and supply conditions, GDP, and economic policies. Demand and supply directly relate to market/economic conditions. Options 1, 2, and 3 relate to the political environment. Hence, demand and supply is a part of the economic environment.

2025: 3 June Shift 1

Match List-I with List-II

List-I	List-II
Dimensions of Business Environment	Elements
(A) Economic Environment	(I) Stock market indices
(B) Social Environment	(II) Attitude that government holds towards business.
(C) Technological Environment	(III) Attitudes towards product innovations.
(D) Political Environment	(IV) Scientific improvements and innovations

Choose the correct answer from the options given below:

2026: 23 May Shift 1

The passage implies that a company's social engagement contributes to its brand value by:

2025: 30 May Shift 2

Which of the following statements does not reflect the importance of business environment?

2026: 12 May Shift 1

The Technological Environment comprises of:

(A) Continuing innovations in biotechnology and food preservatives

(B) Scientific improvements and innovation

(D) Advances in computers and electronics

Choose the correct answer from the options given below:

2026: 20 May Shift 1

Which of the following is not a component of economic environment?

2026: 29 May Shift 1

Which of the following statements does not represent the importance of the business environment?

Identify the component which is a part of economic environment of business.

Solution

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CUET Business Studies Past Year Questions (Topic-Wise)