The Economic survey 2019 suggests that the psychological studies can be used in the realm of tax compliance. It is in favour of using religious norms such as "dying debt is a sin" to improve tax compliance. Identify the related dimension of business environment. A. Economic B. Social C. Technological D. Legal E. Political Choose the correct answer from the option given below:

Question

Option 1: A & D

Option 2: B & D

Option 3: E & C

Option 4: A & E

AfterBoards · Accepted Answer

The answer is 'B & D'. View full solution:

List-I	List-II
Business environment	Factors
(A) Economic Environment	(I) Peace and Harmony in the State
(B) Social Environment	(II) Stock Market Condition
(C) Legal Environment	(III) Customs, Traditions and Festivals
(D) Political Environment	(IV) Foreign Exchange Management Act

List I	List II
A. Removal of restrictions on the movement of goods and services	I. Legal Environment
B. The advertisement of alcoholic beverages is prohibited	II. Privatisation
C. Govt. adopted the policy of planned disinvestment	III. Globalisation
D. It involved an increased level of interaction among nations	IV. Liberalisation

CUET Business Studies 2022 6 Oct Shift 1 PYQs

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