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CUET Business Studies 2022 PYQs28 May Shift 2. Free, no login required.

Business Studies

past year questions, CUET Business Studies 2022 28 May Shift 2

Business Environment

past year questions, Business Studies, CUET Business Studies 2022 28 May Shift 2

Medium

Considering the economic environment of a business, the components are :

(A) Life expectancy

(B) Inflation

(C) Interest Rate

(D) Consumption Habits

(E) Disposable Income

Choose the correct answer from the options given below :

Solution

✅ Correct Option: 3

Economic environment includes factors like inflation rates, interest rates, disposable income, GDP, stages of business cycle, etc. Life expectancy is part of demographic environment, and consumption habits fall under social environment. Hence, only Inflation (B), Interest Rate (C), and Disposable Income (E) are components of economic environment.

Related questions:

2025: 15 May Shift 2

"The volume of exports of these products gives India an advantage in Balance of Payments and much needed Foreign Exchange."
Identify the Dimension of Business Environment.

2025: 15 May Shift 2

SubQuestion No : 48

"Focus should be on changing the manufacturing process, ensuring durability and adopting innovations".

Identify the Dimension of Business Environment.

2025: 16 May Shift 1

Which of the following is an example of Social Environment?

2026: 29 May Shift 2

Match the LIST-I with LIST-II

LIST-I (Features of Business Environment)LIST-II (Description)
A. Totality of external forcesI. Shifts in consumer preferences or entry of new competition in the market
B. ComplexityII. It consists of numerous interrelated and dynamic conditions or forces which arise from different sources.
C. UncertaintyIII. It is the sum total of all things external to business firms and, as such, is aggregative in nature.
D. Dynamic natureIV. Difficult to predict when environmental changes are taking place too frequently

Choose the correct answer from the options given below:

2026: 20 May Shift 1

Which of the following statements best describe the features of Business Environment?

(A) Business environment is largely uncertain.

(B) Business environment is a complex phenomenon that is relatively easier to understand in parts but difficult to grasp in its totality.

(C) Business environment includes only general forces.

(D) Business environment is a relative concept.

Choose the correct answer from the options given below:

2025: 14 May Shift 1

Entrepreneurship is dependent upon several economic, social, political, legal and other environmental factors. Careful monitoring of the environment for detecting early signs of opportunities and threats may influence current and future plans. This process is known as:

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CUET Business Studies Past Year Questions (Topic-Wise)