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Match List-I with List-II

List-IList-II
Business environmentFactors
(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

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 2

Option 1 -> (A)-(II), (B)-(I), (C)-(III), (D)-(IV) - Incorrect matching as Social Environment is paired with Peace and Harmony instead of Customs and Traditions, and Legal Environment is paired with Customs instead of FEMA.

Option 2 -> (A)-(II), (B)-(III), (C)-(IV), (D)-(I) - Correct matching: Economic Environment with Stock Market, Social Environment with Customs/Traditions, Legal Environment with FEMA, and Political Environment with Peace and Harmony.

Option 3 -> (A)-(I), (B)-(II), (C)-(IV), (D)-(III) - Incorrect as Economic Environment is paired with Peace and Harmony, and Social Environment with Stock Market, which are mismatched.

Option 4 -> (A)-(III), (B)-(IV), (C)-(I), (D)-(II) - Completely incorrect matching with Economic Environment paired with Customs and Social Environment paired with FEMA.


Hence, Option 2 -> Economic Environment correctly matches with Stock Market Condition (economic factor), Social Environment with Customs, Traditions and Festivals (cultural factors), Legal Environment with Foreign Exchange Management Act (legislation), and Political Environment with Peace and Harmony in the State (political stability) -> correct

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