Which of the following are the components of feasibility analysis?

(A) Economic Analysis

(B) Technical Analysis

(C) Financial Analysis

(D) Personal Analysis

Choose the correct answer from the options given below:

Option 1 -> (A), (B) and (D) only - Personal Analysis is not a standard component of feasibility analysis, making this combination incorrect.

Option 2 -> (A), (B) and (C) only - This includes Economic, Technical, and Financial Analysis, which are all core components of feasibility analysis used to evaluate project viability.

Option 3 -> (A), (C) and (D) only - While Economic and Financial Analysis are correct, Personal Analysis is not a recognized component of feasibility analysis, and it excludes Technical Analysis which is essential.

Option 4 -> (B), (C) and (D) only - Though Technical and Financial Analysis are correct, Personal Analysis is not a standard component, and it excludes Economic Analysis which is fundamental.

Hence, Option 2: (A), (B) and (C) only -> Feasibility analysis systematically evaluates whether a project should proceed by examining Economic Analysis (cost-benefit and economic viability), Technical Analysis (technical resources and capabilities), and Financial Analysis (funding and financial returns). Personal Analysis is not a recognized component of standard feasibility studies. -> correct