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Match List-I with List-II

List-IList-II
Dimensions of Business Environment Examples Examples
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(A) Economic Environment(I) Forces like customs, traditions and values
(B) Political Environment(II) Use of Artificial Intelligence in business
(C) Technological Environment(III) Policy of RBI to curb inflation
(D) Social Environment(IV) Promotion of Make in India by government

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 4

Option 1 -> (A)-(IV), (B)-(II), (C)-(III), (D)-(I): Incorrectly matches Economic Environment with Make in India policy and Technological Environment with RBI's inflation policy.

Option 2 -> (A)-(I), (B)-(II), (C)-(III), (D)-(IV): Incorrectly matches Economic Environment with customs/traditions and Social Environment with government promotion policy.

Option 3 -> (A)-(I), (B)-(II), (C)-(IV), (D)-(III): Incorrectly matches Economic Environment with customs/traditions and Social Environment with RBI policy.

Option 4 -> (A)-(III), (B)-(IV), (C)-(II), (D)-(I): Correctly matches all dimensions - RBI's inflation policy is economic, Make in India is political initiative, AI usage is technological advancement, and customs/traditions are social forces.


Hence, Option 4: (A)-(III), (B)-(IV), (C)-(II), (D)-(I) -> Economic Environment relates to monetary policies like RBI's inflation control; Political Environment includes government initiatives like Make in India; Technological Environment encompasses innovations like AI; and Social Environment covers customs, traditions and values -> correct

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