CUET Business Studies 2026 6th June Shift 1 PYQs

The statement true in the context of Economic Environment is/are:

(A) Shifts in demand from vacuum tubes to transistors, from fountain pens to ballpoint, from propeller airplanes to jets, have all been responsible and creating new businesses.

(B) High inflation rates generally result in constraints on businesses as they increase the various costs of business such as the purchase of raw materials or machinery and payment of wages and salaries to employees.

(C) A rise in the disposable income of people due to an increase in the gross domestic product of a country creates an increasing demand for products.

(D) The health-and-fitness trend has become popular among numerous urban dwellers. This has created a demand for products like organic food, gyms, bottled (mineral) water and food supplements.

Choose the correct answer from the options given below:

Which of the following are the importance of business environment?

(A) Helping firms to identify the opportunities

(B) Helping firms in improving performance

(C) Helping firms in planning and policy formulation

(D) Helping firms in coping with turbulent market conditions.

Choose the correct answer from the options given below:

It is difficult to understand the impact of social, economic, political or legal factors on change in demand of a product in the market. Which feature of the business environment is indicated here?