Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

A recent cut in the interest on loans announced by the SBIM Bank encouraged Anaya, a science student of Imperial School to take a loan from SBIM Bank to experiment and develop cars to be powered by fuel produced from garbage. She developed such a car and exhibited it at science fair organised by DOE. She was awarded Ist prize for his invention.

Which of the following environment is highlighted in the above statement?

'A recent cut in the interest on loans announced by the SBIM Bank encouraged Anaya'.

Options:

Technological environment

Economic environment

Political environment

Legal environment

Correct Answer:

Economic environment

Explanation:

A recent cut in the interest on loans announced by the SBIM Bank - economic environment

Develop cars to be powered by fuel produced from garbage- Technological environment