Match List-I with List-II
| List-I | List-II |
| (Dimensions of Business Environment) | (Components) |
| (A) Economic Environment | (I) Expansion of transportation and communication facilities |
| (B) Social Environment | (II) Education System and Literacy Rates |
| (C) Political Environment | (III) The level of Political morality |
| (D) Technological Environment | (IV) Forces related to scientific improvements |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(A) Economic Environment — this matches (I) Expansion of transportation and communication facilities. Roads, railways and telephones are part of a country’s infrastructure, and the book lists their expansion among the components of the economic environment, beside income, savings and production.
(B) Social Environment — this matches (II) Education System and Literacy Rates. How educated people are shapes their habits, values and demands, which make up the social environment.
(C) Political Environment — this matches (III) The level of Political morality. The honesty of political life affects how stable and fair the conditions for business are.
(D) Technological Environment — this matches (IV) Forces related to scientific improvements. New methods, machines and products come from scientific progress; that is the technological environment.
NCERT (2026-27 Edition): “(iii) Technological Environment: Technological environment includes forces relating to scientific improvements and innovations which provide new ways of producing goods and services and new methods and techniques of operating a business. …”
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