Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Which one of the following is a part of economic environment?

Options:

Public debt

Lifestyle of people

Technological changes

Level of education

Correct Answer:

Public debt

Explanation:

Public debt is a part of economic environment. Public debt is the total amount, including total liabilities, borrowed by the government to meet its development budget. It has to be paid from the Consolidated Fund of India.