Matching Type MCQs of Business Environment Business Studies Class 12

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Looking for important matching type MCQs of chapter 3 business environment chapter of Business studies class 12 CBSE, ISC and other State Boards.

We have compiled very important Matching Type MCQs of Chapter 3 Business Environment of BST Class 12

Matching Type Multiple Choice Questions of Chapter 3 of Business Studies Class 12

Let’s Practice

From the set of statements given in Column I and Column II, choose the correct pair of statements:

Column – IColumn – II
A – Liberalisationi) Greater role to the private sector in the nation-building process.
B – Legal Environmentii) Extent and nature of government intervention in business.
C – Privatisationiii) Removal of unnecessary controls and restrictions on business.
D – Social Environmentiv) Represent customs and traditions, values, social trends, etc.

Options

a) A – i)
b) B – ii)
c) C – iii)
d) D – iv)

Ans – d)

Match the following.

Column – IColumn – II
A – Suppliers and creditorsi) Opportunities
B – Social and political environmentii) Specific forces
C – Gaining the profits for being a pioneeriii) General forces
D – Positive external trendsiv) First mover advantage

Options

a) A – i), B – ii), C – ii), D – iv)
b) A – ii), B – iii), C – iv), D – i)
c) A – iii), B – iv), C – i), D – ii)
d) A – iv), B – i), C – ii), D – iii)

Ans – b)

Match the following Column I and Column II and choose the correct alternative:

Column – IColumn – II
A – Reduction in bank ratei) Social environment
B – Increasing number of working womenii) Legal environment
C – Prohibition of alcohol advertisementsiii) Economic environment
D – Online flight bookingiv) Technological environment

Options

a) A – iii), B – i), C – ii), D – iv)
b) A – ii), B – i), C- iv), D – iii)
c) A – i), B – ii), C – iv), D – iii)
d) A – iii), B – i), C – iv), D – ii)

Ans – a)

Match the following:

Column – IColumn – II
A – Lifestyle and valuesi) Economic environment
B – Payment through e walletsii) Political environment
C – Rise in inflationiii) Legal environment
D – Attitude of government towards businessiv) Technological environment
E – Statutory warning on the advertisement.v) Social environment

Options

a) A – i), B – ii), C – iii), D – iv), E – v)
b) A – ii), B – v), C – iv), D – iii), E – i)
c) A – v), B – iv), C – i), D – ii), E – iii)
d) A – iv), B – i), C – ii), D – iii), E – v)

Ans – c)

Match the statements given under A with the correct options given under B.

Column – AColumn – B
i) GlobalisationA – Abolition of licensing requirements in most of the business.
B – Integrating the national economy with the world economy.

Options

a) i) – A)
b) i) – B)

Ans – b)

Match the statements given under A with the correct options given under B.

Column – AColumn – B
i) Technological EnvironmentA – Research and development activities
ii) Political EnvironmentB – Nature of relationship of our country with foreign countries.

Options

a) i) – A, ii) – B
b) i) – B, ii) – A

Ans – a)

Match the statements with their respective features.

Column – IColumn – II
A – Dynamici) Easier to understand in parts but difficult to grasp in totality
B – Uncertaintyii) Different political conditions in different nations
C – Complexityiii) Difficult to predict future events.
D – Relativityiv) Technological improvement.

Options

a) A – iv), B – iii), C – i), D – ii)
b) A – iv), B – ii), C – ii), D – i)
c) A – iii), B – iv), C – i), D – ii)
d) A – i), B – ii), C – iii), D – iv)

Ans – a)

Match the Dimensions of Business Environment given under A with the suitable statements under B.

Column – AColumn – B
i) Legal EnvironmentA – Includes the economic factors that can affect management practices in a business enterprise.
ii) Technological EnvironmentB – Reflects specific attitudes that elected government representatives to hold towards business.
iii) Social EnvironmentC – Refers to various legislations within business transactions are to take place.
iv) Economic EnvironmentD – Includes forces relating to scientific improvements and innovations.
v) Political EnvironmentE – Include the social forces like customs & traditions, values, social trends, etc.

Options

a) i) – C, ii) – d, iii) – E, iv) – A, v) – B
b) i) – A, ii) – B, iii) – C, iv) – D, v) – E
c) i) – B, ii) – A, iii) – D, iv) – C, v) – E
d) i) – D, ii) – C, iii) – A, iv) – B, v) – E

Ans – a)

Match the features of the business environment with their respective features.

Column – IColumn – II
A – Economici) Use of machine learning in banks.
B – Politicalii) Provision of a long-term loan to the builders at a low rate of interest.
C – Legaliii) Individual freedom, social justice, equality of opportunity.
D – Technologicaliv) Introduction of new Consumer Protection Law
E – Socialv) Donal Trump withdraws membership from WHO

Options

a) A – iv), B – iii), C – i), D – ii), E – v)
b) A – ii), B – v), C – iv), D – i), E – iii)
c) A – iii), B – iv), C – v), D – i), E – ii)
d) A – ii), B – v), C – i), D – iii), E – iv)

Ans – b)

Match the following.

Column – IColumn – II
A – More demanding customersi) Free flow of goods and services between different countries.
B – Entry of foreign bank in Indiaii) Impact of NEP
C – Globalisationiii) Impact of liberalisation

Options

a) A – i), B – ii), C- iii)
b) A – ii), B – iii), C – i)
c) A – i), B – iii), C – ii)
d) A – iii), B – i) C – ii)

Ans – b)

Match the following:

Column – IColumn – II
A – Stock market indicesi) Political environment
B – Customs and traditionsii) Social environment
C – New techniques of operating businessiii) Technological environment
D – General stability and peace in the countryiv) Economic environment

Options

a) A – iv), B – iii), C – i), D – ii)
b) A – ii), B – iii), C – iv), D – i)
c) A – iii), B – iv), C – ii), D – i)
d) A – iv), B – ii), C – iii), D – i)

Ans- d)

Match the following:

Column – IColumn – II
A – Life expectancyi) Economic environment
B – Relationship of two countriesii) Social environment
C – Planned outlay in public and private sectorsiii) Political Environment
D – The Companies Act, 2013iv) Legal environment

Options

a) A – iv), B – iii), C – i), D – ii)
b) A – ii), B – iii), C- i), D – iv)
c) A – iii), B – iv), C – ii), D – i)
d) A – iv), B – ii), C – iii), D – i)

Ans – b)

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 2015

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