Correct Answer: Inter-related

Solution : It is very difficult to predict the changes of business environment. As environment is changing very fast. Anju observed that numerous interrelated and dynamic conditions or forces arise from different sources. 
Hence, In the above case feature of business environment highlighted is inter-related. Hence, the correct option is 4.. 

Correct Answer: Marshall

Solution : The correct option is Marshall.

J. B. Say's Law of Markets, often summarised as supply creates its demand, asserts that the production of goods and services leads to the generation of income, which subsequently fuels demand for other goods and services. Essentially, the act of creating something also provides consumers with the means to buy other products and services.

Correct Answer: representative

Solution : The correct choice is the first option.

Explanation: In the context of a democracy, individuals who seek to become part of the governing body and represent the interests of the citizens are often referred to as "representatives". This term aligns with the democratic principles mentioned in the passage.

So, the correct answer is representative.

Correct Answer: Ministry of Rural Development

Solution : The correct option is the Ministry of Rural Development.

The Government of India's Ministry of Rural Development is in charge of carrying out the National Rural Livelihood Mission (NRLM). By encouraging self-employment and entrepreneurship options for rural households, especially women's, NRLM seeks to reduce rural poverty. The primary goal of the mission is to empower impoverished rural communities by forming Self-Help Groups (SHGs) and providing them with training, financial resources and capacity building to improve their means of subsistence and sources of income.

Correct Answer: conductor

Solution : The correct option is the conductor.

Ohm's Law states that the current passing through a conductor between two points is directly proportional to the voltage across the two points, given the temperature and other physical conditions remain constant.

V=IR, where

• V represents voltage in volts (V).
• I represent current in amperes (A).
• R represents the resistance in ohms (Ω).

Correct Answer: John Locke

Solution : The correct option is John Locke.

The quote " Where there is no law, there is no freedom" is credited to the English philosopher John Locke. Locke played a pivotal role in the evolution of contemporary political theory, best known for his views on natural rights, government and social compact. This remark emphasises the importance of the rule of law in protecting individual rights and liberties within a community.

Correct Answer: Both are true 
 

Solution : The object of entrepreneurship is lawful business. Entrepreneurship has skill and other knowledge and competency requirements that can be quiet learnt and developed both by formal education and vocational training as well as by observation and work experience.

Hence, option A is correct.

Correct Answer: Corporate Affairs

Solution : The correct answer is Corporate Affairs.

The Competition (Amendment) Bill 2022 belongs to the Ministry of Corporate Affairs. The Bill amends the definition of turnover to include global turnover derived from all products and services by a person or an enterprise. The amendment allows for penalties for competition law violations based on a company's global turnover rather than just its turnover in India.

Correct Answer: Mother

Solution : Following the instructions of the question, the family tree will be –

Here, the quadrilateral represents the male, and the circular figure represents the female in the figure.

So, S is the mother of R. Hence, the fourth option is correct.

Correct Answer: Either a) or b)

Solution : The correct answer is (d) Either a) or b).

The Law of Diminishing Marginal Utility assumes that the income of the consumer remains constant. When the consumer's income increases, they have the ability to purchase more units of a good, which can affect their marginal utility. If the consumer's income decreases, they may have to reduce their consumption of the good, which can also affect their marginal utility. In both cases, the law may not hold true as the change in income can alter the consumer's preferences and the utility derived from each unit of the good. Therefore, if the income of the consumer changes, either by increasing or decreasing, the Law of Diminishing Marginal Utility may not apply.