Question

Match List - I with List - II. List - I (Concept):
A. Monarchy
B. Monopoly
C. Offshoring
D. Oligarchy
List - II (Explanation):
I. A form of government headed by a single member of a royal family, some hereditary rulers
II. The transfer of work to foreign contracts
III. Control of a market by a single business firm
IV. A form of government in which a few individuals rule Choose the correct answer from the options given below:

• A. A-I, B-III, C-II, D-IV
• B. A-I, B-II, C-IV, D-III
• C. A-II, B-I, C-III, D-IV
• D. A-III, B-I, C-IV, D-II

Hint:

Memory Trick:
• Monarchy $\rightarrow$ One ruler
• Monopoly $\rightarrow$ One seller
• Oligarchy $\rightarrow$ Few rulers

Answer 1

The Correct Option is A

Concept:
Different political and economic concepts have specific meanings related to governance, business, and international work systems.

Step 1:
Monarchy is a form of government ruled by a king, queen, or hereditary ruler. \[ A \rightarrow I \]

Step 2:
Monopoly means complete control of a market by a single business firm. \[ B \rightarrow III \]

Step 3:
Offshoring refers to transferring business work or services to foreign countries. \[ C \rightarrow II \]

Step 4:
Oligarchy is a form of government where a small group of people hold power. \[ D \rightarrow IV \]

Step 5:
Thus, the correct sequence is: \[ A-I,\ B-III,\ C-II,\ D-IV \] \[ \boxed{\text{(1) A-I, B-III, C-II, D-IV}} \]