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Synopsis Knowing surrounding economic environment of business or business environment is essential for M.Com. and M.B.A. students in many universities. Keeping this in mind this book is prepared. It is in a question and answer model. It consists of answers for 26 questions to cover 5 units, viz., Introduction to business environment, business and government, economic controls and promotional policies, financial environment and economic trends, structure and problems. Students can do well in their examinations by going through these questions. They are answered in simple language with latest data wherever required. The questions in this book are framed in such a way that their answers not only cover the syllabus but also give the present status of economic and business environment in India.