Match the following
| List-I (External factors of finance) | List-II (Features) |
| a. Nature of competition | 1. Monopoly |
| b. Seasonal changes | 2. Tax planning |
| c. Policy of financial institution | 3. Equity capital or debt ratio |
| d. Tax provision | 4. Inflation |
A. a-1, b-2, c-3, d-4
B. a-3, b-2, c-4, d-1
C. a-3, b-1, c-4, d-2
D. a-1, b-4, c-3, d-2
Answer: Option D

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