Question

Match List-I with List-II:

Choose the correct answer from the options given below:

• (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
• (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
• (A) - (II), (B) - (IV), (C) - (I), (D) - (III)
• (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Hint:

Remember:
Form = Processing,
Place = Transportation,
Time = Storage,
Possession = Marketing \& Ownership transfer.

Answer 1

The Correct Option is C

Step 1: Time Utility comes from storage, matching (I), so C - (I); this rules out options (1) and (2).
Step 2: Form Utility comes from processing/changing physical form, matching (II), so A - (II); this rules out option (4).
Step 3: The remaining match (A)-(II), (B)-(IV), (C)-(I), (D)-(III) confirms option (3) is correct.