Discussed below are elements of triarchic theory. Choose the correct options from the statements given below:

(A) The triarchic theory of intelligence was given by Howard Gardner.
(B) According to this theory, intelligence is the ability to adapt, shape, and select the environment to accomplish one’s goals.
(C) There are three basic types of intelligence: componential, contextual, and experiential.

(D) Componential intelligence may also be called street smartness or business sense.

(E) Experiential or creative intelligence is involved in using past experiences creatively to solve novel problems.

Choose the correct answer from the options given below:

The correct answer is (B), (C) and (E) only.

To understand why this option is correct, let us analyze each of the given statements based on Robert Sternberg's Triarchic Theory of Intelligence:

1. Statement (A) is incorrect: The Triarchic Theory of Intelligence was proposed by Robert Sternberg in 1985. Howard Gardner is known for proposing the Theory of Multiple Intelligences, not the triarchic theory.

2. Statement (B) is correct: Sternberg defined intelligence as a person's capacity to adapt to, shape, and select environments to achieve their personal goals and those of their society.

3. Statement (C) is correct: The theory identifies three distinct sub-theories or types of intelligence:
- Componential Intelligence (also known as Analytical Intelligence)
- Experiential Intelligence (also known as Creative Intelligence)
- Contextual Intelligence (also known as Practical Intelligence)

4. Statement (D) is incorrect: Contextual intelligence (practical intelligence) is the one referred to as "street smartness" or "business sense," as it deals with adapting to everyday real-world environments. Componential intelligence, on the other hand, refers to analytical thinking and academic problem-solving skills.

5. Statement (E) is correct: Experiential or creative intelligence involves the ability to use existing knowledge and past experiences to solve new, novel problems and adapt to unique situations.

Thus, only statements (B), (C), and (E) are correct, making (B), (C) and (E) only the correct choice.