Download:

1.Oracle VM VirtualBox - Download the latest version of here

2.Android x86 4.2 Image - Download the Android 4.2 image from here

Instructions:

1.Install VirtualBox on your PC

2.Open VirtualBox and select New. In the dialog box enter the name as your wish and select
i)Type : Linux
ii)Version : Other Linux
and select Next

3.In the next dialog box enter the memory size as your wish

Note : Minimum 512Mb required for JellyBean

and select Next

4.In the next dialog box select create a virtual hard drive now. Then select VDI and select fixed or
dynamically allocated as your wish and create the virtual drive

Note : Mininimum 1 GB required for installation

5.Select Virtual device and select settings, a dialog box appears. In the dialog box select
i)Storage->Storage Tree->Empty
ii)In the attributes section select the Android 4.2 iso file you downloaded and check Live
Cd/Dvd, then click Ok

6.Then start the virtual device. In the screen select Install Android-x86 to hard disk.

7.In the next screen select Create/Modify Partition.

8.Then create a new primary bootable partition and select write. After finishing writing select quit.

9.When done click on quit you can Then install android in sda1 and select type as ext3 , choose yes
for installing grub.
10.After installing remove live iso from VirtualBox and reboot. Now you can boot into Android 4.2.2.

You are done.

Cheers, enjoy.....
Some of Screenshots

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So, that's pretty much it, a list of 10 easy steps. Have fun playing with your new OS.