Question

The Finance Minister reduced the repo rate to overcome recession. This is related to
which dimension of business environment?

(a) Political Environment
(b) Legal Environment
(c) Economical Environment
(d) Social Environment​

Answer 1

Answer:

Economic environment.

Explanation:

Components of economic environment :-

• Inflation rates
• Interest rates
• Value of rupee
• Rates of saving and investment.

Thanks.